Western Refining, Inc. (WNR) is one of the refiners that I have been accumulating over the last few weeks. I have traded in and out of the these names (Tesoro (TSO), Valero Energy (VLO), Frontier Oil (FTO) and Sunoco (SUN)) a few times and I am taking advantage of the recent weakness to add further to my holdings.
I am keeping my emini S&P 500 futures short line because I am expecting further weakness in the sessions ahead. I have no bias for today`s session.
I will leave you with a Thomas Jefferson`s quote, "I'm a great believer in luck, and I find the harder I work the more I have of it." I feel the same way.
**Thomas Jefferson (April 13, 1743 – July 4, 1826) was the third President of the United States (1801–1809)
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