The Oil Service Holders Trust ticker OIH, (chart above) is one of the few sectors I can get excited about because it is in a bull market. I realise the overall markets are in bear mode, but we must remember energy, precious metals, and commodities in general are in a bull market.
As my notes indicate we are getting a correction after a breakout which I am going to take advantage of. I am using this pullback in the OIH to its breakout area to get long 1 unit here at $185.95 with a stop at 177.64
Good speculating to you all and never ever forget that "an investor is a speculator who made a mistake and will not admit it".
Long 2 units of Powershare Agriculture ticker DBA @ $35.35 stop $34.79
Long 2 units of XTO Energy ticker XTO @ $45.40 stop at $44.48
Long 1 unit Currencyshare SwissFranc ticker FXF @ $92.70 stop at $90.68
Long 2 units Ultra Oil & Gas Proshares ticker DIG @ $84.65 stop at XLE $71.93
Long 1 unit U.S. Oil Fund ticker USO @ $96.95 stop at $91.38
Long 2 units Ultrashort S&P500 ticker SDS @ $64.65 stop at SPY $130.58
Long 1 unit Oil Service Holdrs ticker OIH @ $186.05 stop at $177.64
Short 1 unit Int'l Bus Machines ticker IBM @ $129.05 stop at $128.56
Short 3 units FedEx ticker FDX @ $87.10 stop at $88.16
Short 2 units of Apple ticker AAPL @ $178.05 stop at $182.76
Short 1 unit Blackrock ticker BLK @ $218.50 stop at $218.126