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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (65537)5/1/2000 11:11:00 AM
From: Think4Yourself  Read Replies (1) of 95453
 
NG now $3.185, well into the build season. Wonder what it will be in a few months when cooling power demand kicks in. Looks like the market DOES look forward at least a few months. Now that the traders have been flushed into mostly cash positions the funds appear to be buying even more agressively, at least according to Thomsons. Do you really think prices are going back down to your exit points? They are getting farther away every day. While the fundamentals are improving by the day a better reason for this might be that this industry is an inflation hedge.

Yes it's true that you can always buy the laggards. I want to buy the ones my research says are worth owning for the long run, not the leftovers that nobody wants.
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