cpg: whole sector slammed again. Oil up>$1. What happenswhen oil has it's first $1-2 dollar pull back. Remember XOP slammed from 154 to sub 150 when oil jumped lead by 5 or 6 positve news events. Cdn oil stocks were weak across the board last half of last week and slammed this morning. Perception is oil price is set for a pull back, oil has had it's run. CNBC option traders/tech guys who were positive up to now ringing the bell. Saying time to sell. Carter worth tech S-head, who did call the drop in the sector a few months ago, says sell. They don't know, nor do they care about fundamentals. They haven't a clue about oil wieghted or gas weighted, have no idea ngl's trade at 20 bucks a barrel vs oil at $90. Yet they control the price. If we can't go up after last week, we will get slaughtered. Especially with nuttall dumping cpg specifically---after of course he made it top 3 pick.