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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (751)	8/28/2001 1:53:23 PM
From: isopatch	Read Replies (1) \| Respond to of 36161

Insider Buying starting in some of the major NG E&P stocks during July. So far it's sporadic and not in big blocks. But it bears watching. Insiders are not market timers. The tend to average into and out of positions over a period of weeks or months. BUT changes in the pattern of insider behavior from the sell to the buy side as we're beginning to see now indicate that we are in the final phase of the decline in the NG sector. Good time to start doing your DD and putting together a shopping list. Here's APA biz.yahoo.com Just on 5k block so far in BR biz.yahoo.com Nice pattern of moderate size buys in APC: biz.yahoo.com On the other extreme, we see some of the more vocal "small speculators" on other threads shorting the patch stocks at heavier levels that at any time since February<G>. That's a great contrarian signal especially when compared to the changes in insider behavior that are now emerging. Cheers, Isopatch