Hurricane Stocks

[Deewar25]

GFDL looking at a Texas/Louisiana landfall as a minimal cat3..most of the models now leaning towards Texas.

As there wasn't a huge runup this time around in the plays, I would anticipate a flat open, perhaps a bit of a drop, but I think Texas does take most of the plays out of the picture (and for those that have seen me posting, I am not about bashing them down, I just call the scenario I most likely see). There are a few plays worthwhile for a Texas hit, but only if cat 3 or higher...PHHM and STRL - maybe BUGS if you want to push your gambling luck - not as exciting, but at least realistic to actually get business from the storm, and realistic is what I'd rather play.

http://euler.atmos.colostate.edu/~vigh/guidance/northatlantic/track_early4.png

disclosure..sold wegi Friday for 18% this time, 82% during Gustav, IPII for 13%, 58% during Gustav...GV 18% during Gustav...