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This past week in energy

By Jack Chan at www.simplyprofits.org
October 4th, 2008

OIH - on sell signal.

XLE – on sell signal.

XEG.TO – on sell signal.

USO – on sell signal.

Summary

Nothing has changed since our last update as all four ETFs remain on sell signals.

Disclosure

We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion.

October 4th, 2008
Jack Chan
website: www.simplyprofits.org