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Post# of 596859
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Tuesday, 08/30/2005 5:37:13 PM

Tuesday, August 30, 2005 5:37:13 PM

Post# of 596859
Folks, with NYMEX Henry Hub natural gas closing at 11.70, and NYMEX crude at 69.90 (both for Oct delivery) I'm going to be scanning the oil services and oil trusts issues closely tonight.

IMHO el Presidente's announcement about the strategic oil reserves kind of put a damper on them tomorrow.

The real test is how will oil & gas trade tonight (tomorrow) in Taiwan, China, and Japan. Then the market in London. All this will roll around before NYMEX opens its sleepy little eyes.

Good luck to all!

_________________________________________________________
Diligence is the mother of good luck.
Ben Franklin (1706-1790)

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