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To: Jon Cave who wrote (67452)	6/1/2000 2:15:00 PM
From: stevedhu	Read Replies (2) \| Respond to of 95453

Jon Cave, of the hundred or stocks I have on a Yahoo energy watch list, the majority that are going down are doing so on less than average volume, where as the majority going up is doing or will do above average volume, There seem's to be a little rotation within the sector. Live oil quote $29.80, Ng $4.16 Take Care Steve

To: Jon Cave who wrote (67452)	6/1/2000 2:33:00 PM
From: WWS	Respond to of 95453

Jon, I believe that what we're experiencing now in the natural gas futures market is what Professor Howard Simons of IIT (see link below) calls an "intermediate price spike" that now regularly occurs once in the Spring before the summer lows are reached. This spike is quite evident on the graphs that accompanied his article, which originally appeared on TheStreetCom last week, although the graphs are not part of the cut and paste version of the article that made it over here to FreeTown (i.e., SI). According to the article we must reconcile ourselves to the inevitability of summer lows. But once again his graphs serve to comfort us because they show that the summer "low" has been getting progressively higher over the last three or four years. Message 13801862