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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (24852)	9/19/2006 9:18:20 AM
From: Grommit	Read Replies (4) of 78751

Energy -- I also made significant buys on the energy pullback. I joined you all on PTEN at $23. (I own RDC and GSF) Also bought more BTU, SU, VLO, HTE, PWE. crack spread link: futuresource.com2HU%29%20%2B%2842HO%29%20-%20%283CL%29%29/3&o=&a=W&z=610x300&d=medium&b=bar&st= you are way off base on the crack spread, which is ugly for the refiners. but VLO has a very nice presentation on their website. they claim the economic picture thru the decade is bullish for refiners. valero.com

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