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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (25529)12/15/2006 7:13:32 PM
From: Wallace Rivers   of 78744
 
Speaking of Canadian Trusts (Canroys) swapped PDS for CNE to take the loss in PDS, and swapped FRA for CNE in another account, feeling that the interest rate hikes which make FRA attractive may be over.
I still like the Canroys a lot, there is a whole basket of them available. If you do chart overlays, the charts are very similar for most.
Sucking up substantial yields until at least 2011 makes them compelling. And, there is always a chance that the whims of the Canadian govt. will cause a change in the tax status of these trusts (again....), in which case the shares trade a lot higher.
Additionally, I think petroleum products is a good sector to be in.
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