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

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To: Claude Cormier who wrote (19604)3/4/2003 9:31:37 AM
From: Sharp_End_Of_Drill  Read Replies (3) of 206286
 
Claude, every market is elastic - even natural gas. Reference all of Que's discussions about fuel switching, aluminum and fertilizer plant shutdowns, etc. Also, you've got to figure joe 6pack will cut back home heating after getting smacked with some 100% year over year rises.

This is the premier cyclical market, when things are bleakest buy, when they look the best sell. We can't discount the possibility energy companies have seen their high for this move, and will dump as we go into shoulder season. The main theme for now is we averted a crisis this winter. Next winter is off the radar screen for now, and may get overtaken by events if the market tanks before or during this summer.

Sharp
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