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Gold/Mining/Energy : Oil Sands and Related Stocks
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To: Taikun who wrote (2932)9/23/2005 8:13:50 PM
From: Tommaso  Read Replies (3) of 25575
 
>>>PBG Sell signal? Might be weak Monday, may depend on Rita. I have got PMs from some who wants to protect profits. Buying puts on other oil sands names may be another strategy.<<<<

I do not believe in betting against my own best judgment. I cannot conceive of playing tar sands stocks as a day-trading vehicle. It's true that since I had tripled my money in a year on a large block of OST.UN, I am shifting some of that over to natural gas stocks because I think over the next year or two that might be where the big crunch is in North America. But I would not encourage anyone to trade in and out of the tar sands. That's the place to be for very big long term gains.
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