Halliburton Company (HAL)

[Sundance2]

I thought that when it dropped to 59.00 BBL. I bailed at 40.00 pps since I was wrong and will wait to see if it really drops to 50 BBL. Considering that it looks to be all out price war it could hit that number and give me a better reentry point.

I also have not seen very many down grades which I expect could impact pps, if this decline continues they are sure to come. Ironic how the down grades come well after pps have already been crushed.

This I believe will be one of the companies to recover some of the pps ahead of others so it is high on my 2015 watch list.