I posted recently that unless Gustav makes a direct hit(bulls eye) on the Gulf rigs, that the oil and gas stocks would be awesome shorts. I had no idea they would start hammering them today though. DVN, APA,XTO and the oils, started getting creamed and are currently only slightly off their lows. If the storm heads east it will miss the rigs, if it stays west it could cause some big problems. It is still a few days away so anything can happen.
