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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?


To: E. Graphs who wrote (3520)7/1/2001 9:34:13 PM
From: Wolf 2  Read Replies (1) | Respond to of 4564
 
E!:

We're just coming out of a bit of a heat wave (for us)--mid-90's most of the past week then ka-boom down to the 60's today...marketlike, wouldn't you say?<gg>

Still hanging in with ERF--their divs are going to be pretty solid for the remainder of the year because roughly 60% of production both gas and oil is covered by a contract putting a floor (but no ceiling) on the prices. While that leaves a hefty portion of production subject to the vagaries of 'spot' pricing, I feel the blended prices will allow the dividends to come in very close to projections. As long as the yield stays north of 15%, I'll be content.

Did you see the nutty action in THDO on Friday? Lots of speculation as to the why--the 'accident' at the Naz in the afternoon, quarterend windowdressing...noone's prepared to forecast Monday's opening though. I may place a sell at around the Friday close just to see what happens...low expectations mean few disappointments...<gg>

BTW, if I haven't asked lately--CD, anyone???

Regards,
Wolf