RE:RE:RE:RE:RE:Sellers
bagcheese wrote: Well, although you weren't directing the reply at me, the company is called Tourmaline Oil.
Although TOU is ~ 80% Nat, WTI volitility does effect Nat Gas compamies even while Nat spot is stable.
TOU wasn't down 8% at one point today becasue oil lost a dollar fifty. ~95% of securities in all sectors were down righ out the gate today and it wasn't in majority part becasue of the price of oil.
Much the same as the bounce wasn't becasue of the price of oil as the price of oil is still down 2%.
Either way, I'll let the two of you debate whatever it is you're both thinking.
my point was everything was down, hence showing examples of markets and energy. While NOT an oil name, the correlation is HIGH to how oil and other energy names trade. No debate. Everything was down at one point.