why the sell off?, page-14

re: nwe >> going down to 7.5 cents Mensa

Spec oil and gas explorers traditionally have very little association with the oil and gas prices. These little suckers will still be going up and down in the same manner if oil was $10 per barrel. Thats the way it has always been.

Market sentiment and speculative funds in the market are the primary key. In the case of NWE I believe it has also scored some serious longer term investors, which is why it has held up so well.

You are obviously not a long term investor if you sold out of NWE in the current market weakness. That is an observation not a criticism, I am a short termer also. But it means sentiment is more important to you than whether oil and gas is going up or down.

It there was such a strong relationship between the commodity prices and explorers why have most of them lost 50% when the oil price is still near US$50?? Price of oil and gas? I really dont care. Its the direction of the DJIA that matters.

acturtle