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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (3937)	5/29/2001 1:54:09 PM
From: John Pitera	Respond to of 33421

Bill Meehan has an interesting note he found In MER's research today, I love the bit about pumping NG through unused fiber optic cable -g-..But seriously Oct Natural Gas is down below 4$ today hitting a low at 3.645 and rebouding to 3.89.... and this could/should prompt some selling in the Natural Gas producers. /29/01 8:47 AM ET Just came across an interesting comment from Merrill’s Quant Strategy Group this morning: "We remain ardent fans of the Energy/Power story. Only two sectors in the economy are operating at 90% of capacity or higher: Energy and Utilities. Unless we somehow learn how to pump natural gas through unused fiber optics or refine gasoline in unused semiconductor fabs, the liquidity that was flowing in to Nasdaq should continue to flow into your gas tank."