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Alias Born 01/03/2005

Re: None

Friday, 10/21/2005 8:37:27 AM

Friday, October 21, 2005 8:37:27 AM

Post# of 173915
Very IMPORTANT ?? for the Board...I'm thoroughly confused about the oil and gas markets right now. Yes we have currently entered the shoulder season, yes REFCO liquidated large position in commodities markets and other firms, hedge funds probably followed the crowds, also mutual funds sold a lot of commodites to lock in 3rd Quarter profits. Are these all of the reasons for oils decline, have we reached the bottom and where do us board memebers see oil at the end of the year. Some say we are heading towrds $50, where Matt Simmons says we have a lot higher to go...Please shed some light on this? Thanks!
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