Actually, Frank, I probably wouldn't touch this one. I have been playing the oil & gas market for many years and there are few that show potential short term. The bottom simply is not there yet. It will be, and when it does, I will be there.

Actually the only oil/gas play that I am strong on is CNQ, and I am not strong on it because it has short term potential, but because it is so volatile. I had sold my position in it last spring@ $83. It went a lot higher but then came down with everything else. It was doing some heavy swings, so I started playing it last Oct. I have been in and out 7 times since, and started with 1000 shares and have traded myself up to 2300 shares with the same dollar investment. My most recent one was selling at 45.13 two weeks ago, buying at 37.60 2 days ago and selling today at 40.50. It means paying close attention to what is happening but it works.

Regards

K