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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Roebear who wrote (74525)9/25/2000 11:38:04 AM
From: Telemarker  Read Replies (2) | Respond to of 95453
 
Agreed, Roebear. Amidst all this excitement over crude supplies and prices, the spot natgas contract sits at $5.235 as I write. <g> Equities marketplace still seems unable to distinguish between oil and gas <gg>.

I think our great leaders have set yet another moral hazard trap by continuing to encourage our pattern of overconsumption. LT very bullish for this industry, as others have noted.

Regards,



To: Roebear who wrote (74525)9/25/2000 11:46:03 AM
From: isopatch  Read Replies (2) | Respond to of 95453
 
Roebear. Looking good in the 1st inning of the SPR gimmick game<G>.

Geez, was that alliteration or onomatopoeia? Got no clue<G>. Have to ask my lefty brother-in-law who is the serious poet of the family (and heavy weight editor of publications at the IMF in DC).

My guess is we bounce around here - sideways to slightly up - in NG plays. In fact, we go straight up here and it could bring on more frantic efforts to crush the market by Gore/Clinton. So I'm content to be mostly sideways till the election. Our day in the sun will come, that's for sure...

Any more thoughts on this winter Roebear? Know you've been busy with a lot of things recently. So whenever you have your forecast put together to your satisfaction, I know a lot of us are looking forward to reading it.

BTW, bot an initial position in PDG on Friday. Just hope I don't get hammered ST. LT precious metals plays looking better and better in both FA AND TA! Probably real fireworks by year end.

All, JMVVHO, of course, and based on nobody's DD and loose cannon analysis but my own.

AND as a disclaimer to the gold skeptics on the thread, I reserve the right to be wrong<G>. But let's give it some time and see...

Best

Isopatch