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

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To: Frank who wrote (76688)12/21/2006 7:58:19 PM
From: quehubo  Read Replies (2) of 206304
 
Nuclear plant outages played a big part in consuming "excess" ng since October. Nuke capacity returned within seasonal norms recently. This may have some impact going forward on demand.

See today's EIA electric flash.

Europe's storage is reportedly full and LNG is being turned away to head to the USA.

Demand during the next two weeks will be interesting.

Demand so far has been quite strong relative to weather. This is very bullish and I cant explain it.

I expect very bearish weather through mid January. Maybe we get a brutal February. Added a little BTU today to round up to 20% long.

With heat forecasted into January, if we do not see some decent forecasts during the first week of heat in January I expect some serious bloodshed.
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