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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ken W who wrote (28990)8/27/2002 5:06:30 AM
From: Ditchdigger  Read Replies (1) of 29382
 
You fellas should do well on DROOY...Interesting how the powers to be are using the Iraq war nervousness to spike oil/energy prices just prior to the Winter heating season..Many homeowners will be locking in Winter fuel prices at a much higher rate this year..This energy price increase isn't going to help in any economic recovery..Farmers almanac predicting a cold snowy Winter..might have to look into the NG E&P's again for a Winter play..who's hedged and who isn't? Could see an NG price spike again this year,,don't think we'll see $10, but might get back up to $5 or so on NG prices...worth watching. I haven't checked storage numbers lately, but will have to do some homework..;^)DD-still in cash
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