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

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To: Doc Bones who wrote (73169)	10/12/2006 8:20:26 AM
From: t2	Read Replies (3) of 206299

Back to T Boone Pickens. CNBC guest this morning made some comments about Pickens interview yesterday. He said is was telling. Pickens never thinks oil is too high. Pickens did not want BP to rush to get the pipeline going; and also thought people would like high prices so investment portfolios would look good. I read his fund is up 80% this year (forgot where); that means big time leverage being used. That could mean trouble for him if market smells blood like it did in natural gas (as i stated yesterday). Desperation, desperation, desperation. Leveraged longs look to be in big trouble, imho.

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