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Frank Pembleton

11/10/04 1:23 PM

#12014 RE: KastelCo #12013

K ... just be careful with buying anything new in the energy sector. I see a double-top in the OSX, and another in the Suncor (SU-TSX) chart. The Suncor chart is more notable because it's a proxy on both the price of oil and a mood ring on institutional money.

I'm thinking we can reenter energy sometime in the new year-- mid January to be more precise and look for a bounce off the 200-day MA.