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To: GVTucker who wrote (63202)3/4/2003 12:36:57 AM
From: Elroy  Respond to of 77400
 
what do you buy when sustained oil spikes and low consumer confidence virtually guarantee a recession?

NCN or PVX. They are both Canadian Oil and Gas Trusts yielding between 16% and 22%, and the yield (or the share price) will rise with the price of oil and gas as the monthly distribution is based on revenues from oil/gas pumped three months ago. That's my suggestion.

Now if the price of oil and gas falls, that's a different story!