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Strategies & Market Trends : Strictly: Drilling II

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To: Art Bechhoefer who wrote (18241)9/4/2002 10:52:49 AM
From: Frank Pembleton  Read Replies (1) of 36161
 
Art, I don't follow it - but as a whole I'm starting to get interested in this sector going into winter. Storage levels (due to the lack of drilling) are finally starting to tighten up. NG injection levels remain below the 5-year average - and stocks within this sector are getting appropriately killed.

I'm interested in buying sometime at the end of this month – for now I still see weakness, incredible weakness in the way these stocks are trading - but probably not for long.

...just be patient for awhile longer.

Regards,
Frank P.
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