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Gold/Mining/Energy : Big Dog's Boom Boom Room (Moderated)
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To: yoremonhoj who wrote (14)4/18/2005 10:39:19 PM
From: quehubo   of 89
 
You might want to take a close look at the front month ng contract and OSX over the last 7-8 years.

NG futures led OSX up and down over most all moves of significance.

Futuresource has a symbol for the 18 month WTI strip which IMO would be a better indication of future equity valuations than far ahead future contracts.

Added some PTEN on weakness today and covered my DRQ.

I am still hoping for OIH in the lower 80's. No sense hurrying though the next few weeks will reveal Q1 production and the present S/D balance at $7.
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