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

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To: James W. Riley who wrote (84629)	5/16/2007 5:44:44 PM
From: quehubo	Read Replies (1) of 206305

The market IMO appears to be moving on seasonal patterns earlier. I think we are close to a peak unless something worse than projected happens. We have another 4-6 100~ injection reports looming. The back end of June and July need to be hot. The oil side always seems to get so much hype about running dry with gasoline in the Summer and HO in the Winter. Robry pointing to stronger supply and injections are higher than normal. Lets see what the EIA production report reveals at the end of the month. Between now and then we have very low demand to see how much lands into storage. Sitting within 1% of ATH for the last several weeks, and scaling back positions. Past history has shown when I am feeling flush with gains for some time it is only a matter of time before the gains vanish at 5% a day clip. I want to see what the weather will bring, we need a brutal heat spell like last year to get more draws. A long hot Summer wont do the same, the market needs to drive peak energy demand to get some ng burned.

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