Big Dog's Boom Boom Room Message Board

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

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To: Big Dog who started this subject	10/15/2003 7:31:46 PM
From: quehubo	Read Replies (1) of 206089

Never say never in the patch because even now I am again amazed. The 18 month NG strip is well clear of $5, production is declining rapidly still, the economy is improving, the crude futures strip is over $25 for years to come and land drilling activity is still very strong at peak levels and showing no sign of dropping. Winter weather forecasts are looking for a colder than normal Winter and E&P's are chock full of cash for drilling. I certainly seem to be making every attempt to give gains back one lash at a time. I unloaded some KEG NR WFT NBR today raising some cash and clear of margin. After today's action I would not be surprised to see OSX 78-80 and I dont expect a draw from NG storage for a 3-4 weeks. Weather still looking very bullish. futuresource.com

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