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

To: Tomas who wrote (20057)	3/11/2003 12:50:32 PM
From: Frank	Read Replies (2) \| Respond to of 206179

These guesses of 140+ are BS I think--these guys say 140 so when draw is 129--they can say "only" 129 or "draw was lower than estimates"--I hope there is a Hell---Frank

To: Tomas who wrote (20057)	3/11/2003 2:09:15 PM
From: Tommaso	Respond to of 206179

I think there must be a lot of short selling of natural gas futures, and that suits me fine. That's more dangerous, if it is happening, to the sellers than buying tech stocks on margin. All it will take is a dose of reality in the form of constant demand over the rapidly falling supply to bankrupt anyone who is short. And it's not like being short the precious metals, since gas in continually consumed--is made to be consumed. When prices spiked above $10 it made uncomfortable and I began to explore ways to buy puts on the futures. But the complacency about natural gas supplies that has reappeared make a longer-lasting crisis very likely. Or so it seems to me. Maybe there is a level of drilling going on that we are not aware of yet, which will show up in increased storage in a copuple of months.