Friday, November 03, 2006

Oil Service HOLDRS

Here is a daily chart of Oil Service Holdrs. I last commented on OIH here.

I think OIH is headed for 141. After this rally the bear market should reassert itself and carry the market down to 110 and lower.

1 comment:

Anonymous said...

hi carl,

i appreciate your comments on SHLD..but what wanted to let you know that lately, lot of insiders of this company have bought shares at significant higher prices..just wondering if that is an indication of higher prices ahead..thanks

here is the link: