Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (3344)	10/30/2001 9:47:36 AM
From: Cogito Ergo Sum	Read Replies (1) of 36161

Hey frank, You’ll be at your break even point shortly. I just didn't see any compelling reason to take a hit having committed for the reasons I did. I suspect some of us will move out early As far as the energy trust positions, I haven't bet the farm but this is part of that plan I've been thinking about (out loud at times here) for a while for income production. They will become core long term holdings if all goes according to plan. Of course the next energy bubble (whenever that comes) would probably see them on the block too for some cap gains. re: Husky (waiting to trade to the plus :o) reaction seems muted so far. U.S. companies have valued the Canadian patch at about a 50% premium I'm looking for a better sign of the future of US energy policy. I've posted on this before that I hope it gets 'attended to' and not forgotten with lower foreign oil prices and the current scavenger hunt. That will affect how much energy I want as a core holding. regards Kastel acute and cuddly Canadian

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