OIL and GAS

2010 Hot Sector :) and so it is this year too. Will Oil break $100 resistance this month and go up higher and higher and break the historical resistance.. Maybe

http://www.theedgemalaysia.com/business-news/179880-opec-may-hike-oil-output-if-price-hit-110-official.html
 

Some countries are trying to push the price to $110 WOW!!


Lets have a look into the Oil and Gas Index Sector

Well all indicator are thumbs up and let see what counter is laggard by check the performance chart below

Wow
Saag - Suddenly became the first leading O/G counter - Leading
Ramunia - With the news of getting a new core business Borcos Shipping  -  Leading
Sapcres - Leading
Petra  - Leading
PetDag - Laggard
Perisai - Laggard
Waseong - Laggard
TGSOFF - Laggard