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

To: CommanderCricket who wrote (78759)	1/25/2007 9:14:00 AM
From: elmatador	Read Replies (1) \| Respond to of 206316

A forecaster forecasts the weather. Now he extrapolates his role and forecasts Billion of Cubic Feet of gas? It's looking like the IT guys predicting the collapse of data infrastructure due to Y2K during the tech bubble. Or Gilder promising the digital Nirvana same epoch.

To: CommanderCricket who wrote (78759)	1/25/2007 9:16:21 AM
From: elmatador	Respond to of 206316

Bastardi caused a minor uproar around noon by predicting that the balance of the winter will be much colder than normal, contradicting the more widely held view that the current El Nino pattern will continue throughout the heating season. Whether or not you subscribe to Mr. Bastardi’s point of view, the forces driving Natural Gas are currently more technical than fundamental. Based on the recent activity on the chart as well as our proximity to several major supports, a lot of traders aren’t comfortable opening up large new short positions at these prices. February managed to settle above the 200 day moving average, though only barely. To really begin to feel bullish, we will need to see the market follow through with a higher close today and probably tomorrow, as well. It would also help if the oil markets could find a near-term bottom. This morning in ACCESS Natural Gas is down around $0.17, spragueenergy.com

To: CommanderCricket who wrote (78759)	1/25/2007 8:02:21 PM
From: quehubo	Respond to of 206316

I see another draw of -180 or so based on 220 GW HDD. This was a forecast, so the actual data may be higher. ftp://ftp.cpc.ncep.noaa.gov/htdocs/temp/wfheat.states