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San Juan Basin Royalty Trust Message Board

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  • hotpanera2 hotpanera2 Sep 3, 2004 1:38 PM Flag

    Spot Nat Gas prices crashing

    Given that the key months of January, February and March are in the 6.40 area, I would think that SJT can live with a decline in the near months with minimal, if any, erosion. If the winter months went below 6.00, I'd start getting worried.

    • Also we should remember that yes, while NG is in a significant bearish cycle that we are coming off of very high levels.

      But weakness is weakness, and since I'm a trend guy I must admit that I couldn't be a NG bull at the moment.

      But as long as the chart holds up in SJT plus dividends are still reasonable, I'm a happy guy.

      DD

 
SJT
10.95-0.07(-0.64%)May 26 4:02 PMEDT