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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?


To: hawkeyefan who wrote (6432)5/1/2008 10:06:22 PM
From: skinowski  Read Replies (1) | Respond to of 41469
 
XOM -- not sure if I have a good feel for the sector, even though that's where most of my holdings are. Looks like it is trying to start a pullback.... which may take a long time. However, while equities in general - IMO - are still in a bear market, the larger trend for oils and energy so far seems to remain bullish. Like you and some others here I'm long DUG, which helps a little. Also, short some DUG May puts, which did very well today.