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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: excardog who wrote (1179)5/15/2001 10:40:54 AM
From: chowder  Read Replies (2) of 206131
 
Cardog! Put me down for 114.

I think next week is where we'll start seeing a pullback in the energy sector.

Earnings will be out of the way, Bush's energy policy will be out of the way, injections will continue to build and analysts will start talking about high valuations.

As I did last week, I'll be willing to play it either way; up or down.

I'm seeing more and more analyst's reports coming out with comments about their concern for increasing inventories and predicting the price of NG to come down.

I don't think it'll matter in the long run, but I'd like to take advantage of the short term fluctuations, should they arise.

We're seeing some runups in the companies viewed as possible takeover candidates, specifically the Rocky Mountain companies. I would suspect some of these will fall sharply if the sector shows weakness in the near term and we don't see any further mergers.

Just thinking aloud, trying to formulate some plans, just in case.........

dabum
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