Sunday, February 8, 2009

Oil watchlist

Some oils to watch next week if the commodity price can continue to build off of $40:

SD* PBR* PXP* XTXI BOLT KWK* NE NFX* HK SPN FST COG XCO* XTXI CXO DNR GMXR SPN SM TTI PDO GTE TESO

*Denotes favorites in the group. I will be looking for light volume pullbacks toward the 50 dma due to a sell the news reaction to the stimulus or other overall market weakness to pick up shares.

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