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

To: Toni Wheeler who wrote (21016)	9/21/2000 1:43:13 AM
From: Ken W	Read Replies (1) \| Respond to of 29382

Toni IMO, no the price of NG will not wane as supplies are expected to be short while demand will be strong. The only saving grace to the whole mess is if Mother Nature gives us a mild winter. The party I was refering to and the chart posted was for oil and gas stock index. Notice that there is a break under the 10eMA and downturning STOCH's. The internet indexes looked exactly the same about 6 months ago...the rest is history. Check out the action in NG fav's CHK, PANA, NGAS etc. All are off their highs or slowly sinking. Most of the oil stocks were down all this week. The only oil related stocks that are holding at all are some of the service stocks. So, if you are trading NG futures...good for you if you are in the stocks and have some handsome profits, take them..that is what the large investors are doing. Ken