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

To: isopatch who wrote (24962)	1/7/2003 10:38:14 AM
From: Frank Pembleton	Read Replies (2) \| Respond to of 36161

Iso... believe it or not-- I was long in the ng sector up until my reappearance on SI. At the moment, it just isn't clear to me anymore -- I through my hands up in the air and decided to watch from the sidelines. I'm thinking I'll probably work my way back into this sector once the momentum indicators on my charts become more defined-- for now it's still too darned quiet here in Alberta for me to get bullish in any kind of fundamental way. My guess here is that the markets are anticipating twenty dollar crude-- $20/6= three-and-a-half dollar gas. Yeah, yeah I know-- my own silly simplistic way of looking at things. BTW, your last couple of posts on this sector were excellent. - - As for house shopping? I wish...I've got this old "Fight Club" style house in the downtown core of Edmonton and it's nickel and diming me to death. FWIW-- My plan after silver hits $150 an ounce is to buy a nice little villa in Aspen. <vbg> Regards, Frank P.