SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: CommanderCricket who wrote (57280)12/22/1999 5:29:00 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 95453
 
The range on the consensus for the AGA was between 80 to 110. I don't know the exact consensus. Some people had it as low as 45 according to a Yahoo news article this morning.

Last week's AGA #'s were really good and the response was muted. With virtually all of the big players being gone till monday and some till tues or wend I don't think you'll see much if any response from gas E&P's tomorrow.

Looks like NBL and HSE among others will retest lows. NG broke it's uptrend line today so I'm bearish again on gas plays until I see NG trade back above 2.50 ish.

Any weakness in balanced plays or oily plays based on NG weakness is a huge buying opportunity (OEI, PXD, VPI, APA).