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

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To: excardog who wrote (35424)9/29/2004 8:28:50 PM
From: quehubo  Read Replies (1) of 206178
 
To be bearish the number tomorrow would have to be very high >85 or so IMO. I hope for OIH 78 but with the present oil and NG futures strips I give it a low probability.

More important will be the MMS report and the weather report. Otherwise the market is focused now on ng storage that wont be adequate for a normal Winter and ng supply in 2005 that will be much lower than 2004.

Then again many OSX plays are trading at strong multiples of 2005 earnings. WHo knows though panic has been known to set in a incredible bargains have been had by patient investors.
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