SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (34760)6/5/2003 10:49:06 PM
From: TobagoJack  Respond to of 74559
 
Yes, I did, and am still nervous, but calmer, and still buying, because THEY are still printing ;0)



To: Cogito Ergo Sum who wrote (34760)6/6/2003 2:03:42 AM
From: energyplay  Respond to of 74559
 
Weather - Looks like we get 3 more weeks of cool weather in North America, then it will go to a normal hot summer or a little above by July.

After 3 weeks of big storage builds due to coll weather, the Nymex NG prices might not weaken, but I expect some pull back in E&P stocks and Royalty trust stocks.

As we get deeper into July - August, builds will be much smaller - well under 90, maybe under 75...slope of the storage curve changes so it appears we won't get to even
2000 Bcf storage. Panic may start at this point.

As September happens and shoulder season starts, builds increase again. Panic decreases ?

See Robry's curves, previously posted.

Things to watch for -

Joe Bastardi changes his mind on the rest of the summer's weather.

Nuke plants stay shut down.

Hurricanes which may shut down gulf of Mexico Production.

Another smooth move from Canada ?

With Natural gas over $5.00, I'm getting nice checks from RTs and my E&Ps are drilling and paying off debt at the same time.