Fluor, first of all, guided up very big, one of the biggest I have seen, so for this stock to be down 10% seems absurd. Foster Wheeler now trades at less than one time its backlog, a solid backlog put on mostly when oil was substantially lower, so there is almost no chance of cancellation.

Foster Wheeler (FWLT), Fluor (FLR) and McDermott (MDR) are in free fall, and while I was disappointed in McDermott's earnings, I am miffed that FWLT and FLR, which had really great backlogs and earnings, can't get any support at all here.

Foster Wheeler (FWLT), Fluor (FLR) and McDermott (MDR) are in free fall, and while I was disappointed in McDermott's earnings, I am miffed that FWLT and FLR, which had really great backlogs and earnings, can't get any support at all here.

It is also how I feel about National Oilwell Varco (NOV), with an order book that, again, is the envy of the industry and, again, just needs natural gas above $7 and oil about $70 to make the numbers for at least the next three years. Unfortunately, the pain of sticking with stocks like Fluor and Foster and National Oilwell is beyond the ken of most mortals.