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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: TobagoJack who wrote (53591)9/21/2004 10:13:20 PM
From: Seeker of Truth   of 74559
 
Jay, you ARE a hero, but the same thing, i.e. NAV up 1 % also happened to me, a non-hero. At some point it's highly likely that oil/gas prices will sharply and extensively decline. Not because this has always happened in the past but because human beings influence each other and therefore cause any commodity to be overpriced and then underpriced. So some of these juicy gains will have to be given back. Meanwhile the part of the dividends remaining after taxes piles up.
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