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Flowserve Corp. Message Board

  • STOCKDOX STOCKDOX Jul 1, 2009 12:08 PM Flag

    ok. I'm out

    Got out on a bounce above 71 this a.m. This stock is as weak as a newborn kitten. Broke the 50 DMA so I can't see a lot of upside short term. Oil service stocks seem to be under pressure. Although not a pure oil play this one is getting banged down with the group. Good long term hold but just the wrong time to own it. I own RIG too seems to be starting to breakdown. Decided to redeploy to financials which seem to be acting pretty good technically.

    Good luck longs

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