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

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To: Ed Ajootian who wrote (26730)	10/30/2003 6:26:15 PM
From: quehubo	Read Replies (1) of 206087

<<The market cares about how much gas is actually in storage and not a historical number of how much was used,>> This is not a true statement. The 55 bcfpd injection was inline with TDD that points to some healthy draws when cold weather arrives. What everyone wants to know now is what is production doing and at what price will demand return. What is driving the NG market now is weather forecasts that appears to be 10-20 d higher than normal across the NE for the next few weeks. I pinched my MVK and a little PTEN. My very strong gains earlier this year are being whittled away and I am thinking I will be lucky to exit with 15-20% gains about half of what I had. Whereas last year every opportunity to drive the NG bull did so, the last 7 months have provided every opportunity to chop the bull down.

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