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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (33782)	4/7/2002 5:26:11 PM
From: John Pitera	Read Replies (1) \| Respond to of 52237

Hi Iso, I pretty much agree with your outlook for the XNG. I think you meant to say support where you said resistance in this sentence below. It ran into major resistance the other day in the 200 area The Natural Gas index looks like an impulsive 5 wave advance up from it's early Feb low. a 50% retracement of that move would be back to 180. a .382 retracement would be 184. we've seen a very big drop in a variety of commodity harbingers since weds. Crude, XAU, Gold, especially the CRB. also the XOI index which has been tracking crude pretty well. John