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To: skinowski who wrote (9368)11/19/2008 6:06:16 PM
From: Ron  Respond to of 41419
 
Thanks for that. I've been watching USO and UGA very closely. Haven't bought yet, but could be soon.



To: skinowski who wrote (9368)11/19/2008 8:05:32 PM
From: Perspective  Read Replies (2) | Respond to of 41419
 
BTK just took out another support level. Now looks destined for a test of 500:



As someone else pointed out, it was a late-stage giver in the last bear. Perhaps it will play catch-up now as well.

I've got a little short there. I typically don't like to short an index, and prefer to find individuals that should give more than the index. I haven't had the time to dig up many as yet. I've been poking around in the BTK components and the XBI components:

finance.yahoo.com

Been trying to get some neuroscience done, but there's still too much going on in the markets...

`BC