Daily Roundup (6/11/2008) - Relative Strength

Another dismal day on wall street with the DOW down over 200 points and most sectors in negative territory. However, XLE, the oil ETF ended up 0.86% in the face of the downturn and reinforced fears that oil will hit $150 before it hits $110. Bakken plays in general held their own with smaller players such as BEXP, NOG and KDKN up and some larger players like CLR and EOG slightly down. There was no breaches of 50 or 200 day MA in any of the stocks below and the uptrend appears to still be intact. Bakken stocks lives to fight another day.

			Change
NOG - ASE	$14.37		0.17 1.20%
NORTHERN OIL AND GAS
KOG - ASE	$3.38		0.14 3.98%
KODIAK OIL
CLR - NYQ	$68.94		0.35 0.51%
CONTINENTAL RESRCES
EOG - NYQ	$128.39		0.07 0.05%
EOG RESOURCES INC
BEXP - NMS	$16.14		0.26 1.64%
BRIGHAM EXPLORATN
KDKN.OB - OBB	$2.58		0.05 1.98%
KODIAK ENERGY INC
BSIC.OB - OBB	$2.40		0.31 11.44%
BASIC EARTH SCIENCE SYS INC
XTO - NYQ	$69.77		2.75 4.10%
XTO ENERGY INC

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