claydoctor
Short

Frackings stocks have similar patterns

NYSE:SLCA   U S SILICA HLDGS INC
67 0 2
As I look at the energy related stocks , and the ones that frack, and are small cap, short interest growing, and ratings being lowered, is the tell in, they share a similar pattern, ABCD down, with one or two bear flags, and look like indicators say they are not done yet down... are these stocks doomed? Will this correction or collapse be because of credit once again, but on oil             related this time? Will this be the straw that broke the market's back? The larger cap energy companies are not so pronounced, not same patterns per say, but in the same ballpark for sure. Are the big caps waiting like vultures to offer next to nothing after they all go bankrupt. Why not? Why overpay, when you are one of the few buyers able to buy something. Why not wait and buy low. Just observing.
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