Big Dog's Boom Boom Room Message Board

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

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To: chowder who wrote (3197)	7/28/2001 1:01:06 PM
From: excardog	Read Replies (1) of 206098

Dabum , Jim convinced me to sell PENG (see I listen sometimes) Now this could be considered a bad omen since normally after I sell most stocks continue upward. However I'm thinking of shorting some gas names maybe even PENG but will wait for earnings season to end and keeping a close eye on the AGA. If the injection numbers stay high into late August I'll hop on board short, if not these stocks could continue to rally IMO. Economy is the wild card but at this point it doesn't appear to be very pretty. All subject to change of course. Ironicly and someone correct me if I'm wrong here but in 87 just prior to the October crash UAL was taking someone over or being taken over and the deal fell through. Soon after the market did a swan dive. Not sure the present day situation has any bearing but I tend to look for similarities at least historically and then try to put the puzzle together. Probably means nothing really but the announcement of the failed merger between UAL and US Air struck a cord somewhere. Best of luck to all. Scott

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