Long term move up on XLE...not the down trend link is at the 200 dam. This ETF can be a good play as oil bottoms and may continue to old highs using options I have a Jan 16 Call LEAPS that is 7.25 and expires 3rd week of Jan 16..the BE for this to break-even is 87.25...current projections show much faster advance to that point, however that is if all keeps going like it is ...that never happens but best probable guess