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6 pts

Opinion on  Oil Service HOLDRs Trust Oil Service HOLDRs Trust (OIH)     Sector: Financial  >  Industry: Misc. Financial Services
destroying the downtrend

Feb 27, 2007 01:29 PM UTC
Me
Return Risk
-0.53% LOW
Sr. Associate

I believe the title says it all. i said in an earlier post for OIH that oil would come back. light sweet crude is back over 60/barrel. i'd say we're going to see 70 again before the summer. OIH price target of 150/share with other energy shares following the momentum of oil. look for buying opportunities on weakness, now is an excellent time to do so.

Happy Trading,
-zrvs

OIH:  This call was made on 02/27/07 @ $140.96001
Rating:   Positive   $140.96001 (02/27/07)
Closed:   04/02/2007 @ $145.75 (+3.97% in 34 days) (+0.57% from dividend)
Target:   $150.00 (+6.41%) in Three months


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