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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 (24248)	7/1/2003 10:30:59 PM
From: Archie Meeties	Respond to of 206093

It sounds nice on paper, but the reality is that small amounts of oversupply (+ the perception of future oversupply) can translate into huge swings in the futures market. If the commodities market always accurately reflected the big (as in 2-3 year) picture then we wouldn't have $2 gas not too long ago. While there may be plenty of money (revenue) to be made at ng at $4, both e&p and os stocks will continue their recent bearishness if gas falls to $4 (which I see as likely). If you are a participant in the market, I'm afraid the only money to be made will be on the short side.