A close today under 103.10 will put in an ORL day in OXY. Closing below 102.63 ( unchanged on the week) will have us looking for a bigger correction.

Yesterday, late in the day, we recommended lightening up in OXY as well as COP. “Our style” is to always pay for our trades after a good move in our favor, so we reduce our risk profile. It’s not every body’s style, but it happens to be ours.

A close today below 102.63 will have us sell the remainder of our holdings in OXY.

Sell OXY on a 102.60 Stop Close.

GS held the 200 day mvg avg ( app 114.94) on the break leading the financials back up.