Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: John Pitera who wrote (55440)	10/6/2000 4:20:18 PM
From: Logain Ablar	Read Replies (1) of 63513

John: DVN gave a triple bottom sell signal today so the fall pullback in NG stocks has started. I assume this will continue while we have a build up in inventory as the energy companies need less now. I still feel this company is not valued properly for its earnings and potential earnings. Of course the flip side is supplies may be coming on line from new wells and we've seen the peak. I'll wait till $50 area (1st support @ $53) the BSL to enter a position. I figure the earnings report or the first cold snap puts in a bottom. It should be a mild winter in NE since we just purchased a pellet stove for the basement fire place. Tim

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