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

To: CommanderCricket who wrote (3921)	8/31/2001 4:59:16 PM
From: Sweet Ol	Respond to of 206326

Have you not heard that Citgo blew up their big crude still and the whole refinery will be down for many moons. Very tight gasoline supplies in the Chicago/MidWest markets. Bad enough that Williams is going to expand their products line to try to take advantage of the situation. The whole problem will go away when people swap their SUVs for Yugos so their car matches their portfolio performance<VBG>. Best to all, JRH

To: CommanderCricket who wrote (3921)	8/31/2001 5:01:16 PM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 206326

>> but missing the larger picture? << True to a point, but... 1) Things are likely to get worse in the economy (both US and abroad) before they get better. 2) OPEC is far more likely to cheat going forward since they have more and more excess capacity (they are already overproducing by 1 mil barrels over quota) 3) The fall is traditionally very weak for energy related issues 4) It's unlikely that NG prices have bottomed yet. 5) TA wise both the XNG and the OSX are vulnerable to more downside.