Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Art Bechhoefer who wrote (92309)	7/15/2001 3:01:17 PM
From: Frank Pembleton	Read Replies (1) of 95453

investment advisor and also an energy research analyst I'm sure that title would go over well with the people of Alberta in the early eighties <lol> Here I am living on what is the largest in oil reserves on face of the planet, yet the threat of seeing people loose their homes is very real, yet again. In fact the price of this commodity is trending down, therefor the quarterly reports are not going to show growth, if there is no growth, there is no investment. Don't count on the Middle East to maintain prices, these people are held together by one common bond, and that's hatred. Not a good sign... As an investment advisor it's your job to protect your clients money. The trend is down, if there is any doubt check out Big Dog's portfolio: Subject 50987 ...and please advise your clients to hold cash. Regards Frank P.

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