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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Bob Biersack who wrote (25089)5/25/2004 11:02:14 PM
From: Marshall  Read Replies (1) | Respond to of 26752
 
Finally have the trip all documented so I can quit having to remember it - except for the high points. :-)

Half of TSO and VAL went into DVN today, we'll see.

After a lot of studying I still like Q for the short and mid-term as I feel it's a bargain at this price. It's always been a good carrier but the way they're expanding their services makes me proud to have bought some back about Christmas of '02 around $2. Granted I missed the big dip prior to then but I don't care, look for $5 easy before their next annual report.

Got confirmation today from the president of another natural gas company, my October puts at 5000 made a lot of sense to him because we're gaining in storage a bit more than anticipated. The June contracts close out Thursday and if the price closes lower than expected I may be taking a few contracts off the table. This is Tuesday night, tomorrow is Wednesday and these contracts are selling for $46. Just a thought.