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

To: rocklobster who wrote (2770)	7/12/2001 2:30:08 PM
From: Second_Titan	Respond to of 206184

Lets see if we compare to July 98 crude oil was selling for 50% of todays prices and NG was selling for about 50% as well. WW Rig counts were down 700 from today's counts. Seems the market has one to many hypes over the last few years. Tech mania and then energy starting with heating oil/crude oil, then NG , then electricity , then gasoline and now it seems nothing to hype. Once the hype is gone it seems there is no reason to keep money here with NG $>3 and WTI >$25. Seems the OSX is now a leading indicator for NG & WTI prices.