Strictly: Drilling and oil-field services Message Board

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

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To: Frank who wrote (85781)	1/31/2001 3:17:53 PM
From: ItsAllCyclical	Read Replies (2) of 95453

Frank, let them sell NG off. It'll just increase usage in the weeks ahead. I don't see EEE being affected one way or the other. Nobody is going to buy based up $6 NG. But they will take note that the price may stay above $3-4 for much longer than expected. Bloomberg article on CA saying problems could get worse this summer. quote.bloomberg.com CA is too big a % of our economy not to drag us down. Techs should at least double bottom if not make new lows before 2001 is over. (It would fit the Nikkei chart pattern as well).

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