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.

Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (88977)	8/19/2007 2:00:05 PM
From: Davy Crockett	Read Replies (2) \| Respond to of 313061

index chart of the week - looks like Niagara Falls

To: koan who wrote (88977)	8/19/2007 2:32:57 PM
From: Rocket Red	Read Replies (1) \| Respond to of 313061

look at the USA rig count they have not stopped drilling ng wells.In Canada lots of ng rigs are sitting idle because ng storage in USA is full along with price plunge

To: koan who wrote (88977)	8/19/2007 9:24:01 PM
From: Cogito Ergo Sum	Respond to of 313061

koan... you are not reading the Boom Boom Room. Red is not saying NG is not going to be good.. It's just not great right now. Everything is working against it. Period. Someday the decline will come home to roost... A hurricane 'might' give a pop to sell into ... Every hurricane that 'misses' has the opposite effect... It actually mitigates the need for more NG. Like Red said, maybe a trade.. but the stars (fundamentals) are simply not aligning in your favour... We have too much inventory and too much LNG coming in. Remember last year GW was supposed to cause a MONSTER hurricane season... never happened. We are half way through this years season... and so far Dean looks like a miss so far, thankfully for those southerners. I've been wrong before.. and will be again though.. IMO better to look at it as a nice time to start shopping for NG stocks with a longer time frame ...