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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (31336)	6/30/2008 8:25:14 PM
From: anializer	Respond to of 78740

I think on a fundamental basis, my favorite in the NG area would be XEC. Message 24706841 Message 24686894 I am also positive on PDE with their 9 billion plus backlog. Whether or not energy stocks can hold up in a market where the indexes continue to decline is a question open to debate. And my take is that the indexes are headed for disaster and they will go lower. Value doesn't mean anything now and but I believe the fundamental supply/demand equation remains favorable related to energy. I was on the road this weekend in traffic that was so obscene on the GW bridge all I can say is that demand destruction is not happening here in NY. It will take $6 or $7 gasoline.