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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (88827)7/15/2009 10:27:03 PM
From: Larry S.  Read Replies (1) of 94695
 
Vi,

FWIW, earlier this week I was listening to Bloomberg in the car and Pickens was quoted as expecting the price of NG to sore along with oil. They then went to quotes of CEOs of NG companies who were attending some meeting. They were all of the opinion that we have excess supply and that it will hold the price below $5.00 through 2014.

Larry
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