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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Second_Titan who wrote (85527)1/28/2001 10:20:33 PM
From: isopatch  Read Replies (1) of 95453
 
Que-007. Maybe a few more buying ops 1st:

10 day out look shows cold temps continuing to retreat from the northern plains as we move from the map 1 to map 2. The 3rd map forecasts overall above average temps for the 10 day period in the key NG consuming states in the plains, mid-West and upper mid-West.

grads.iges.org

Not piling into NG E&Ps. Other than a moderately large position in takeover play EEE, my only recent buy is a small trading position in ESNJ that am willing to roll the dice on.

May nibble on something else if the group takes another hit next week. But pretty satisfied with how I've read the trend, protected my large gains since September of last year and added some worthwhile ST gains here and there since that time.

But for those more or less fully invested holdouts on the thread? Do think we could get one more arctic blast in Feb. If so, will be content to get a good piece of it. But won't be overly aggressive. Such a rally could end quite suddenly leaving many folks "holding the bag" in a big way. Anyway am expecting lower lows before we put in a good bottom formation (as I've been saying since early this month).

After that I don't know. Would like to see a real big rally begin in March or April. But will wait for the economy and the market to decide that and the tape to wisper it in my ear before everybody else has already figured it out(G).

Best

Iso
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