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

To: Crimson Ghost who wrote (28566)	12/29/2003 6:42:59 PM
From: Michael P. Michaud	Read Replies (2) \| Respond to of 206093

could you please fill us in on which osx companies service asian oil e & p's. i just sold my fidelity select energy service, as i could only find one in the top 10 that listed asia in % sales. thanks, mike

To: Crimson Ghost who wrote (28566)	12/29/2003 6:53:38 PM
From: quehubo	Read Replies (1) \| Respond to of 206093

Fillmore - I do not believe oil prices will be any higher in 2004 unless there is a major interruption like Venezuela collapses hard or Saudia Arabia gets is export facilities attacked. There is more than enough oil production capabilities to meet all of the worlds needs with a decent margin. I think NG prices will be $5 and oil prices $28 WTI or so. I imagine certain E&P's will do well from here. My play has always been the NA NG play. My guess is that if we end the heating season at ~1,200 bcf NG will still be rationed at $5 but less drilling will occur than if we arrive 400-500 bcf less. There are allot of big players with substantial profits on the table. When the bring in the New Year in their shorts in Time Square in the middle of a 3-4 week heat wave they wont be thinking about waiting to see what happens in February.

To: Crimson Ghost who wrote (28566)	12/30/2003 8:10:35 AM
From: russwinter	Respond to of 206093

Here's a terrific explanation of the fundamental story: messages.yahoo.com And for those who are interested, my current sentiment on these stocks: finance.messages.yahoo.com The big hedge funds appear to have piled into crude oil of late, as large specs on the COT are long 92,894 contracts (with options). Interestingly they are still short 23,596 nat gas, so there may still be some mileage left. Tough call right now. commitmentsoftraders.com