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


To: sportsman who wrote (6441)2/4/2002 11:41:15 AM
From: Archie Meeties  Respond to of 206228
 
Sportsman, I suppose one question is; are slightly larger than expected ng withdrawals enough to fuel an osx rally, even if a ng price capable of generating new oil service activity is still quarters away? I think we stay range bound for a while trying to answer that question - and I think the answer is no.

These are trading waters for me. I no longer think there's much money on the short side of the osx. But the xng still needs to drop another 15-20% for me to fully cover and/or turn long.

We'll get an interesting set of API's, NG numbers this week.