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Monday, February 13, 2006

Good Monday Morning!

We begin this morning with crude and natural gas showing small gains after trading lower overnight. Stock futures are a little softer. No corporate drivers so far. The group has been pressured by the general selling in everything energy last week...and while dropping and crude and nat gas have little impact on these companies...hedge funds and traders tend to shoot first and ask questions later. As pointed out last week...the weekly charts on most of these look okay.

On the watch for the open...have to plow more snow after the blizzard.

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