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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ditchdigger who wrote (19822)	5/8/2000 7:07:00 PM
From: Sergio H	Respond to of 29382

DD, everyone is saying that the fed will raise interest rates at the May meeting by a half point and most are adding that this will not be the final hike. That's got to mean lower stock prices. I am adding increasing my investments in natural resources, particularly natural gas. From tradingmarkets.com: <Unleaded gasoline rallied to contract highs and nearly a 10-year record as striking Norwegian oil workers and comments from OPEC officials revived concerns about shortfalls. Crude oil rallied to a six-week high and heating oil rallied as well. The strike in Norway, the first major strike in 10 years is not expected to have a lasting impact on the supply of oil. However,comments from the Venezuelan and Algerian Oil Ministries left traders with the impression that OPEC will not raise production at its next meeting in June. Phil Flynn, Energy Analyst with Alaron Trading in Chicago pointed out that " unleaded gas remains the undisputed leader of the energy complex pack. Gasoline is in short supply and traders are concerned we could see shortages this summer." From the Momentum-5 List, June unleaded gas (HUM0) bolted .0315 higher to .9350 and crude oil (CLM0) gained .86 to 28.15. Heating oil (HOM0) rose .0236 to .6967. Natural gas (NGM0) rallied on unseasonally hot weather in the Northeast and forecasts for 90-degree-plus forecasts. The June contract moved .145 higher to close at 3.170.> On KSU, some recent articles: reesegroup.com Sergio

To: Ditchdigger who wrote (19822)	5/9/2000 7:27:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 29382

DD, from the 8k filed in April: <For April 2000, 90% of the company's projected natural gas production was hedged at NYMEX prices of $2.59 per mcf and 33% of oil production was hedged at $27.25 per barrel. In addition, to further protect the company's cash flows, an estimated 35% of estimated May-August gas production has been hedged at an average NYMEX price of $2.74 per mcf and 20% of estimated gas production for September and October 2000 has been hedged at $2.70 per mcf. No additional hedges are in place.> Also of interest, Janus closes more funds: biz.yahoo.com Any interest in KSU?