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Strategies & Market Trends : Natural Resource Stocks

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To: crustyoldprospector who wrote (3020)	11/6/2003 11:40:33 AM
From: isopatch	of 108781

Crusty. Ditto on WTZ. Now ZERO in PM stocks. Agree with the rest of your post, although don't expect anything but a quick sharp selling squall in the broad market indices sometime in the next few weeks. Also expect energy will exhibit good relative strength vs other sectors on any such correction then lead the rally which follows. NG storage report came in with 34 BCF add. Financial press naturally tried to pitch it from the bearish angle, with the storage total now higher than one year ago. And they will continue to do that until the big money which determines editorial content has full positions in all the best energy stocks:o) Fact is the weekly number was much lower than I'd expected with all the mild weather in the key mid-West consuming region. So I'll be buying the dips in my favs on any broad market correction. IMHO, there are big profits ahead for the best NG stocks this winter even if the broad stock market goes nowhere. Isopatch

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