Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: GREENLAW4-7 who wrote (39169)	2/12/2005 2:37:49 PM
From: Bearcatbob	Respond to of 206223

why not just trade the 50 dma?

To: GREENLAW4-7 who wrote (39169)	2/12/2005 3:23:32 PM
From: xxreno	Respond to of 206223

I don't own the OSX. I don't own the XNG. I don't much care what NG does as long as it stays within a range of 25% of where it is now. But I do own a whole lot of EOG, PTEN, and NOI. They are all up a lot. But if you start looking at the numbers, they do not appear to be done just yet. I would suggest that if you were an owner of most of the energy based stocks right now who spent a good deal of time looking at the stocks you owned in detail, you might come to similar conclusions about most of them. The stocks make the index, not the other way around, and the individual owners and buyers seem to think the same way that I do. Of course, institutionalized investors move the market up or down on a daily basis, and traders profit or lose money based on those movements. But the trend still seems to be up to me. I have a similar view of storage. It is 20% or more too small. Individual NG users to the greatest extent decide what is in storage season by season. As a group the can do nothing about the size of storage. But as individual companies they can. They just adjust their minimum storage number up 20% and try to fill for next season as soon as possible. That way storage 'looks' full and they can buy it cheaper. Late comers best pray for favorable weather. I enjoy reading your posts GREENLAW, but I am more comfortable when you are being the Bear. The board needs someone to balance Frank and Que <g>. xxreno