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Gold/Mining/Energy : Big Dog's Boom Boom Room
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From: Frank8/15/2006 4:16:13 PM
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The cooler temps in NE and MW ain't all that cold but have had psychological impact. Only numbers that mean anything come out at 10:30 next two days. CPC still looks like we have heat in good places although Bastardi not bullish. Saw Lehman say if we end at +267 YOY NG "perhaps" drops to less than 6. I doubt it. I wish NG would have dropped to 4.00 before the heatwave but no such luck. Now people are seeing 250 bcf as a "surplus"--- geez-- last I heard we had 300 million people in this Nation. 250 is less than a drop in the bucket. The chances to make a lot of money increase with every decline in NG prices. All we need is normal weather to make this all even out by Thanksgiving-- then the music will start. A cool October more than does the trick--Frank
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