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Politics : High Tolerance Plasticity

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To: Second_Titan who wrote (10193)11/2/2001 2:58:00 PM
From: jim_p  Read Replies (2) of 23153
 
Que,

If the first 1/2 of winter is below normal, we should see NG prices back in the low 2's.

Oil broke the $20.00 barrier today and most likely will be lower before higher.

I still wish I would have stuck to my plan and loaded up when the OSX broke 60, but the risk reward for the OSX over the next 2 months is still on the side of the shorts.

Looks like the OSX has broken down for now and is in a downward trend. A 50% retrace will be around OSX 74. I still feel we have a reasonable chance to retest the OSX lows before year end, and if we do I won't blow it this time.

Jim
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