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To: Ed Ajootian who wrote (26734)10/30/2003 8:07:38 PM
From: Bearcatbob  Read Replies (1) | Respond to of 206087
 
Ed, TMR - does it not simply depend on drilling success this winter? Show time is coming? I hope they dance well.

Bob



To: Ed Ajootian who wrote (26734)10/30/2003 8:40:56 PM
From: quehubo  Read Replies (1) | Respond to of 206087
 
I have looked at present production data to appreciate a vicious production decline this quarter.

I am not much worried about NG supply, I think prices may need to be a bit lower to clear some supply, but oil is getting me spooked.

With Iraq limping along with Nigeria and VZ there certainly has been little trouble getting storage filled plus SPR additions.

I was hoping for a good 100+ HDD period this coming week to reveal how supply acts. If this OSX level does not hold we may have several weeks of blood in the streets or until a good draw or 2 arrives.



To: Ed Ajootian who wrote (26734)10/31/2003 8:37:29 AM
From: chowder  Read Replies (2) | Respond to of 206087
 
>>> Bought some TMR today at just under $4. Maybe its my imagination but it looks like it may have bottomed. <<<

You may be right but still too early to say. The weekly chart set a lower high and a lower low this week and as long as we're setting lower lows, we haven't seen a bottom.

The MACD is a trend indicator and it's still heading down. The CMF indicator measures money flows and it's now turning negative.

Again, it could be bottoming here but, it's still too early to say. We'd need to see a higher high and a higher low via the price next week, to garner some attention.

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