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

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To: quehubo who wrote (26771)	11/1/2003 8:23:33 AM
From: GREENLAW4-7	Read Replies (1) of 206223

TIME TO FESS UP! About the time of the first of the year and then into the spring I made a clear and consise prediction that NG would replenish itself and would do so at a pace that would beat 01. As of this weeks revision on the NG supply, its apparent we are indeed OVERSTOCKING the product. In the mean time the pit traders are still holding price up above 4.25, but for how long? If Crude continues to build as it has ( larger then year ago) that phrase of FUEL SWITCHING will dominate much of the cold fall nights in the pits. I am DUMBFOUNDED to still hear from many on this board how they can even remotely say any of the current data is BULLISH? NOTHING currently is bullish at all. I have watched the osx froma far over the last 2 months hoping that the theory of supply shortages might prove me wrong. I even went as far as covering some long term shorts about 6 weeks ago. My plan was to get long when I was proven wrong. Presently even according to ROBRY, things are not at all looking up in the patch. I look at the bounce off of break down as the usuall in the patch, but wonder if we are seriously on the verge of BREAKDOWN in these stocks? I want to be as clear as I can, I am not BEARISH or BULLISH I am only reading the teas leaves and they are quite negative and looking out getting worse. I would love for someone to take the time to tell me how OVERDRILLING and DEMAND DESTRUCTION in NG will just turn on a dime once the cold really comes? I am starting to think $4.00 NG days are NUMBERED! Good luck my friends, and for the record if that revision didn't show its ugly head I would have been long thursday in the OSX. ONE SCARED OSX TRADER

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