Date updated:08-27-2008
What’s the best way to play the recent spike in oil?

-
OIH
Oil Service Holdr - $122.30
- +0.76%
- $121.25
Right now we’re sitting at the 200 day moving average for the Oil Service HOLDRs (OIH). If it can break and hold above those levels I would be bullish, counsels Pete Najarian.

-
HAL
Halliburton Co - $30.71
- +1.35%
- $30.34
However I prefer specific names in the sector. Get long Halliburton (HAL), Schlumberger (SLB) or Diamond OffShore (DO), Najarian says.

-
SLB
Schlumberger Ltd - $65.52
- +1.42%
- $64.23
However I prefer specific names in the sector. Get long Halliburton (HAL), Schlumberger (SLB) or Diamond OffShore (DO), Najarian says.

-
DO
Diamond Offshore - $100.01
- +0.23%
- $99.43
However I prefer specific names in the sector. Get long Halliburton (HAL), Schlumberger (SLB) or Diamond OffShore (DO), Najarian says.
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A. They are high in quality,thanks.
A. The only one I own : SLX,
too hard pick a winner out all of them
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