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Strategies & Market Trends : Value Line Investment Survey
VALU 36.66+0.1%Oct 31 9:30 AM EST

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To: OldAIMGuy who wrote (136)12/13/2001 7:26:50 PM
From: KevRupert   of 219
 
Hello Tom. You make some excellent points and have an excellent strategy. I've been buying slowly but surely in some energy big caps and energy small caps.

'98 had oil approaching $10/barrel. Currently with oil @ $18 & NG @ around $2, I think there will be a continued decline in oil. I'm not sure when we will bottom, but I have focused upon oils with excellent balance sheets and excellent management teams. I'm adding as they continue to drop.

I personally think oil will drop to the $13 - $15 range and NG will remain approximately the same.

Good to hear from you.
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