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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 (24484)7/14/2003 4:35:45 PM
From: excardog  Respond to of 206092
 
OSX trading on the weekly numbers. If your still nimble there might be a scalp between the oil and gas figures.

Long pre API's out before the injection report. But if both are bad this week I would expect more selling pressure.

Personally I'm sidelined frozen in place for now.

Few trades here and there for good measure but not much exciting.

Looking forward to some CC's this week to get a handle on where we are at in the cycle.Personal feeling is refiners are a better parking place since "jsp" is starting to fire up the mini van now that the weather has turned better.

Cycle is not over IMO just the pause that refreshes. When PKD makes a run for someone it's time to head for the hills.

Nice MIR trade. Kudos

Scott



To: jim_p who wrote (24484)7/14/2003 9:35:56 PM
From: S Shaw  Read Replies (1) | Respond to of 206092
 
JimP:

Posted on the IPP thread:

quote.bloomberg.com

Mirant Files for Bankruptcy With $4.9 Billion in Debt on Power-Price Slump
Mirant Corp., an energy producer that operates power plants in 14 U.S. states, filed for bankruptcy after slumping power prices and higher costs left it unable to refinance $4.9 billion in bank and bond debt.

Scott



To: jim_p who wrote (24484)7/15/2003 12:06:08 AM
From: kodiak_bull  Read Replies (5) | Respond to of 206092
 
Just out of curiosity for this thread, when the 7/31 deadline rolls around, how many of you will be opting out?

Will you take over the RIG board, or perhaps some relative backwater of Yahoo, like TDW?

I just heard from my friend Dabum that you have heard and seen the last of him here on SI.

Sic transit gloria siliconinvestori.

Kb