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Strategies & Market Trends : Strictly: Drilling II

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To: russet who wrote (16805)8/1/2002 8:32:32 PM
From: Cogito Ergo Sum   of 36161
 
and a stable if not bullish case emerges for the oil and gas trusts
Hi russett,
I just posted about these on marcos thread a bit back or maybe the REITS (or both ?). I'm not extremely bullish but I agree about the stability and springboard effect and I'm accumulating on dips too but across non energy trusts also. Started a position in POU which is going trust and now very gassy. I'm staying away from the more oily though as I'm not convinced of an Iraq invasion or that it will be 'all that it can be' if it happens..Apparently the Kurds are none to thrilled about the prospect either. Bush needs a lot of foreign support for this and it'll become a huge killer monkey on his back if he doesn't get the support..

I do own a little COS.UN and NAT though in the OIL only world.

regards
Kastel
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