LONG ON HLX

This morning HLX is down 17% at 15.76 on lower than expected earning forecasts.  Once the dust settles, we may see a buying opportunity on the premise that today's drop is an overreaction. Slowly going long on HLX.

BETTING ON THE RETURN OF HLX

Perhaps a little bit early but this may be the right time to start buying HLX (19.00) again.  Expecting a comeback of higher oil prices, this oil services company will see better days in the future.

TAKING PROFITS ON HLX

In at 22.33 on 9/30/14, out today at 25.20.  Happy to take profits on HLX, that would be a 12.9% return in about three weeks.  Will keep an eye on this one for buying oportunities.

A Base for HLX

Expecting support for HLX (22.54) somewhere around low 22's.  Considering going long.

MOVING ABOVE THE 200 DMA

HLX (24.26) has crossed above its 200 dma.  Upward momentum is evident, expect this trend to continue.