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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: Crossy who started this subject	12/31/2003 11:12:31 AM
From: Crossy	Read Replies (4) of 37387

re: INTERNATIONAL OILs (sector highlight) I'm researching this corner right now.. there must be a boatload of small to midcap firms with good fundamentals out there. I see a huge valuation gap between domestic and foreign oil assets however the output - oil - is a commodity - with ONE PRICE for each grade (you know the "law of one price" is what denotes the boundaries of a distinct market. if ´there is one world price then it is a world single market) - yet the producing assets are valued so much differently - US and Canadian assets up to a 500% premium to oversea's assets.. unbelievable...

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