I loaded up on some oil well services stocks yesterday on that steep pullback. I'm rolling out my red welcoming carpet for Gustav just like the well know filipino hospitality. Yes, we will let you in to our homes and let you eat our food even if we starve the next day.
I just hope that Gustav lives up to the expectation. And if not, i'll be giving up most of my gains on these positions and maybe some more.
Who names a hurricane Gustav anyway. They should give these hurricanes names like Balls of fire, Eye of death or the Master destroyer. Now, I don't wish anybody to get harm but I also like to make profit on these positions. What can I tell you? It's a tough business.
Now for Fockers pick, these two came out. Go figure.