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


To: energyplay who wrote (28583)12/30/2003 6:16:12 AM
From: quehubo  Read Replies (2) | Respond to of 206097
 
EP - You know very well sentiment can change dramatically overnight. The only reason OSX plays moved was because of 4 very strong draws.

What needs to be considered is just what a heating season end at 1,200 vs 800 may mean for equities. If the weather remains warm it wont be only gas inventories that will be high.

Anyway I think oil and gas prices will stay above $28 WTI and $5.

Now I see the Accu weather forecasts have again very bullish overnight.

My view is that the tech stocks are well over priced as well, so I am also expecting some selling in January.