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

To: jim_p who wrote (23800)6/15/2003 4:15:31 PM
From: quehubo  Read Replies (2) | Respond to of 206200
 
Why would the situation be different now than in year 2000 when gas was cheaper and more plentiful. That first correction from 112 to 100 was just around the time I started playing here in force.

When I see a 4 bcfpd excess supply at $5+ mbtu in July then your call will be correct and it will be to late to exit. Just the same I hope we see a panic induced OSX drop to 85 this Summer.

stockcharts.com[d,a]declyiay[d20000115,20001015][pb50!b200!d20,2!c20][vc60][iUb14!La5,7,19!Lc20!Lh14,3!Ld20!Lf]&pref=G



To: jim_p who wrote (23800)6/16/2003 8:22:55 AM
From: Ed Ajootian  Read Replies (1) | Respond to of 206200
 
There is a neat index that tracks 7 of the largest cap E&P stocks, see
finance.yahoo.com^GSPOILP&d=c&t=1y&l=on&z=b&q=l

As shown by the 1 year chart, it appears to this untrained eye that 140 is a key pivot point, and that should the index dip under that (heart be still) it is likely to slide another 7% down to the 130 range.


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