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


To: t4texas who wrote (33389)7/6/2004 1:11:57 PM
From: excardog  Read Replies (1) | Respond to of 206094
 
My thinking is were range bound in here and unless OSX can break the trend line we look like a triple top on this move that started last December.

Things are better fundamentally at present then a year ago but most of the companies I follow service ,drilling and otherwise are trading at roughly 20 times 2005 numbers.

I agree if we break that trend line the sky's the limit.



To: t4texas who wrote (33389)7/6/2004 4:20:38 PM
From: Tomas  Read Replies (1) | Respond to of 206094
 
<<fred looper (aka leuffer) of bear stearns always looking for that $25 barrel>>

When did he raise his forecast??



To: t4texas who wrote (33389)7/6/2004 5:57:47 PM
From: quehubo  Read Replies (1) | Respond to of 206094
 
Well I am betting we bust through those down trend lines real soon.

Nice action today with commodities. I dont expect NG has seen its highs yet. We may be working towards #2 oil parity if injections warrant it over the next few weeks.

I hope everyone did not eat all their equity showtime popcorn before 10 am.



To: t4texas who wrote (33389)7/10/2004 7:26:39 AM
From: quehubo  Respond to of 206094
 
You posted this a few days ago and now we are probing the upper line there. If the weather holds I suspect we break through next week.

Otherwise if the weather does not improve we may see the market get a little anxious about NG spot prices and injections.

I suspect the patience of some investors wanting to play the NG Summer generation factor may be tested over the next week or two.

stockcharts.com[r,a]wacanyay[d20000106,20040709][pc10!c50][vc60][iub14][j33073231,y]&listNum=7