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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Kerm Yerman who wrote (5419)9/21/1998 1:18:00 PM
From: Kerm Yerman  Read Replies (1) of 24892
 
ALL / My Listing & Portfolio Status

Nesbit Burns has a report review titled The Red Book. I just updated my listings and portfolio status and I guess someone can conclude its Kerm's Red List. Almost all my listed holdings are on the downside.

Just how I stand on overall progress is up in the air, but I suspect I stand just into the red. I know I flushed down most of my previous profits by revamping the structure of my listing. However, I am confident that the base of my holdings are sound and serve as the foundation for longer term growth. I will be posting a financial report on the portfolios in the near future.

I will also be listing short reviews on the companies in my listings in the near term. My investment strategy is quite simple, I will accumulate shares in companies as time passes, often referred to as cost averaging. The concept is to be highly selective to assure the maximum leverage for gaining superior returns.

You will find that the majority of listed companies comprise of what I will classify as higher quality issues. It is my firm belief that these type issues will lead the way in a market recovery. Market recovery is one big question everyone would like to learn of. As I am writing this, let me say it is probably a long way off in terms's of time. My objective is to focus on those companies who can grow in this market environment. I don't think the market will recover to previous marks until there are solid signs of world economic recovery, primarily in the Far East. This also holds true to oil price recovery. In other words, a strong world economy will create demand for oil. Natural gas has a better short term outlook and you will find that the most of my listings are experiencing solid growth in this area.

Here is the location for the updated information.

techstocks.com





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