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

To: profile_14 who wrote (24182)	6/28/2003 5:57:38 PM
From: t4texas	Respond to of 206338

a big plus for your drillers is cramer's comments about drillers and oil producers on his friday show. i watched a tape of kudlow and cramer, and cramer acted completely fed up with his integrated oil purchases as well as whatever drillers he had. he said something like "they all just go down." for me that's a sure sign to watch for some bottoming action sometime soon. what i want to see again are some emphatic greenlaw posts to get the timing about right.

To: profile_14 who wrote (24182)	6/29/2003 8:31:27 AM
From: Archie Meeties	Read Replies (2) \| Respond to of 206338

Do they stand a chance of getting more business at higher rates since they provide about 25% of the gas produced for consumption in the U.S.? Don't you think that $6 ng for the may-june period had a better chance of generating more business than the sub $5.5 prices we're likely to have in July-August? futures.tradingcharts.com I don't buy the premise that the drillers will do fine as long as gas stays above $4.50. OK maybe I buy it as far as revenue goes, but I can't buy it when it comes to the future direction of share prices.