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Valero Energy Corporation Message Board

  • idpatton01 idpatton01 Aug 21, 2014 8:33 PM Flag

    Pay attention We are very close to a full market correction

    Its all about the earnings and the quality of the debt. We had a great opportunity to clear the debt we had before 2007 but we did not use the money wisley

    Debt quality is horrible and the ability to repay will prove to be the final nail in the coffin
    However, the lack of earnings or a drastic reduction in earning will accelerate those stocks that are debt ridden. Ultimatly the good companies will be thrown out with the bad companys

    Next level of support for the DOW will be 8700

    Get your minds right and get your head behind it it is going to happen very soon

    I wish all of you G/L

    You truly need to brace yourself

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55.21+0.78(+1.43%)Aug 23 4:01 PMEDT