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A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.

Thursday, October 23, 2008

How to play oil.....

Here are some ways to play oil. Options are available on all and the bid/ask spreads are not terrible.
XLE
USO
SLB

And the VIX closing in on 100 nearly touching the 423.6% fibonacci line. I hope you are writing options if you can because the premiums are unreal.....

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