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Gold/Mining/Energy : Position Trading in Canada

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To: Wizzer who wrote (2070)	3/5/2000 2:28:00 AM
From: TheBare	Read Replies (2) of 2259

Ward and all Canadian POS'ers, It seems that the oil situation in the world is building into a very interesting situation. Oil inventories, OPEC, drilling activity and world demand are now all pointing to higher prices. The market seems uninterested. Bill Clinton, however, seems very interested. With the number of Expeditions in my neighborhood gas pump demand must be skyrocketing (it will this summer for sure when they all head off vactioning :-) Oil may in fact be the stock market bubble burster. These things always seem so obvious in hindsight. So trying to be foresightful I ask: Is this going to all fade away or is there some kind of oil crisis looming? I am considering starting to overweight my Canadian dollar portfolio with oil and gas companies. Anyone else feeling/thinking along the same lines? Or am I just a pessimist? BTW, if you are not pessimistic it means you have the utmost confidence in Bill Clinton's negotiation skills. Or you believe that the Middle Easterners are pro-American. LOL.

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