Bottom Fishing abounds.

I like the idea of buying before you sell at these levels in the OIL and related names.

Jan oil broke out of the opening range , like yesterday, to the upside which elicited an

immediate buying of DIG, all the Oil majors and the emerging market ETF’s.

EWW,EWZ and even Russia (RSX). These are all massively oversold names that are providing bounces to the nimble day trader.

Traders who wish to play in this sandbox should trade to make money/ Not pick the stone cold low.

Trade with defined risk!

Those wishing to pay out a little premium to pick a low in oil could look at the LINE 15 DEC 14 Calls that expire Friday.

If you can buy this strike for 10 cents it’s worth the Punt.