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


To: quehubo who wrote (23995)6/19/2003 7:04:37 PM
From: Archie Meeties  Respond to of 206321
 
Plenty of "bounce charts" out there good for further retracement. KEG, GW, RIG, GSF for example, continue to respect their 50dma. I like stocks that show some respect. -g-

If your heat waves materializes, then this reflexive bounce might just evolve into another successful test of support at osx 93 (established in mid may). If summer never comes, then the bounce is just a bit of relief until the selling continues.

I'm changing my thinking. I'm less concerned that last weeks injection was the beginning of a new bearish trend in ng supply. Instead of a supply surprise capping any bull possibility I'm back to making the summer weather dependent.



To: quehubo who wrote (23995)6/19/2003 7:41:41 PM
From: energyplay  Read Replies (1) | Respond to of 206321
 
Hi quehubo - first, we get two trailers before the movie starts -

Looking at next weeks highs for Washington DC
Sat 75 6/21 a cool day to start the week
Sun 81 also reasonabale
Mon 90
Tue 92
Wed 92
Thu 89
Fri 90
************new week******
Sat 89 6/28
Sun 87
Mon 82 cools back down ---
Tue 82
Wed 80
Thu 81

Newark, NJ
Sat 68 6/21
Sun 75
Mon 89
Tue 90
Wed 90
Thu 88
Fri 89

We miss the first two days of next week, and the week after that, it cools off a bit.

However, nuke power is still lower than last year.

I think next Monday everyone will realize it really is summer, and it's really hot.