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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who started this subject9/23/2004 4:00:28 AM
From: energyplay  Read Replies (1) of 74559
 
Due to surreal weather, North America looks set to swing from adequate but tight heating oil and natural gas supplies - with prices around $1.20 for heating oil and $5.00 for NG - to a much tighter sitution.

I have not verified this, but I saw a post that energy copanies coal,nuke, oil, gas, would make about 33% of the S&P profits in Q4. Still only about 17% of S&P valuation.

If we have a cold winter, upside could be almost as crazy as the weather...

I am considering triming my Ag Chem companies - AGU, GRA

and adding more North American NG E&Ps-

TMR, KCS

and North American Royalty trusts....we all have our favorites.

*************other itmes***********

SUNW (a tech company)up today, they might get close to making money this quarter !

RGLD (gold miner) also up.
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