Dorsey Wright & Associates. Point and Figure Message Board

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Non-Tech : Dorsey Wright & Associates. Point and Figure

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To: Mr. BSL who wrote (7563)	4/27/2000 8:23:00 PM
From: Ditchdigger	Read Replies (1) of 9427

Well,NG supplies are still way below last years level at this time,,and we are solidly into injection season..Look at the gas turbine orders GE has,,they can barely keep up,not to mention a larger number of nukes will be offline this year for reworking. IMO, a hot summer and gas nears $4.oo/mcf... we had 3" of snow last night, so gas is still doing some heating also<g>...Keep the suggestions coming..I think CHK has remained a blacksheep stock after it's fall from grace a few years back,,but with finding costs of .65/mcf and gas selling around $3.00/mcf...well you can do the math<g>..CHK is 80%+ natural gas..DD

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