Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (43170)	12/13/2003 7:48:24 AM
From: John Carragher	Read Replies (3) of 74559

"Analysts are expecting the volatility in the natural gas markets to continue next week. One analyst, Phil Flynn of the Alaron Trading Corporation in Chicago, predicted that the price of natural gas could climb as high as $13 per million B.T.U.'s this winter, or nearly double its current level, through a combination of speculative activity and concern over long-term supplies." $13 btu... is this guy smoking pot.? the article already said enough supplies and a lot of this is speculation and hedge funds. This could drop in a week, yes, no?

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