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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Richard Saunders who wrote (8178)	4/24/2001 12:58:42 PM
From: stan_hughes	Read Replies (2) of 24927

Richard - Part of me says that we're still on the upslope of the current cycle because of the inherent inability of the industry to quickly restore equilibrium to the NA NG supply, and another part of me knows that can't last forever and also wonders whether something is going to come flying at us out of left field to bugger it all up (e.g. some kind of Trudeau-esque Federal asset grab). That kind of thought process constantly reminds me to not have everything invested in the one sector, notwithstanding its obvious attractiveness by most measures. Having said that, by my most recent calcs April 20, I am 50.51% in energy. I am way ahead of the game at this point and I'd like to think I'll be nimble enough to close it out without too much of a beating if I start seeing major storm clouds on the horizon. In the meantime, it's still full speed ahead.

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