5 replies to this topic

[A-ha]

http://xtrends.blogs...l-february.html

will add to OIH in the morning

Edited by xD&Cox, 09 January 2007 - 08:24 AM.

[IndexTrader]

I gather you're stopped out? Will you be buying the OIH still? IT

[A-ha]

I gather you're stopped out? Will you be buying the OIH still?

IT

I am buying OIH

[A-ha]

I am hoping I can get it from 126 but looks like it is opening at 127.5 - 128 If it doesnt test 125-126, I may not buy it ... Instead I may buy individual stocks in the sector... For example NBR which is down about %20 from the last time we talked about... It looks attractive at least for a short term trade

Edited by xD&Cox, 09 January 2007 - 09:11 AM.

[NAV]

Like i have been saying the last two months, Crude is headed to $38-40 and OIH to about 110-115 area over the intermediate term. A ST reflex bounce is however certainly possible. Weekly trends are clearly broken on both.

Edited by NAV, 09 January 2007 - 09:22 AM.

[A-ha]

Could be... but I will give it a chance... If it fails, it wouldnt hurt me to take %2-3 loss after that %10 profit on the short side...