Picks, Pokes, Pigs, Porks & The Penis Envy Trade of the Day! Message Board

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Strategies & Market Trends : Picks, Pokes, Pigs, Porks & The Penis Envy Trade of the Day!

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To: Stoctrash who wrote (74)	1/31/2001 12:00:03 AM
From: John Pitera	Read Replies (1) of 111

Fred, I think that some of the NG stocks will be good buys on this weakness. BR is down to it's 200 dma and could even make it back into the upper 30's. NG prices will likely stabilize well above 3$ per billion BTU's and so companies like BR, EOG, APC, APA, should have robust earnings going forward. The concerns going forward is how much electricity will be used this summer for A/C etc. BR has given us chances to buy it on a brief one day plunge twice in the past 2 Q so low ball buy orders at 33 and 35.5 could possibly get filled. It's still probably several weeks before the energy stock correction bottoms. John

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