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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: arnie silver who wrote (24577)11/2/2006 2:39:24 AM
From: energyplay   of 37387
 
I understand your pain. There was a similar event in Canada about 3 years ago. I was able to buy some more PWE today.

Two things will help the Canadian Trusts recover :

1) Higher gas prices because of winter and higher oil prices because of demand for oil and OPEC tightening.

2) More demand for yield because of lower US interest rates, with the interest rate on the 10 year bond moving down today.

One other idea that may be useful is to think about tax strategies, if you are in a position to sell and get a short term loss, which could be applied against other income.
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