JL I'm a speculation buyer; at least that is for the moment. I'm intending to attempt to play the peaks and dips for now, but eventually I will be very long. Unfortunately for me, a 15-minute hesitation this morning cost me a couple a grand. Fortunately, getting out when I did has seemed to have saved me a few more. When the market falls some more, which seems to be the general consensus, I will be back in. The idea is to be able to make my dollars work for me to get a bigger stake as an end result.
The way I see things is this. 1) There is a tremendous amount of gas. 2) There will be problems along the way. Simple as that. The longs will make it, and the spec buyers, well if they are right on their hunches, will make out too.
The single most important thing is that anyone finding out any smattering of news, good bad or indifferent, please post it. I feel that I am in the debt of the one the posted the bit on the steam. If that had not occurred, I would have simply been staring at my ticker, watching my dollars slowly dwindle away.
Now for a tech question: Suppose water exists in the actual well cavity. How does that effect a find, and couldn't it just be filtered out? Wouldn't it have showed at the get go? I know that there are high temps and extreme pressures, so what if our well is in a little "hot water"? (couldn't resist it, sorry) Russ |