12/6/2005

The market sold off quit a bit in the final hour. It is still bullish though, just not many buyers to support this rally. The oil came back a bit which helped my shorts on sun and vlo. Tomorrow's oil inventory should push the oils back to their normal levels of $55-58/barrel. I'm starting to watch the natural gas now as short candidates because of the lower highs it has made yesterday and today. I'll wait and see how the oil inventory comes out before I short apc, dvn, and br. It should be a slow week this week without that much economic data.

Longs Current unrealized g/l:
vrsn -.0/share
ice +.30/share
sndk -1.00/share

Shorts Current unrealized g/l:
vlo -3.00/share
sun -0.60/share