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

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To: Gottfried who wrote (4294)	9/18/2001 10:38:46 AM
From: ItsAllCyclical	Read Replies (1) of 206114

XNG finally breaking critical support at 198. askresearch.com Pull up a 3yr chart to see the massive H&S formation present. Still need to close below these levels and the volume on APA and others is extremely light so nothing is a given...yet. But, OPEC will be encouraged to keep prices near the lower end of their band. More and more OPEC members have extra capacity to cheat. Global slowdown will continue. And NG prices will have some very large builds in the next few weeks. And lastly we have decreased airline travel. Can't imagine the E&P's doing well unless Wallstreet sees them as the lesser of evils between other stocks/sectors.

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