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


To: Frank who wrote (45341)6/27/2005 10:40:44 PM
From: Sweet Ol  Read Replies (1) | Respond to of 206316
 
Hey Frank, remember Gambler's Ruin from your statistics class? Flipping 5 heads in a row, the odds are still 50/50 on the next one being a head. Go a little easy on the weather.

However, having said that, I agree with your conclusion and am 100% in energy, mostly gassers. If we ever have a significant dip I will buy more.

Best to all,

JRH

P.S. I am heavily into HGT and SJT because they have lots of gas and are just producing it, not spending any money on exploratory drilling. Their depletion is modest, much less than the price increases. Even though the operators take an exorbitant amount out for overhead, they are still a good be for pure NG plays.



To: Frank who wrote (45341)6/27/2005 11:53:17 PM
From: James W. Riley  Respond to of 206316
 
Frank, you forgot to add "TICK TOCK" to your post.



To: Frank who wrote (45341)6/28/2005 8:45:21 AM
From: onginvester  Read Replies (2) | Respond to of 206316
 
Frank, hurricane Ivan did alot to smooth out the effects of a cooler than normal summer last year, this fall (if summer is not at least normal) the comparisons get ugly again due to Ivan. Don't what the final effect for Ivan was but 150-250bcf and 20-30mil crude ought to be close.



To: Frank who wrote (45341)6/28/2005 12:20:12 PM
From: ChanceIs  Respond to of 206316
 
look (1) Spring 2004 was one of warmest on record, (2) summer 2004 --especially August one of cooler ones, (3) winter 2005 especially February one of warmest

Frank - I challenge you and the rest of the board to deny the correlation between sun spots and the recent weather. Check out this link, and go down to the second graph - "10 cm flux." Imagine there to be a one or two month time delay between the change in flux and the temperatures here on Terra Firma. Spring '04 warm...see the little upward blip for March '04. Summer '04 one of the coolest....see the downtrend in flux which only reversed in June. Winter '04-'05 warm...uptrend Sept-Nov.

I would be the first to admit that I am full of it on this. However, I would bet that the uptrend which began in April would have more to do with a hot summer than regression to the mean or flipping coins.

sec.noaa.gov