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To: Galirayo who wrote (132898)	5/18/2006 11:50:01 PM
From: robert b furman	Respond to of 209892

Hi Ray, If you look at the oil charts and the momentum lines in IBD - all of the oil complex commodities have rolled over and failed at lower highs. Looks like the top is in and this summer may just get a break in gas - if demand stays off. Ethynol can do 3-5% this summer and if demand is off 2-3 %,forwardation could well become backwardation (future contracts cheaper than current. This as always would leave the speculators holding the bag at future months high prices and the only choice they would have is taking the licking or possession of the gas - pretty hard to do with out a tank farm. Bob