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Gold/Mining/Energy : Oil Sands and Related Stocks

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To: Elliot F who wrote (6556)2/3/2006 10:12:06 PM
From: Bread Upon The Water  Read Replies (1) of 25575
 
IMHO, the SMART the thing to do would be to take some money off the table---with both CLL and PBG. Yet, I haven't done so despite my best intentions to do so. My intuition and brain are in conflict here.

This has the makings of a bubble the way the stock prices are rising so fast. People are just throwing money now at "oilsands".

Yet the macro picture keeps me from selling. The oil is in there and we are going to need it. And the both the American Government's Budget situation and foreign policy are dovetailing to eventually devalue the dollar and conversely inflate real assets. And so I hold, but I am not liking it.

Hamlet
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