12/13/2005

A big rally but subsided a bit near the end. I just don't know what all the fuss was about with the fed's speech and wording. Wanted to short more of vlo at 111.50, but it just didn't hit my target before it started to retreat in the last hour of trading. Well tomorrow is another inventory number and it should be another build on all the oil numbers. This may and may not effect my shorts on vlo/sun. I just don't know how the traders will react to the build number with another cold front in the northeast. However, I'll continue to short until the craziness come down and the rational starts to accumulate.

Longs Current unrealized g/l:
vrsn +.60/share
ice -.60/share
sndk +1.55/share

Shorts Current unrealized g/l:
vlo -6/share
sun -1.00/share