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stock_peeker

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stock_peeker

Re: cl001 post# 37359

Tuesday, 03/07/2006 2:29:42 PM

Tuesday, March 07, 2006 2:29:42 PM

Post# of 174031
Appears to me that there will continue to be sellers of Oil and Gas stocks into May (where oil stocks seem to have bottomed last year). Tragedy is that natural gas price drops will reduce impetus for alternative energy. Since we didn't have the cold winter Bobwins was praying for, we must now hope for a hot summer to drive natural gas prices up (as natgas is used for power generation).

Unfortunately CFK may suffer further as energy companies are not quite as ambitious in their drilling plans now as 2 months ago.

Paul Litman: "Avoid panic selling & avoid overconfident buying."

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