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Strategies & Market Trends : Value Investing

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From: E_K_S8/23/2010 4:16:45 PM
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Buys: Added to current positions
Enerplus Resources Fund Common(NYSE: ERF) - Increased holding by 20%
Williams Companies, Inc. (The)(NYSE: WMB) - Increased holdings by 150%
Sales: Reduced
El Paso Corporation Common Stoc(NYSE: EP) - Reduced holding by 50%

finance.yahoo.com

Swapped out some EP for more WMB. EP was acquired in 2003. Will eventually sell the rest of EP and put into WMB on any further decline ($17.50/share is my next buy level).

WMB pays a higher dividend and has an E&P division that owns quite a few acres located in the Marcellus shale area. Forward PE's are about the same for both companies at 11.

EKS
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