SLB and other trades

I am completely out of SLB. I still like the chart among other oil service providers (RIG, GSF) and refiners (HOC) and I think it will go to 95. I may get in if the shorter term picture clears- I see more downside to the market in the near term.

On that note, I also got out of a position in INTC. Low volume pull back to the 50 day moving average makes believe that there is not enough momentum for more upside.