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fwiw, I'm reading it, and waiting for a few more points down before taking an initial position in CLB.
I will try to post some research notes from RBC and Merrill later today -- the latter in particular has an interesting R-squared analysis going back five years on CLB's (lack of) correlation with crude.
another great board -- didn't realize you'd set this one up but you know your stuff in this sector
recently added CLB to the watch list after reading about it somewhere...has been money thus far this year -- should be bullish as long as energy is the hot sector...hoping for a pullback across the energy sector to load up for the run thru next spring.