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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: GraceZ who wrote (26619)12/30/2002 3:27:12 AM
From: energyplay  Read Replies (4) of 74559
 
Happy New Year ! I know some on this thread will see the New Year soon ...

Grace - If you would like to post some long suggestions, I would be interested

Current shorts and puts -
QQQ
WM Washington Mutual
PFCB P. F. Chang's China Bistro (not recommneded as a short -they are doing something right, and stock keeps going up)

Current longs -

Royalty trusts
SJT HGT CRT U.S. Trusts
ERF NCN PWI AVN.to Canadian

Natural gas producers
EOG DVN ECA BR

very small Gas producer
ROYL
will be looking for more small energy firms

Bond funds
BEGBX non -U.S.
PRRDX TIPs Inflation protected securities

Other
NEM Newmont Minning sold some about a week ago, stock has not kept up with gold metal
FAX closed end Australia / Asia bond fund, leveraged
SCLN small biotech focused on Hepatitus
JPM J.P. Morgan bank small position

RRI Reliant - an electric power producer, beaten down because of Enron / TXU problems.

**********

Going forward, I would consider putting more money into the Canadian Trusts ERF, PWI, NCN, AVN and the 4 Natural gas producers EOG, ECA, DVN, BR.

THe case for Natural gas keeps getting better, and the stock prices are a long way from catching up with the reality. The "Canadian REITs and Trusts" thread on SI and "Big Dog's Boom Boom Room" on SI have extensive discussion on royalty trusts and energy producers.
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