The issue as always: Who can take the pain of buying this stock at $24 and then seeing the Oil Services HOLDRs (OIH) pushed down 15 points to where it was when oil was at $40? That would put NOV down into the teens. Certainly a possibility because the ETFs, not the common, are in charge here, and they can be pushed down so easily with so little money that the tail continues to wag the dog.

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.

This has slb,rig,bhi,ne,nbr, and nov, etc. and has come in allot lately with the price of oil.

oil rocks

They are not going to crack this Oil Services HOLDRs (OIH) ETF. It's got too much going for it. There is a tremendous perception that this group and the oil and gas cohort have stalled or are finished because of the commodity futures and because of the nasty number from Exxon (XOM).

Oil services.

3 Stocks I Saw On TV
Dan Fitzpatrick examines three stocks viewed on Fast Money. Today's stocks include HOLDRS Oil Service ETF, Nike and Google.

Click here to watch the video.

Or check out the Oil Services HLDRS (OIH), says Karen Finerman.

steady correlation with the mass of oil/energy stocks

Oil: To $100 and Beyond
Amid Nigerian violence and OPEC production constraints, crude cracks another psychological barrier and continues to defy the skeptics.

Click here to watch the video.

With Oil hitting $134/Barrel and the energy stocks rolling over. I think this is teh start of the retracement. Love OIH, XLE, SU, XOM - ALL SHORT from Here, Like oil Buy VLO when the price drops as they more more money when the Crack spread narrows

OIl has to come down

Crowded trade

Great short when oil gets to $79-82 range