RE:FWIW Schacter Likes ItThis was his advice to his Energy Letter group on Jan 6 The S&P/TSX Energy Index currently trades at 173. Oil stocks are more vulnerable than natural gas stocks when winter ends and the crude bubble bursts. Energy companies with over-leveraged balance sheets should feel the most downside risk. The S&P Energy Bullish Percent Index today is at 95.24% or in SELL territory.