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

To: tommycanuck who wrote (5442)	12/15/2001 8:33:29 PM
From: t4texas	Respond to of 36161

thanks for the apc link. i have become less negative even neutral on the ng producers. i have been looking for some event or something to give me an entry point to the producers, and i am just waiting patiently until then.

To: tommycanuck who wrote (5442)	12/16/2001 11:49:06 PM
From: Frank Pembleton	Respond to of 36161

tommy -- yeah - yeah ... the yellow thing, eh? I have mixed feelings about the patch ... The integrated oil companies are extremely overbought while the ng producers and oilfield service companies are oversold. The upward push we got from some selected service stocks this Friday indicates that tax-loss season is finally over. Even going by market depth of companies like Ryan Energy -- it becomes plainly obvious that the bottom is in when there is absolutely no sellers on the ask side of the bid. The only thing that does concern me is the period of time one will have to hold to get beyond that "dead money" zone. Anyway... Thanks for posting the link! Have a safe and happy holiday! Frank P.