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: t2 who wrote (73192)	10/12/2006 12:41:32 PM
From: diana g	Read Replies (1) \| Respond to of 206281

Re Pickens Interview --- I did see the whole interview. (I recorded the whole program and watched a few hours later so I could skip over commercials etc.) My perception of Pickens was very different than yours. I saw no desperation, and his explanations of the various factors influencing the oil market were forthright and rational, in my opinion. I suppose that we all see things differently, depending on our own points of view. For instance-- That old hussy Becky Quick was grinning at Boone shamelessly with a come-hither look in her eye all through the program, but I'd bet you didn't notice that, eh? ---Seriously, I doubt very much that Pickens is feeling 'desperate'. And I haven't noticed that he is doing more interviews these days. I could be wrong about that of course. I just don't remember seeing him more recently that last year. Anyway, what would be the point? The price of oil isn't set on these programs. Some loud-mouth like Crammer might be able to move the price of an equity a few percent temporarily, but oil is too big for any talking-head on TV to have a penny's worth of influence. regards, diana

To: t2 who wrote (73192)	10/12/2006 1:50:22 PM
From: James W. Riley	Respond to of 206281

Humbleone: "Good people can be long energy and hope for something to support their position..." That's where I've been most of the year and I'm still holding with hope for the winter.

To: t2 who wrote (73192)	10/12/2006 11:00:06 PM
From: B Tate	Respond to of 206281

Humbleone I saw the entire CNBC segment with Pickens. He was asked point blank on two different occasions whether his view on increasing oil pricing was an effort to boost his own portfolio. Both Becky and Joe asked the direct questions. His responses were straight forward, "yes of course I would like to see higher prices, but, do you think I can really move the market by myself?". I agree with diana, he is a straight shooter. BTW I also saw his interview on Bloomberg about an hour later the same day. Same scenario, no quibling re. his own holdings. Interestingly I wondered why he hit two shows within hours of each other. Maybe he was 'in town' for the day. I believe his most telling comments had to do with NG this winter. "If we have a real winter we'll see NG at $10, if it is like this past year it will be $6". Not sure why, but my sense from both interviews is that he has closed his short positions in NG. rgds bt