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Gold/Mining/Energy : Talisman Energy Inc. (TLM)

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To: Todd R. Levine who wrote (59)10/24/2008 9:17:50 AM
From: Jim P.  Read Replies (1) of 82
 
Market rational or irrational. Only time will tell.
TLM has very little hedging to protect cash flows on the downside.
Way too many variables to discuss before work.
I own in my IRA and would add if I had any cash.
My time horizon is very long so I can afford not to be in a panic.

In my trading account in have a little TLM and more LINE.
LINE is an energy MLP so is not the same as buying TLM as an asset.
If you are short term I would wait a few months. If buying long term start a small position with limit orders and work into your position.
Good luck,
Jim
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