Bookkeeping: Adding to FMC Technologies (FTI) on the "Good But Not Good Enough" Report

As discussed yesterday evening, a solid report from oil service company FMC Technologies (FTI) but with crude off a whopping $1, the stock is down 10%. I did not see much difference in this report than Core Laboratories (CLB) but that stock was run up nearly 10%, and this one run down nearly 10%. That's fine, as it nears $60 (right below its 20 day moving average) I will take the opportunity to add more, and if we move down to the 50 day moving average of $56 I will add another splash. I would not be a surprised to see a move to that level. Nothing wrong in the report other than over the top expectations - but with that said, the whole energy sector has been acting fishy of late - with crude at record prices you'd think these stocks would all be high tailing it to new highs. Since they are not, I am trying to think of scenarios this is telling us. Perhaps lower prices for crude in the future.

At least DUG (UltraShort Oil & Gas) is showing it's worth, up 5% today...

Long all names in fund; long FMC Technologies in personal account