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OIH, XLE


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#1 Tal

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Posted 20 January 2007 - 03:53 PM

Any thoughts on the short term outlook for OIH & XLE? It seems they're still heading somewhat higher... They've been exhibiting relative strength as compared with crude the past week or so. Tal

#2 PorkLoin

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Posted 20 January 2007 - 04:11 PM

Tal, my thoughts are that I agree 100% - the divergence is there. For now I'm happy to sit with long energy positions and see what happens. Best, Doug

#3 Tal

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Posted 20 January 2007 - 06:15 PM

Thanks Doug. Ditto.