Friday, March 4, 2016

Energy shorts getting drilled today [SDRL] [ORIG]

 So much for efficient market theory. Every driller now being treated as a BK candidate.  When the slightest butterfly wings flap then you get massive movements.

ORIG is also up nicely today but nothing like the 160% peak move on SDRL.

It will be a good bet to buy the 3 wave dip.  When SDRL heads up into the next wave I suspect UGAZ will finally catch a bid.

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