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Tuesday, January 02, 2007

Good Evening.
An early post as we head into opening day Wednesday and bear in mind that winter time may be poised to make a return to the USA beginning next week and then spreading everywhere in 2 weeks. If this pattern change is confirmed look for energy markets but especially nat gas to rally sharply. More in this in the morning when i will disect the weather patterns and a few other things.
I am starting off 2007 being sued by HSBC Bancorp for unpaid loans.(i was served last friday dec 29th at 4pm!) It was for a business i used to own a few years ago which collapsed after i sold my share of it. The bank never took me off the accounts and they are coming after me for about 75 grand. Thankfully i have paper work (which they lost btw) but i have had to deal with abuse, brickwalls, collectors and other assholes. Moral of this story is...don't bank at HSBC and always keep a good lawyer handy!
I hope everyone is over the Christmas- New Year's stretch as we finally begin 2007 trading. S&P futures are up nearly 9 points as Europe as strong today. Oil is down a bit and Nat gas which was down hard earlier has rallied back to unchanged. If the meterological guidance for the next several weeks continues the trends of the last few days you will start hearing weather related rallies in the energy markets.

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