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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Second_Titan who wrote (94031)	8/24/2001 4:19:00 PM
From: CommanderCricket	Read Replies (3) \| Respond to of 95453

Doesn't some of the implied demand numbers (Gasoline and HO) plus an uptick in the economy bode well for NG demand? If it wasn't for the slowing economy this year, we would have been hurting for supply. I'm a believer there hasn't been much supply added this year. When industrial demand starts to pick up again, I want to be back in energy. With signs of a recovering economy (my business is certainly picking up), I'm planning on jumping back in between now and fall. Have started a position in GLBL, BJS and KEG. If these and a few other drop further, I'll dollar cost average in. My plan is that by Q2, 2002 we'll be back in business. I don't see how we'll get back below $18 oil and that's enough to support a GLBL or BJS. KEG may have a difficult time if NG continues to drift downward. JMHO.