I think that distribution equals accumaulation .If you look to the lower indicator which shows both the accumulation and distribution , the line is almost flat.So based on that the amount of shares sold vs bought is almost equal.
But the trend in stocks is almost the same like the indexes.Sideways moves.Many traders still think recent earnings can't hold on and they bet on a slow in economy so they don't push up the markets.Look to other oil stocks they have almost same trend .
I would like to see a move in the markets towards April levels because if we stay in this slowly moving downwards trend after Q2 is passed with next months coming up wouldn't be good.Mostly October is the worst month.In Time magazines the artickles with predictions of a double dip are followed by others who think it won't be so bad etc..There is no big consensious where we are heading to.
If a form of dillution coming up by a partnership maybe this could support the stock if they have withh that found a sollution for their debt problems.They can't go further on right now.
A dillution by issueing more shares for us is again catastrofic .
OT .This month festival seasons has started and yesterday i was on the 10 days party in Gent.I also have written many times where the crisis is.Restaurants,bars ,pubs all full.Hard to found an empty chair to sit on.In fact it's a contradiction with what you read in magazines and what you see on the streets.