The OIH . . .

Landis82 · Oct 7, 2008

Without a doubt the single greatest vehicle/group to trade.

Mup · Oct 7, 2008

84.50 looks on the cards

dsq · Oct 7, 2008

ive traded NOV about 6 times so far today...its a crazy mofo today wild volatility....

TT1 · Oct 7, 2008

Quote from dsq:

ive traded NOV about 6 times so far today...its a crazy mofo today wild volatility....

Yeah one of my favs also,, crazy shit!

Landis82 · Oct 7, 2008

OIH from 170 - 109 in about a dozen days . . . Lots of gap "up" openings to play too!

Landis82 · Oct 7, 2008

Just after 2:10PM NOV just popped from 33.60 to 35.42 in about 7-8 minutes!!!

Crazy!!!

dsq · Oct 7, 2008

12 round trips on NOV for me..small positions tho...scalping it from long side

Mup · Oct 7, 2008

if it carn't clear that 113.25 area then at test back down to 108.50 looks more likley

Jahajee · Oct 7, 2008

OIH is good but i prefer USO --- volatility, liquid, big swings, good OPTIONS volume; proxy to trade Crude futures without being robbed by the vultures in the futures pits and lower margins.

todays range : 74.13 to 70.78
52-week hi & lo : 119.17 to 60.19

stock_trad3r · Oct 7, 2008

OIH is servicing some major losses for those who didn't sell