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S&P 500: 1,317.11 Change: -0.21%
sporthunter
sporthunter
P&P Score: 0.59   Points: -292.63   Accuracy: 72.37%   Average Pick Score: 0.14   Annual Return: 17.98% (70.58% since 6/23/08)  

sporthunter's Blog : (OIH) Oil Service Holders

Date February 3, 2009    Comments Comments (2)    Rate this post Recommend This Post (96)   
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I have been watching this for several months. This stock has settled as low as the 60's, but I think the current range low will be $70.00. Anything lower and you are stealing this stock on a buy. As the year progresses this will rebound and drift towards the $120's - Yes, one can choose to either buy and hold or play ranges as the price climbs. Just last week you cold have realizied a nice $12.00 swing and taken profits. This happened 4 other times over the last couple months. Happy trading.
Tags : OIH  

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Author Eversar     Date February 4, 2009 14:31 Abuse this post Report Abuse
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*TOP 10 HOLDINGS ( 82.63% OF TOTAL ASSETS)
Company Symbol % Assets
BAKER HUGHES INTL BHI 9.01
Cameron Intl N/A 4.39
DIAMOND OFFSHORE DRL DO 8.67
HALLIBURTON CO HAL 10.71
NATL OILWELL VARCO NOV 6.21
NOBLE CORP NE 6.51
SCHLUMBERGER LTD SLB 12.46
SMITH INTL INC SII 4.9
TRANSOCEAN LTD RIG 14.55
WEATHERFORD INTL NEW WFT 5.22

personally i think their is much more potential in the actually commodity oil etf's: OIL, USO. Rather invest in individual companies than have a manager pick for me.

*from yahoo
Author sporthunter     Date February 4, 2009 14:54 Abuse this post Report Abuse
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If you have tracked individual oil etf's then by all means use those. I maintain a watch on (OIH), It has served me very well and I expect similar results in the future. This is only one man's prepective.
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