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

To: jdavecook who wrote (25033)	1/8/2003 11:56:45 AM
From: nspolar	Read Replies (2) \| Respond to of 36161

Because the index is screwed up, due to the likes of EP, DYN, etc. finance.yahoo.com@^xng&f=snlcvi For some time it has had problems representing the gassers. I like to observe BR.

To: jdavecook who wrote (25033)	1/8/2003 1:25:45 PM
From: isopatch	Read Replies (2) \| Respond to of 36161

Heavy buying of div paying stocks in XNG Small cap gassers don't pay div., even mid and lg caps offer relatively small payouts vs pipeline cos that are skewing the index price right now as players are piling into dividend plays to take advantage of the Bush proposal. No doubt it will get overdone like every new fashion on W.S. Anyway, does serve to highlight the principal problem of using the XNG as a proxy for the NG E&Ps of all cap sizes. Better to just follow a basket of stocks rep of each cap size. XTO is one I like to use in the mid cap category. Isopatch