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To: jim_p who wrote (85365)1/25/2001 4:37:58 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 95453
 
P's chart looks buuuoootiful to me... (if you like options)

It should run at least to the low to mid 60's. Hadn't noticed it until today. Might buy some in-the-money ST options if the price holds tomorrow around 58. (No real way to make decent money on this small a move unless you use some options imho).

207.61.23.98

Probably the March 50's or 55's would be my 1st and 2nd choice. I'd like to go with the Feb 55's, but too much open interest for me to trust it.

quote.cboe.com

XOI had a strong break-out day. XOM actually lagged it's peers on % basis, but it'll catch up eventually.

XOI chart

207.61.23.98

XOM is still pretty cheap and we'll know within a few days if this rally has the power to make new highs on the index. Should help the entire sector if the XOI can make new highs.