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To: rails99 who wrote (89283)3/27/2001 12:15:42 PM
From: isopatch  Read Replies (2) | Respond to of 95453
 
Hi Rails. Yes, that's when the risks

rise significantly for the NG rty tr plays IMHO. I'll be looking to exit sometime during the summer AC season.

So far, they've held up great. But that won't last indefinitely. Eventually, a Bear Market takes down evey sub-sector. Even those thought to be "safe havens". One of the primary signatures of true Bear Markets is that before they reach THE final LT bottom they leave investors NO PLACE TO HIDE. And this time will not be different.

Did sell my high cost basis HGT shares, at the turn of the year, when they went LT.

Am holding the remaining 40% of my HGT for now. Having sold so much of my LT NG positions as close as I could to the 2 major tops (Sept 00 & Jan 01) it's easy for HGT to still be my largest position(g).

Best

Iso



To: rails99 who wrote (89283)3/27/2001 1:18:46 PM
From: rails99  Read Replies (1) | Respond to of 95453
 
Iso: Great. Thanx for response. Will study NG trend for sure. Not sure the big NG demand will be there in early summer. If manufacturing sector reaches a point where inventory is low and pricing structure improves due to demand, I see a large pickup in demand Aug/Sept. Maybe I am wrong on this, but just have this gut feeling. More on HGT later. Thanks.

Rails