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Strategies & Market Trends : Three Amigos Stock Thread

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To: LAWRENCE C. who wrote (21102)	9/30/2000 3:35:12 PM
From: Ken W	Read Replies (1) of 29382

Hi Larry, I've been watching CHK as well as some other oil and gas stocks.. They have had a heck of a run over the last 4+ months. You know the reasons why. <GGGG> Money is starting to move out of these stocks as the play is about over. OPEC is beginning to talk like they will increase production (duh, after G7) I would just bet that the industrial and producing nations put a bug in the OPEC ears...something about "how long can you eat oil" Take a look at the condition of the Tech. heavy NAZ...IMO a test of 3500 should just about do it to convince the profit takers from oil to jump back and drive the NAZ to some very nice gains. 207.61.23.98 Ken

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