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To: Earlie who wrote (140095)12/23/2001 10:49:28 AM
From: Joan Osland Graffius  Respond to of 436258
 
Earlie,

Yellow gold and black gold. <g>

Thanks to MB's 1/3 rds game over the last 18 months was able to collect SA gold stocks with very nice average prices. Keep watching for IMPAY and AAPTY to get hit.

I am in the same boat with you on oil. The stocks that I like are not inexpensive "yet".

Happy holidays, Joan



To: Earlie who wrote (140095)12/23/2001 11:04:02 AM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 436258
 
Earlie,

A note on sectors that will do well during bad times. I have owned a core position in ADM for most of my adult life. <g> It was tough during the time they got caught with price fixing, but that is behind them now. When it was trading in the $8 - $9 range during 2000 I backed up the truck and bought with vigor. Have taken profits on most of this position at the $15 level. The stock is expensive now, but it would not surprise me if during a sell at any price market the stock could trade down in the $8 to $11 range. This company delivers good returns as they pay dividends in both stock and cash. The dividend return this year was north of 6% at current prices.

Joan



To: Earlie who wrote (140095)12/25/2001 7:02:16 AM
From: Bocor  Read Replies (1) | Respond to of 436258
 
>>The longer term picture for the gas and oil sector also suggests that these stocks are getting cheap. >>

Any thoughts on MIR here? Seems to have bottomed...maybe (gg)



To: Earlie who wrote (140095)12/25/2001 1:54:39 PM
From: Square_Dealings  Read Replies (1) | Respond to of 436258
 
Latest COT report as of last Tuesday shows commercials at 5 year record long position in natural gas and 3 year record long in
crude.

Looks like the commercials think prices are close to a bottom.

M.