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

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From: energyplay	10/7/2004 5:39:27 AM
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I think we are seeing a melt-up , especially in energy. Looking at charts of E&P stocks we should see some more gap up moves as funds try to buy faster than the market will sell. If you are a fund manager who has been buying energy, you will beat the S&P for this quarter (and help your year long numbers) - if you have enough energy stocks.... Might be seeing a buying panic .... I bought some more out of the money calls on CHK, TMR, and ERF - just in case we do get a melt up...

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