i think the really interesting thing will be what happens when the smaller oil companies report earnings come late Feb.
start of earnings season are always the biggest stocks - and so far those reports have been mixed - probably a little disappointing overall
but its when the likes of Apache and the little apache russian dolls report that well finally see what the impact of low oil is on equity markets - assuming everyone is still taking their lead from the US (not something thats so straight forward now japan and europe are easing and US tightening)
one to watch out for.
i think the really interesting thing will be what happens when...
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