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

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To: energyplay who wrote (3730)8/22/2001 8:49:52 PM
From: Think4Yourself  Read Replies (1) of 206321
 
I don't think we'll have to wait for storage to fill up. Remember the oil situation a few years back when stocks were hefty? Oil refiners did a pick and choose strategy to get the best price because they had ample stocks and knew there was way too much oil on the market. Same thing is likely to happen with NG.

NG prices are going to tank, and tank soon. I am NOT buying back in too early again this time, nor am I covering my energy shorts too early. Learned a painful lesson last time. Wait till you see the whites of their eyes!

Hope none of the regulars here are long NG producers right now, unless that producer has a captive market or all their production hedged. It's about to get real ugly.
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