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Wednesday, 05/09/2012 10:49:37 AM

Wednesday, May 09, 2012 10:49:37 AM

Post# of 784
Oil Services Sink Again


This morning, all of the leading oil service stocks are declining lower with the major stock indexes. The important Market Vectors Oil Services ETF (NYSE:ARCA:OIH) has been selling off for over a week and this sector is entering short term oversold conditions; therefore, a small bounce in the next few day is possible. The OIH will have intra-day support around the $37.00, and $36.50 levels. ...Continue reading here: http://bit.ly/Jx274B

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