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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Joan Osland Graffius who wrote (4656)11/30/2001 10:45:16 AM
From: isopatch  Read Replies (2) | Respond to of 36161
 
Hi Joan. Exactly. ENE blast wave effects are huge

and still expanding outward across the globe. "Son of LTCM" is the label I'm sticking to. This is very big.

What about foreign banks involved in financing packages for their overseas operations? Enron has large operations in.....Uh oh.

Argentina!!

What about the massive hedging programs on the books of many key domestic NG producers, processors, other pipelines and gas utilities??!!

Frank gave us the heads up the other day on the LME closing because of Enrons positions, in of all things, COPPER. And we thought these guys were energy and electricity traders. Amazing!

And let's have an over and under pool for how many hours it'll be before we hear from Gray Davis and Hotel California.

"YOU CAN CHECK OUT...BUT YOU CAN NEVER LEAVE."<lol>

Thank God for "Middle America"!!

Best regards,

Isopatch



To: Joan Osland Graffius who wrote (4656)11/30/2001 10:52:29 AM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 36161
 
re: ["""January Henry Hub natural gas closed sharply lower for the second day in a row on Thursday pressured by panic selling by traders uncertain as to how the demise of U.S. energy giant Enron will effect the market. This week’s breakout below this fall’s decline and could lead to an eventual test of weekly support crossing at 1.76 later this year.""

Joan ]

...if Nat Gas tests $1.76 - the E&P's (and the OSX) have one helluva a fall coming.

Patience & dry powder...tic - toc'

GOLD - IT'S TIME HAS COME ~

...how much ya' got ?