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Strategies & Market Trends : John Pitera's Market Laboratory
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To: GuitarMan who wrote (4382)8/21/2001 4:36:30 PM
From: John Pitera   of 33421
 
I think the outlook for Natural Gas is still pretty favorable. It should stay above 3.00 for the rest of the year and
i think we can see a late fall rally.

when DVN announced the buyout offer for MND, DVN did not go down in price and MND had a nice move up
and is holding those gains. That type of price action is not as common these days. Often a company announces
the purchase of another and both stocks sell off. The market seems more comfortable with the fundamentals
of this deal.

John
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