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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Frank who wrote (849)	4/30/2001 4:36:09 PM
From: excardog	Respond to of 206089

Regarding oil and gas futures we've always got to keep an eye on the weather. Looks positive to me: Gws US Weather Update: Cold Air to Set Off Central Area Storms Apr. 30-MAR-- By Drew Lerner Kansas City, April 30 (BridgeNews Global Weather Services) - A surge of cold air migrating through the Pacific Northwest Tuesday will drop through the northern half of the Great Plains and upper Mississippi River Basin late Tuesday and Wednesday, inducing a new round of thunderstorms. Some of the rain may be locally heavy, which could improve rain totals in the heart of the Midwest. Meanwhile, the cooler air will lower temperatures and help conserve soil moisture. Florida will be excessively wet the next couple of days with flooding rains possible. * * * A surge of cool air expected to pass through the northern Plains Tuesday will become a nice trigger mechanism for showers and thunderstorms from the central Plains to the Great Lakes region late Tuesday. The line of storms will settle into the Ohio River Basin Wednesday and Thursday, helping to improve soil moisture -- at least temporarily. Rainfall will vary from 0.25 to 0.75 inch initially with a few locations to possibly receive more than 1.00. The greatest rainfall is expected from eastern Kansas to Michigan Tuesday night and in the Ohio River Valley Wednesday. Rain also will fall heavily in Florida the next few days. Rain amounts of 2.00 to 4.00 inches will occur in the south half of the peninsula with a few locations to possibly receive up to 6.00. Other showers of much lighter intensity will occur in the northeastern states the next couple of days with a trace to 0.35 inch of rain resulting. Rain and snow were reported in most of the Pacific Northwest at midday Monday. The precipitation was associated with the new surge of cold that will move across the northern Plains and Midwest later this week. The precipitation may change briefly to wet snow before ending. Snowfall of 3 to 7 inches will occur in the northern Rocky Mountain region Monday night and Tuesday while accumulations in the Columbia River Basin varying up to a quick inch or 2.00 overnight. Most of the lower elevated snowfall will accumulate in grassy areas only. Snow may also fall in the northwestern Great Plains Tuesday, but accumulations will be restricted to portions of central Montana and the western Dakotas late Tuesday or early Wednesday. Low temperatures Tuesday will be above freezing in nearly all of the nation, but some readings in the upper 20s and lower 30s will affect the northern Great Basin, Columbia River Valley and northern Rocky Mountain region. Lows in the 30s will also occur in Montana. In contrast, lows in the 60s will affect the southern Plains and Florida while the 40s and 50s occur in most other areas. High temperatures Tuesday will be in the 80s across most of the Midwest and central Plains. Highs in the 70s and 80s will affect most of the Atlantic Coast and central Gulf of Mexico coast states while highs in the northern Plains and Pacific Northwest will be in the 40s and 50s. The nation's hottest weather will impact the southwestern desert region where highs in the 90s to over 100 degrees are anticipated. Temperatures may be as much as 20 degrees cooler in the central Plains and northern Midwest Wednesday as the previously mentioned cooler air spills south from the Pacific Northwest and northern Plains. Very warm to hot weather will prevail in the eastern and southern states. (1 inch-25.4 millimeters; Fahrenheit-Celsius times 1.8 plus 32) End Copyright 2001 Bridge Information Systems Inc. All rights reserved. The bridge.com ID for this story is BRKCZBZ

To: Frank who wrote (849)	4/30/2001 4:54:19 PM
From: chowder	Respond to of 206089

Hi Frank! People like Einhorn don't get paid to think. They get paid to react and to be creative. Although the SPR is supposed to be paid back, we're dealing with the government. The government isn't opposed to extending the pay back period if the situation warrants. I'm not saying it will, I'm saying we need to be prepared for that. The government is more concerned with image than they are good business practices. I believe the energy sector will still be one of the best performing of the year, it's just that we'll have to keep taking a step or two back before we can take two or three forward. For the next month, I see a battle between the buyers and sellers. My mind is open though, so I'm not locked into that scenario. I'm going to let the charts and the tape talk to me. Anyone for a game of Ouija? dabum