A few months ago the sector recieved an upgrade when the Index was 110. Today the index closed at 70. These stocks have been falling 5% a day. What happened? Did anything fundamental change? Oil prices have stayed near the highs for the year. Natural gas prices have come down some. But this doesn't seem to be the reason. My take is that alot of people were hiding in these stocks as a defensive play. Now they are puking them out as it has become apparent there is no safe place to hide in this market. I lost alot shorting these stocks as the index moved above 100. And now I've lost money last few days buying them as it drops to 70. I must be a sorry ass OSX trader. IT seems that when it comes to trading the OSX, technicals rule the day. Buyem when they are falling and you get smoked. Like wise short them when they are going up and you are dead. Anyone here have success trading OSX? What is your methodology.