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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: ChanceIs who wrote (85356)5/28/2007 10:58:38 AM
From: quehubo  Read Replies (1) of 206191
 
The injections have been strong and the weather bearish. The markets are betting on another hot Summer. Also all indications are that we will have hurricanes. Hurricanes can be bullish if they knock off production, but generally they reduce demand in key ng consuming areas along the gulf and south east.

I will let the weather begin to prove itself.

Also Robry data has some alarming production data that combined with the strong injections has me cautious. With Robry data and weather forecasts I expect to manage my exposure over the next 2 months.

One concern I have is the strong demand last year was tied to widespread extreme conditions. We could have a long drawn out hot Summer that does not force the peakers as much.
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