SPDR S&P 500 (SPY): I don't follow OIH, but he got my attent...

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Re: Two-timer post# 47547

Friday, 04/18/2008 2:33:30 PM

Friday, April 18, 2008 2:33:30 PM

I don't follow OIH, but he got my attention -- OIH is up from low of 160 to High of 208.5 today (about 30%) without any real correction -- looks due for a haircut of about 1/3 of that rise.
don't know what his reasoning was. I won't play with it anyway -- just watching, he is pretty slick,
bobjack

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