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Message: Oil Stocks

,,uggghhhh,,I am not any kind of Nostradamus,,cant tell you where the market is going,,,,but why not hedge?,,,,,,,,,,,,,,,,,why not do calender spreads.,,,try bull call spreads if you think we are heading up,,look at XOM or BP as well,,as noted my SU straddle should give me $200 USD by this Friday as the near contract expires then,,,,,,,,,,,,,my juciest straddle is on JPM,,,,,,,,,it has a 60% hedge on it now with a max return of $600 USD within the week but more probably getting reset with a $500 USD return by next Friday......unless the market does another supper tanking move.....I will exit if things get ugly once again....I have spreads on Deere and XLF as well,,,with most sold contracts expiring this comng week............being naked only counts when at Hedonism my friend,,,,been there done that,,,,words to live by in the stock market!!,,hahhahaha,,jmo, :o)

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