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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Clever Nick Name who wrote (276438)	2/5/2004 2:44:05 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

A couple of reasons...PGH got pounded last week when reserve estimates were reserved. NG futures have fallen off significantly over the last week, and the Canadian dollar has been (a bit) weaker. PWI should have good support in the 18.50-18.80 range at worst. Perhaps there's a little nervousness about what the G7 meeting might further due to the Canadian dollar as well. In a nutshell, I think the selling is overdone, if one were playing it cautiously I'd wait for confirmation of support before going in. Longer term, I think NG will do very well.