5/18/2006

Knock, knock..you open the door and look out, there is no one there...you close the door and turn around...bam fear is in the house and scare the shit out of you. This is exactly what the market is going through righ now, we are fearful and the fear will build until we have some data to calm us down. I don't like it going into tomorrow's option expiration, which will fuel the fire for the fear. But, I'll continue to average down on my oils and good quality techs. I added more sun to an average of 69.88. We are just in the beginning of the driving season and the gasoline inventory is very low compare to last year. Even though there has been a build in the last 3 week, it is still not at the level compare to last year. Thus, I 'll continue to buy if the oils drop. Will just watch tomorrow due to the option expiration.


Longs Cost Unrealized g/l:

ebay 31.90 -2.4
expe 14.99 -.75
mrvl 50.7 -0
rimm 70.60 -1.4
vlo 61.66 -2.4
tso 66.11 -1.50
sun 69.88 -3.2