Hi Alton, Having spent the day poring over ValueLine Small & Mid Cap for the Natural Gas (Diversified), Natural Gas Utility, and Pipeline Master Limited Partnerships, I think you are correct. However, I suspect they have a ways to go yet to hit bottom. Perhaps adopting Ocroft's method for selecting the right index to buy into might be a good idea. One slight adaption would be needed which is to go back and find a high point to start loading data from. Then look for a neutral or uptick after the last buy signal. This won't get you in at the bottom but awful close.
Now to find the right list of index funds to work with.
Best,
Allen