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Politics : High Tolerance Plasticity

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To: Second_Titan who wrote (9409)10/12/2001 8:24:34 AM
From: jim_p  Read Replies (1) of 23153
 
Que,

The market is looking forward to a balanced supply of NG by spring, and oil prices to further decline.

OSX bottom yet?

Spot/cash NG prices should be soft for several months to come. Oil should fall below 18-20.00 sometime in the next 3-6 months.

Perception is for an ending NG down cycle and new up cycle to begin in 6 months, and an uncertain oil cycle.

Since the market looks out 6-9 months, hard to predict the OSX with spot prices for NG low and uncertain oil prices going into tax selling and the October witching?

Any predictions?

58 the low, or down to Doctor Doom's "KB" 45?

Jim
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