MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.28

-0.5%

Dec 1 4:00 PM EST

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To: bobby beara who wrote (25664)	9/13/1999 11:03:00 PM
From: Fun-da-Mental#1	Read Replies (3) of 99985

bb, the energy sector is going ballistic for sure. Prices of many of the smaller stocks have doubled from their April lows, and they could easily double again. Demand is rising, supply is shrinking, stocks are falling, we're not even into the winter heating season yet, OPEC's holding firm until March at least, and oil and gas prices are almost at new highs already. The growth potential for natural gas is even greater than for oil - some analysts predict the price will go to $5 this winter, i.e. just about double. This may sound like outrageous hype, but check it out for yourselves. Fun-da-Mental

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