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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (2257)1/6/2007 1:33:21 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 20435
 
Too late.

Anyway, the Crude et al bounce could just be a bounce. From what I've read the overall forecast globally for the year is mild weather.

In any event I've been moving positions around anyway. I'm so overweighted in Commodity based plays it became necessary to re-balance.



To: tejek who wrote (2257)1/6/2007 3:49:02 PM
From: Patrick Slevin  Read Replies (3) | Respond to of 20435
 
80 golfers today out on the local links.

72 degrees last I checked and these guys are wearing shorts.

I'm in Northern New Jersey. Up at my house near the New York/Pennsy border, the second largest lake in New Jersey....which usually is frozen over by mid December.... is so calm and warm I actually thought about taking my boat out of storage.

Glad I didn't lock in my Heating Oil Contract with the trucking company. Although based on your forecast I should this week, just in case.

It's absolutely ridiculous. By the way, I did not dump the Oil & Gas play because of weather conditions, primarily. I'm just not certain it's the correct play at the moment. With weather the way it is perhaps it may be more prudent to invest in water plays or some such.

Anyway thanks for the forecast, seriously. Perhaps the wood stove insert I'm installing at the Lake house this week may actually get used. I still have most of a cord of wood from last year.....