Saturday, January 20, 2007

King Oil - 2

Yesterday I posted a chart showing where we were with oil using OIH (I could have used XLE by the way they are about the same as far as price action) and I used the following chart - except this one is one day later.

Not quite yet - at least not for me - I want to see the breakout before I buy. I'm pretty sure there are those who jumped in the puddle yesterday.