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

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From: GREENLAW4-7	11/4/2006 2:36:06 PM
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OIL in relation to OSX... Looks like OSX is holding up extremely well considering the current price of oil. Also the surge in Nat Gas is also aonther amazing squeeze considering we went from 4.30 to 8.25 in 1 month. I don't here to many folks commenting on why NG has moved that much and or why OSX is not much lower? As so many folks here know fundamentals do matter and from where I sit I truely believe we are again reseting the bar. NG is within .10cents of its last high in early August, are we setting up for a retracemnet back to 4-5, and perhaps as retracement on the OSX back to a correlation with crude and the factor of a slowing economy factored in? I did not read 1 single post regarding that GDP # last week. If I were LONG which I am not, then I would absolutely study those 99, 00, and 01 charts. OSX is still dangerously too high, and I listened to no less then 5 CC's regarding OSX earnings and I tell you one shocking point-EXPENSES are out of whack!! I have never seen such expenses even when I compared the #;s to the cycles in 97, and 00-01. I do have some shorts mostly started on fridays surge. I am still waiting to figure out market up here. OSX in 11/03 was at 80 11/04 was at 115 11/05 was at 180 11/06 at 195 Now checkout price of oil and correlate those to OSX. Good luck friends!!

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