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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (2545)8/2/2000 11:09:26 AM
From: Logain Ablar  Read Replies (1) of 33421
 
Morning John:

On natural gas is it ready to break to a new high?

I still think we’ll have a very active Hurricane season which in the Gulf can further impact supply. The weather patterns so far indicate late Aug – mid Oct. as the most favorable for hurricane development in over 5 years (not sure of Africa for sending low pressure waves our way).

The East Coast pattern so far indicates the storms will move up the coast and not as many go out to sea.

On the Gulf we don’t have the wind patters coming across from the Pacific to hinder development, especially in the Gulf.

While I’ve been moving out of my tech holdings to cash I do like BR @ this level.

Tim
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