The Market bottom ??
China just decided to spend $585 billion on INTERNAL construction, etc over the next two years.. China's getting it. That's what we need here. Build the energy infrastructure we need for the future, NOW, put people to work, at good jobs. Working people will be able to feed their families, pay their bills, and in so far as working people are taxpayers, they'll help pay down the billions in loans that went out and don't seem to be doing anything yet. Get the USA off the foreign oil habit and into energy self sufficiency.
But, as a lot of countries are sure follow China's lead, demands for construction materials and equipment will increase. That's good for CAT, and RIO. Now, to run all that equipment, you'll need diesel and electricity, so, you'll need more crude, and that's good for refiners: VLO, XOM, CVX, COP, BP. etc. Shipping and pipelines are the most economical way to get crude around the world. That's good for shippers DHT, FRO, SFL, VLCCF, and pipelines of NS and NSH.
When the spending starts, then I believe the global recession is over and the market bottom is at hand.