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To: SliderOnTheBlack who wrote (81834)12/15/2000 2:07:18 PM
From: Tommaso  Read Replies (2) | Respond to of 95453
 
No, if you do the arithmetic, it looks like the gas will run out.

One can buy companies that will make a lot of money with gas at $4.00 and remain profitable with it lower than that.

Oh well, this is like trying to tell the people who owned Lucent that it was overpriced at $100.

Shorting gas is a terrible idea.



To: SliderOnTheBlack who wrote (81834)12/15/2000 3:12:22 PM
From: deepenergyfella  Respond to of 95453
 
Interesting theory on NG puts,

can't say I completely agree but I do think the weather will be colder than avg. next 3 months. The only way I see that theory working is if NG prices overreact to ridiculous new highs and then come down to lower but still rediculous highs in Q2 of 2001 and you somehow time your entry and exit safely without getting caught in the middle.

I admit Im not a common put buyer but you have my peaked my curiousity.

So what are your entry and exit points with prices for NG put buying and specific symbols that you're betting on?

-def