Update

{+++}Guys, we got hit on our oil and gas names as a result of the buyout of XTO by Exxon. We had a better chance of getting hit by lightening, but it happened, as a result the sector is up in sympathy.

My strategy is this, cover the XTO here, I believe the other names could pull back in over the next couple of weeks as they are up today on a massive knee jerk reaction.