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Dec. 13th, 2009 KEEP WATCH ON OIL, might be next move

With the dollar showing sign of strength, which indirectly leads to the price of oil to drop because oil is trade in U.S dollars, we have seen a major sell off. With this happening many Oil related companies have sold off back to their 200 day sma's or even crossed below them. So I am keeping a close on eye on companies such as cvx, vlo, and mro, which look like they have bottomed technically.
Here's a chart just to prove the sell off in oil