Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Bucky Katt who wrote (7296)	1/2/2001 6:20:14 PM
From: J.B.C.	Read Replies (3) of 13094

>>The growth has been in the natgas fired plants, which has in turn led to the expanded demands on natgas, which has led to the 4x in natgas prices the last 12 months, it all hit the wall at once, cold winter and low supplies, which has all been a very logical series of events.<< I don't necessarily totally agree. I don't follow the NGas market that closely, but I can't believe that we've significantly increased NGas demand in the past 12 months. The overall markets have slowed in the past 12 months. Prices in NGas started climbing well before the dawn of winter. I live in CO, I still had to heat my home even though it was slightly warmer my usage is up but not that much. I guess I have this belief that there is a whole lot of frenzied speculation going on that is likely to collapse in the coming year. Just my humble opinion. Look what gasoline did in the past 6 months. Re water: We're gonna send you a whole lot down the Colorado River this year, trust me! Jim

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