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Headlines & Perspectives
Day Rates Don't Bode Well for Oil Service
By Chuck Marvin
01/08/09 - 02:30 PM EST
For energy service and drilling stocks, rig day rates and asset-replacement costs have excellent track records for indicating the future price direction of a stock.
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Dow Jones S&P 500 NASDAQ 10-Year Note
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Oil *
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UP
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UP
4.98
UP
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DOWN
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10 Yr
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