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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: excardog who wrote (26467)10/18/2003 3:27:25 PM
From: quehubo  Read Replies (1) of 206085
 
One of the reasons I have been reluctant to try and trade more of my holdings during this shoulder season has been the pending pending bill.

So far I have been watching for numerous indicators some of which have been positive and oher not:

1) Bullish. The direction of Private weather forecasts which as a whole seem to have been towards colder than normal,

2) Bullish. indications that Q3 production would be bullish when many were hoping for some sign of a production response,

3) Bullish. Further signs of economic recovery,

4) Not Bullish. No hurricanes hitting production in the GOM,

5)TBD still. An early start to HDD season. The forecasts all seem to continually indicate colder weather is 5-7 days away while delivering mild weather,

6) Bullish. Signs that E&P's will pick up activity in Q4.

And the weather forecast today? Bullish.

cpc.ncep.noaa.gov
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