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Strategies & Market Trends : Sharck Soup

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To: DlphcOracl who wrote (31136)	7/17/2001 9:17:04 AM
From: DlphcOracl	of 37746

Here's a sure thing: read on. One sector that has been decimated over recent weeks is the utility and energy sector. Both the oil & natural gas companies/oil-drillers and the new-age utility companies have sold off drastically for different reasons. The oil & gas companies have sold off because of fears of "oversupply" and and decreased demand resulting in falling gasoline and natural gas prices. This is a temporary hiccup. If you think that the energy crisis has been resolved in the past two months, guess again. The utility companies such as ENE, DUK DYN, CPN, etc, have been sold off because of fear they will not be reimbursed by California. Buying into this sector is a no-brainer that will (IMO) give a 50% gain in 6-12 months. You can buy individual stocks or a good quality mutual fund such as ICENX.

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