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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?


To: trustmanic who wrote (1432)9/12/2001 12:50:47 AM
From: Peter W. Panchyshyn  Respond to of 11633
 
London Brent blend future $31.05 a barrel..

------------- Yes I saw that. I think with this tragedy the experts can kiss goodbye any hopes of oil falling below $20.
At least for the foreseeable future. Or longer. Even with the sharp increase in price for the commodity I think we are set to see the trusts fall. This should be temporary however. Was watching one of the market programs on TV they said that they expected the markets to take one terrible hit. A few of them I noticed said that the hit although hard should be temporary. They cited a few recent tragedies in the past which caused the markets to take huge hits they said in all cases the markets rallied back strong after a short time. One term I heard was that a WAR situation allways strengths the american people and the american economy. ---------------