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

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To: pbd007 who wrote (80758)12/5/2000 9:48:40 AM
From: excardog  Read Replies (1) of 95453
 
pbd007

This is the second time margin requirements have been raised this year on gas I believe.

Would imagine they are attempting to get rid of the smaller speculators. Opinion?

Having traded some gas and oil futures eariler this summer I must tell you the profit potential is amazing on a day like yesterday but the losses are just as amazing in a down market such as oil has seen over the past few days. Some short selling of spring gas futures could be a good trade somewhere in here soon. Maybe. I will only watch since the market is very fast moving.
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