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


To: kollmhn who wrote (2328)6/24/2001 2:21:05 PM
From: Second_Titan  Respond to of 206185
 
Yes thanks I read the PGO board and also noted they have a good deal of debt as well.

For some reason I have held onto 1/3 of my PGO position. But I am sure glad I unloaded my PGO Aug 10 calls at the recent peak and cut the rest when OSX 118 did not hold.

I sure hope we are good for a bounce at least to +120.

There are allot of variables into understanding the NG supply/demand situation. But with the quantity of rigs running it should not be a surprise if NG directed rigs fall and NG prices falls as well.

But I see only 20% of the RIGS NA running for the last year looking for oil. OECD inventory is not running away and OPEC has proven itself capable at least for the last +18 months.

Time will tell but I wont be following the patch down.