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To: BigBull who wrote (68321)6/16/2000 10:15:00 AM
From: Think4Yourself  Read Replies (2) | Respond to of 95453
 
Bull/anyone, what's your take on the OPEC meeting next weekend? With 7 of the 10 members pumping at capacity and unanimous approval needed for a rise in output, I can't see OPEC doing anything more than legitimizing the current cheating.



To: BigBull who wrote (68321)6/16/2000 11:49:00 AM
From: ItsAllCyclical  Read Replies (1) | Respond to of 95453
 
Nat. Gas broke the 4.50 mark. High of 4.58 today. Purely on trading basis the road to $5 has now been paved. A solid AGA or almost any bullish news will send it there imho.

CNBC showed the weather forecast for July across the country this morning. The forecast is...HOT.

$5 Nat gas should be another psychological level to send the XNG and E&P's into another breakout to the upside. 200 has provided resistance in the past. The next breakout is one that I would sell into (large/mid cap E&P's only), but I do see at least one more major breakout.