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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (50969)	6/16/2004 3:25:49 AM
From: energyplay	Read Replies (3) \| Respond to of 74559

Holding a big % trusts, and have bought a number of options on ERF, since I should have a chunk of cash showing up in the next two months and I want to lock in the price of ERF now. Unless the US weather turns much cooler suddenly, NG should be going over $7.00- $ 8.00 by September. I expect the price run up to start ant day in the next 3 weeks (may have started yesterday) and peak mid to late August. Oil is different, and maybe driven by events other than weather, like Venezuela, Middle East, China slowdown, etc.