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

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To: jim_p who wrote (37085)	12/5/2004 7:25:58 PM
From: Ed Ajootian	Read Replies (1) of 206177

jim_p, Wow, $3 gas, we haven't seen too many calls for that recently. It seems just a few weeks ago that you were still fairly bullish about energy for the long term. Wondering what made you change your mind so soon. Also, what do you see happening to oil prices? If you don't see oil prices crashing down to the mid-20's, why is it gonna be different this time, vis-a-vis the normal relationship between natty and oil prices? If you see oil prices crashing down to the mid-20's, why is it gonna be different this time, in that OPEC will have failed to reign in production to a large enough degree in order to maintain oil prices within their stated price band (adjusted for the appreciation of the Euro vs. the dollar)? Could you offer up some tickers of stocks that, in your opinion, short-sales of which would stand to benefit the most in the scenario you have drawn?

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