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

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To: GaAs52 who wrote (50189)	9/29/2005 5:21:51 AM
From: GREENLAW4-7	Read Replies (1) of 206189

The ENERGY MANIPULATION continues in full gear! The reason for the buids and the drop in demand for Gas is simple its priced to destroy demand. This was taking place in August but is just now showing up in the reports. These PIT TRADERS who coninue to play the media game will eventually get what they are ignoring, prices are not being supported by current market fundamentals. The difference now is instead of lets say 100,000 contracts on the futs, you now have 6-10X that amount. It does not take much to have a squeeze or a dollar of 2 move in any product. Regarding oil, it has been getting weaker lately and was on verge of breaking key support at 63 level. The Pit Bosses know they have to keep the LIE going and I believe they will do this until these inventory reports continue to show that Demand is being destroyed for the complete energy complex. OSX had no fndamental reason to go up yesterday, and either did Nat Gas. Tell me how that EIA report effected Nat gas Contract? The report came out at 6am eastern, Nat Gas did not start moving until AFTER THE EIA/DOE BEARISH data was released. I will continue to say this is an an supported market at current leves and is unsustainable going forward. Reagarding Demand destruction of Nat gas give me a break!! I know about 6 people in my neighborhood who are putting wood stoves in their homes because they have Nat Gas. It does not take much to slow that demand but I cannot discount a cold winter. That being said, we are still in September and I would expect these stocks and products will correct and hard in a matter of time. I am concentrating on OIL stocks, but with the current moes in the likes of NGAS, CHK I am starting to put togeather a list of NG short canidates. Regarding Camer's pump on TODCO, they have antiquated rigs that are mostly built in 70's and early 80's. It was a spin off from RIG earlier this year. There is a reason they only have 55% of their rigs contracted currently. I doubt these RIGS would ever go anywhere other then S. America or GOM IMHO. The funny thing about his call of TODCO is moved from 33 straight up to 41 area since monday and there was heavy buying with no news. WAS THAT CRAMER'S BOYS FRONT RUNNING BEFORE HE RECOMMENDS IT ON WENDSDAYS SHOW? Not like Cramer would never use his MOUTH to help others in the know? LOL That stock looks to be the best short of all the GOM stocks and after it recent move I will take that trade in coming days if not today!

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