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


To: upanddown who wrote (76106)12/8/2006 3:53:04 PM
From: Frank  Respond to of 206281
 
John --good opinion and true. Weather play is tiresome and tiring as well. Right now I am intellectually exhausted --Frank



To: upanddown who wrote (76106)12/9/2006 1:21:43 AM
From: buckbldr  Respond to of 206281
 
>>>>One of the reasons I have backed off from the gassy stuff in recent years is I was tired of dealing with weather issues, winter and summer.<<<<

Got to agree with you there, John....trying to interpret, select, and arrive at an intellectual decision as to which and whether any weather forecast should be reliable does tax one's mind. I would add another hurdle to be cleared in this process, however....one must then attempt to read which one is most likely to be chosen by the market.

It seems the market moves are based upon which story the investor feels will be most likely selected by the rest of the investors, rather than whether the story is based on valid fundamentals, and therefore is the one which logically should be relied upon. I hope that by faithfully following a good message board such as our BBR I will be able to more accurately discern the direction the market as a whole will take in response to each and every market moving event.

As to the gassy sector being more difficult to play due to the vagaries of the weather, I wonder if trying to arrive at logical conclusions regarding the oily guys is not at least as difficult, considering so much seems to ride on the decisions of cabals of global politicians exerting their manipulative pressures to control/move prices and supply according to their own covert designs. At least one can restrict their DD on the gassy ones to the "local" NA NG scene, and I feel more confident at trying to call the weather than whether and what the next OPEC meeting is going to result in moving crude prices in which direction and how much. And where the next geopolitical upheaval is going to take place. Seems GASSY is the easier over OILY.

But neither is a "walk in the park" by any definition.

I'm still out of PTEN, OIH, and EOG....still holdng GW....am convinced that I will reload the first three just as soon as....well, one of these days - you guessed it - when the weather is right!<GGG>

Buck



To: upanddown who wrote (76106)12/10/2006 9:06:36 PM
From: Ed Ajootian  Respond to of 206281
 
JohnTC, I echo your sentiments exactly. It is very "American-centric" to view the E&P sector only in terms of North American natty prices.

As an example of a stock that has absolutely nothing to do with the above, check out my next post.