lj: The weather has been ridiculously mild. Ngas prices are ridiculously low, and VTLE has pushed past $50 a barrel. VLO is also up crazily. This might be an opportunity to unload shares of VLO that I have owned for 25 years. But in the back of my mind, I'm thinking as long as the Fed keeps pumping liquidity into the system to delay the disaster until after the election, VLO might hit $200 a share. XOM has not gone crazy. It is up only a few dollars. What does that tell us? It tells me the next move is down.
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