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Strategies & Market Trends : Value Investing

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From: Grommit5/26/2005 5:35:00 PM
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OT -- OIL. I'll post again on my pet topic. I think the crude oil problem will overshadow any expertise in picking value stocks or any other concerns of this thread.

First read these -- it's worth your time.
society.guardian.co.uk
resourceinvestor.com

And here's a great link to add to your daily viewing:
energybulletin.net

FYI -- This week I moved my stock portfolio to be 40% Canadian Oil Sands Companies -- unconventional crude oil.

I've been looking at other alternative energy companies like wind farms, wind turbines, uranium mining, solar panels, fuel cells, biomass,and hydro. And I think oil sands are the best bet. They are making money at $40 oil, and have reasonable PEs.

finance.yahoo.com

........................................
Reuters
TEHRAN (Reuters) - OPEC is pumping at full capacity, Iran's oil minister said.... "OPEC members are supplying world markets with their utmost capacity," Bijan Zanganeh was quoted as saying on the oil ministry Web site.
(22 May 2005)

cheers,
grommit
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