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To: whitepine who wrote (65765)6/12/2006 2:11:50 PM
From: whitepine  Read Replies (3) | Respond to of 206093
 
CC,

what to own, if anything, remains problematic. At this point, like a few others, I am entirely MM.

wp



To: whitepine who wrote (65765)7/2/2006 7:21:26 AM
From: quehubo  Respond to of 206093
 
Yes ng equities may seem to be poor prospects now after a 30% rise from where you made similar comments a few weeks ago.

All this movement and the ng 12 month strip is more or less where it was on June 12 when you made similar comments.

Perhaps these equities are moving because some investors are willing to focus on the next four years instead of the next 4 months.

The weather will be warm this Summer is my bet, whether the GOM has 3 major strikes in 3 years remains to be seen. My bet is that NG will clear at $4.50 to $6, production may be scaled back and the bottom has already been put in on the NA NG leaders such as EOG CHK SWN DVN et al.

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