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Tough, tough trade to stick with in this obvious rally in domestic oils. It's so consistent accross the board. Heavy reversals only proceed to move higher. NOG, PTEN, HP etc. The conviction of this rally grows.
Thought I'd add to your post here to field what the community thinks about the energy stocks.
In this post I'm attempting to detect which stocks will move and those that will not. It's not intended to be a political discussion.
To me, (my opinion) it's apparent that Washington doesn't want to take a stand or do anything. Sure seems like the entire energy policy and direction would have been easy, but the trend of the lack of: is going to most likely bring us to a screeching halt economically. Ethanol, Has anyone else noticed all of the fuel pumps handles are being replaced regularly,,, corrosion. If there, then in the cars too ? Not to engage the group with some of my likes or dislikes,,, or to prompt any political slants. but here's the point.
Will Washington get pressured into making a decisive call ? If not, then what ? If so, then which ?
Danaher DHR is a large supplier of dispensing nozzles for the fuel pumps.
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