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Gold/Mining/Energy : Big Dog's Boom Boom Room
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From: Frank2/3/2005 8:58:09 PM
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robry was stung by this miss --you could hear it in his tone. We all were surprised given temperatures, electricity usage, coal problems and previous week. I think the most likely scenario is that last week was too high and they compensated this week. It is clear there are reporting problems and they ain't too smart at EIA. In all fairness, though, the as Matt Simmons has said for years our energy data are very poor for such an advanced country --just imagine, the mistake of a mere clerk last Thanksgiving cost hundreds of millions of dollars. We have put our fate in the hands of incompetents and/or crooks and we reap the results --despite all this foolishness I made money today and sold half of all my holdings into strength. --Frank
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