Showing posts with label $OILPRD. Show all posts
Showing posts with label $OILPRD. Show all posts

Wednesday, April 18, 2007

Oil and Gas Operations

Hey Gang:

Just a quick FYI...there seems to be a incoming tide into Oil and Gas Operations ($OILPRD) as there has been a heavy flow of institutional money into the sector recently. Here is a quick snapshot of the Big Chart on VLO.

The sector was at a low of "0" back on 2/2, but now it is at "86." That is a sector rotation if I ever saw one. Perhaps with summer driving season coming up, they are looking at the refiners like VLO, TSO and company?

Happy Trading!