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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Frank who wrote (86506)2/6/2001 10:19:35 PM
From: Second_Titan  Read Replies (2) of 95453
 
C'mon Frank claiming to be a bull your setting yourself up to be chastised by the anti-permabull crowd.

I qualify my bullishness by saying that I have my core E&P holdings and think most of them are good for 50% gains from today. PRZ FST CRK etc. But it may not happen until next Winter. Of course with CSCO stumbling tonight, maybe E&Ps have another burst left in them.

Speaking of weather, the EIA weekly from yesterday does not reveal any real above normal weather conditions. Within +5 -5%, but we certainly had plenty of below normal conditions. So the mild spells are not offsetting the cold weather equally.

I am still on for 500 BCF in storage before refilling starts, with one more artic blast.

Any of you read O&G Journal? Nice annual write up on 2001 demand / production.
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