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

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From: quehubo	2/26/2008 9:10:00 PM
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If the storage draw is weaker than a -165 than it will indicate a response to recent price increases. The last 5 reports had a very steady demand of about 1.625 bcf per gw hdd. The weather for the report this week was similar to the other weeks. The ratio of demand to gw hdd should weaken as the weather warms. The one trick is once the heating demand is gone we may have some healthy injections. Supply is relatively strong per EIA 914, robry confirms it. Where the demand came from is a little less clear. Present prices for ng will impact power generation. So I have some serious gains so far this year, and I plan on keeping an eye on the S/D balance. Either way we have a Raging NG Bull and it may run for quite a awhile.

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