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

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To: Big Dog who started this subject8/14/2001 10:41:23 PM
From: Meridian  Read Replies (1) of 206307
 
Gas on Gas competition - you all DO know that a "collapse" on that fateful day in late October/early November is already factored into the market? Your $2.00-$2.50 WAG's are most likely not going to translate into the crash you're hoping for. It has already happened. Witness NBR trading from $60 to $25. So all of you gas Bears have had your fun and hopefully profited on this - but don't expect some grande event in Oct/Nov. My point is that if you're waiting for the bottom to occur later this year, you're going to end up paying a higher price - buying when everyone else is buying. IMO the bottom is occurring now. Just food for thought.
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