The energy correction

[admin]

From this article:

(Source: Zeits Energy Analytics, October 2014)

The first important conclusion from this comparison is that the correction in the Oil & Gas Sector has not been driven by the overall decline in the market. The S&P 500 index, in fact, posted a minor gain since the end of June, whereas typical declines among Oil & Gas stocks ranged in the 14%-35% range.

[admin]

The clear standouts in this comparison are the groups of mid- and small-capitalization E&P stocks, many of which appear to have declined disproportionately.

Oil & Gas Stocks: How Far Are We In This Correction? | Seeking Alpha

[sydbod]

We may be in for a bit more pain today again, but so far it looks like it may only be a very small drop if that.
http://finance.yahoo.com/echarts?s=CLX14...M;range=5d