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

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To: jim_p who wrote (37085)12/4/2004 11:20:23 AM
From: Big Dog   of 206166
 
...and Jim. That's sortta the point. There does not exist any direct correlation between X or X+Y+Z and drilling activity. That is why I am thinking if some smart boys that really know how to do regression analysis were to be able to identify a basket of things to buy that would move inversely to drilling activity, it should be very useful to drillers and those interested in drilling...and maybe even exchange-tradable.

But just as a very crude (no pun intended) hedge, I can't figure why the drillers don't buy long-dated puts on oil/gas? After all...it's the price of oil (gas) stupid!!!

big
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