I think it is because of SLB...they said drilling activity will be slowing going forward. Betcha RIG wont be putting in good number next Q. Sold the earnings pop because I know good and well RIG NEVER holds its gains...its so predictable. Buy at $45, Sell at $49. Been doing that the last 4- 5 months. Buy and hold? Bleh
hey chevy, watch CNBC/BLOOMBERGS, they're talking down the market, or they're trying to beat down the market for there HFT buddies, amazing tuesday, you get a stealth rally, then wammo, nothing but negative comments, tells me they're trying to talk the market down, unreal, like a rerun movie! well thats it, easy come and easy go, jmo and g/l, 1969 cheville SS 396-425HP, with 410 rear, and a M-@@ trans! those were the good ol days! jmo
yeah, I was watching cnbc I think last night and I forgot the guys name but he said market to tank further and then he'd buy some commodity names. I know oils went up mon due to romney for oil but geez, people need gas so this is getting nuts.
mine was just a standard '66 chevy malibu with 283 auto. nothing fancy. wish I had the car back. sold for 150 in 1979.
Could see it coming a mile away. Same pattern for the last 4 earnings reports. Sheep get lured in the day of the earnings then the pros slice throats. There are some serious players keeping this thing down. Until they tire of the game, the pattern will continue
DO and NE are getting hit too.....i assumed that fear of increased cap gains tax in 2013 was triggering profit taking NOW, rather than later. these stocks do have 2012 gains if you were a buyer in jan/feb