Refiner Stocks

Anonymous asks regarding my post about trading, "Are you suggesting it's time to go long on TSO, VLO, SUN, WNR ???"

I'm not taking a position on the refining stocks. If gasoline is underpriced relative to oil, it could just as easily mean that oil is due to correct.

What I did like was the suggestion that "as investors and speculators we must strive for total neutrality on all prices. We shouldn’t care one bit if a price is likely to rise or fall. Instead of wasting effort fretting, all our energy should go into figuring out how to game the trend for profits."

I would go one step further and say that I like to be able to open up the newspaper every day and see headlines that vindicate my trading ideas.

My energy stock positions are primarily: long natural gas trusts and drilling stocks.