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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (13015)5/23/2002 11:59:47 AM
From: Louis V. Lambrecht  Respond to of 36161
 
Ah! Canadian gassers: nice. Only problem is that my fill reports come after 72 hours. (No kidding: US 48 hours, CA 72 hours).
Unless I open an online account in Canada.
Am also planning to open an US options account. (Since 4 months <g>).
Not willing to trade my Euros or Swiss for any kind of thalers yet.
So, I have to limit my positions to widely traded equities and for the long term as my transaction costs (fee + foreign exchange) are sucking the blood out of me.

Sectors: thinking (for a longtime already) of water, nanotechs (when some productions plants will start), nukes (the fusion process ones), beer and soft drinks (people always drink, even when the economy is bad) ...
Gas and oil: currently for seasonal cycles, IMHO.

And, most of all, I want to buy at the rebound from a bottom. If I could wait for gold, I should have the same patience for other sectors.

In the meantime, let's first have that rally in miners. <vbg>
When gold/XAU ratio will be around 3 I might envision to take my chips off the table and play another game. LOL.



To: Cogito Ergo Sum who wrote (13015)5/23/2002 3:31:55 PM
From: willcan  Read Replies (1) | Respond to of 36161
 
Kastel

Thanks for the tip re: PWI.

If yahoo is correct - yield is 17%

Can't beat that - I picked up 2k @ 4.25 under PWEUF

Of course as soon as I hit the send key - I know that It
can't be that good - Current quarter says .10 - I figured that as $us
would be circa 10% - Am I missing something . Thnaks

@ac@