Que,
I suspect a lot of investors either held on to their oil stocks, or bought oil stocks today as a defensive measure.
Oil stocks might look pretty ugly tomorrow after a failed rally today. Both oil and NG down today, on top of OPEC's pledge to lower oil prices and a slower economy to factor into future oil and NG prices.
Still short NG stocks and going long tech stocks. Got filled today on ACTM, AVT, AMD, GLW, JNRP, INTC, EMS, EMC, LSI, ORCL, ONIS, TSM, NITE, MERX, BEAS, SEBL and VTSS.
Still have a few more to get, then I'm turning off the computer for a month.
Jim |
