Monday, October 8, 2007

OIH Breaking Down to July 23 Level


As of 11:44am OIH is on a precipice.

Will it finally trend down as I have predicted?

Or will it rebound like the last few weeks?

UPDATE: OIH closed the day at $188.85 poised just "fiddy cents" above support at $188.35. If it breaks this level and closes below...the hedgies may run for the hills and this sucker's gonna drop!

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