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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Arik T.G. who wrote (11290)	5/14/2004 4:47:54 PM
From: jimsioi	Read Replies (1) \| Respond to of 108708

XNG back up to 20 day ema... Notice it looks like Advantage made a new high today and AHC continues to lead. Was going to get back aboard that one but was faked out by the intraday drop in Crude. Many of the other E&Ps pictured below (I own CVX CVN SFY and MHR) are relatively uninspiring... Sounds like analysts, always bearish energy commodity prices and hence further out earnings for E&Ps, are coming around to at least a more neutral stance...Suspect this will bode well for AHC and CVX next week...Cautionary note, news editors at CNBC seem to be ramping up the alternative energy stories...usually a sign of a top... stockcharts.com\|B\|B14 DXE ran out of steam at 500 level...pattern looks a bit toppy.... stockcharts.com[r,a]eecaynay[d40][pc13!c34!c50!c200!f][iut!ub14!le8,24,8!lk20!lv20!lp14,3,3][J18131995,Y]&pref=G