To: A Horse With No Name who wrote (29287 ) 3/8/2003 11:35:28 PM From: Cogito Ergo Sum Respond to Hi bengali,you are getting a little nervous about the CanRoyals do you have any contingency on balance my ACB's are pretty low. Positions in NCN, PVX and non core positions in others AVN, AE, (I dumped my PWI traders for ARC a while back) .... etc are swing trades anyway and well into the black, stops and forward exit points in mind. I've been in these a few years now, not just a few months. Also, the CanRoys do quite fine at 4.00$-5.00$ gas and 20$-24$ oil. Also I'm continually diversifying into other income producing things and play other 'stuff' gold juniors, diamonds, alternative energy... and more stuff. I started this tack quite a while ago and I used to call it my boring portfolio on this thread. It's getting better.... boring and stable and appreciating monthly / quarterly income stream. if this thing about plentiful, bountiful, abundant, perpetually cheap I guess I just don't buy it. Oil will be oil and gas will be gas unless George Bush really plans on taking over the world swinging that bible. In that case CanRoys' won't be high on my worry list ;o) At any rate prices will fluctuate as always. Oil will certainly come down (it always does ;o) and so will gas. Oil will go up and so will gas. If I see 2$ NG and 15$ oil coming I'll be concerned but frankly my core positions would do OK even then. Right now though I'm betting against that but I'll be proactive if I'm wrong.
