Swing Trading Strategies & Stock Picks Since 2003

In spite of getting burned very, very badly so far on any long positions, I am entering a large OIH call position at these levels. The confluence of the Fibs and the absurd battering over the past seven days makes this attractive to me. I am getting January calls, deep in the money. Nothing crazy. But big.

The symbol I got is .OIDAL and the price I paid was $29.