fwiw, I asked a friend of mine who is an o&g analyst about his very basic near-term outlook on NG stocks. This was his response- As for nat gas. It still has about seven weeks of injections togo through. I must warn you it could get very sloppy during that period. XTO is a good one to bet on once this shakes out.
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> If you can keep an eye on estimates for Nat gas 2007. Once that settles down people will renter.
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> I am fearful that during the 3q conference calls these companies will be very tempered in their outlook which could fuel negative sentiment.
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