9/21/2005

Rita rita let's have a marga 'rita. This hurricane is definitely spooking the market and giving everyone a scare. I don't think it will hit the major oil refineries, will hit further west towards Corpus Chrisit. With that thought I've covered all my refineries and will wait it out to short these hyper refineries again on Monday. Long flr, they are a engineering firm that services the oil/gas companies because there will be definitely damages to the natural gas fields. So basically, I'll long the natural gas, and short the oils.

Current unrealized g/l:
vrsn -1.10/share
sbux -3.75/share
flr -.30/share