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 : Ensco International Inc. (ESV) -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (1378)	7/13/1998 10:39:00 PM
From: Hector	Read Replies (2) \| Respond to of 2005

Gottfried, Re: NOESIS The question to ask is what were they forecasting last fall? Regards, Dave

To: Gottfried who wrote (1378)	7/14/1998 5:11:00 PM
From: skibob	Read Replies (1) \| Respond to of 2005

GM, I checked out the posted link for the first time today. You may be able to look at past futures prices if you can find a site that maintains an archive. However, from past experience, I would say that your guess may be as good as theirs. All forecast are accurate until they become present. In other words, have they factored in any wars, or major disturbances (if they know of any in advance maybe they should tell the president) unscheduled refinery shut downs, natural disasters,and so on. Also, it's been indicated that the "La Nina" effect should cause the reverse wether conditions of "El Nino", meaning that on a national average the winter of 98/99 should be colder than normal. It's normal to see projections of price drops in December in a forecast but if winter comes and stays long you can easily see prices hold up until February. Personally, me and mine pray for a cold, wet winter. We live in a ski resort and can't wait to slide down a mountain again. Making money on ESV would help in funding our ski season. skibob