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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: t2 who wrote (73192)	10/12/2006 11:00:06 PM
From: B Tate	of 206266

Humbleone I saw the entire CNBC segment with Pickens. He was asked point blank on two different occasions whether his view on increasing oil pricing was an effort to boost his own portfolio. Both Becky and Joe asked the direct questions. His responses were straight forward, "yes of course I would like to see higher prices, but, do you think I can really move the market by myself?". I agree with diana, he is a straight shooter. BTW I also saw his interview on Bloomberg about an hour later the same day. Same scenario, no quibling re. his own holdings. Interestingly I wondered why he hit two shows within hours of each other. Maybe he was 'in town' for the day. I believe his most telling comments had to do with NG this winter. "If we have a real winter we'll see NG at $10, if it is like this past year it will be $6". Not sure why, but my sense from both interviews is that he has closed his short positions in NG. rgds bt

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