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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Ramsey Su who wrote (51174)	6/21/2004 4:11:51 PM
From: energyplay	Respond to of 74559

Might be a good time to buy TMR since it is off a little today on news of one dry well. Ed Adjootian has another favorite for long term, EGSR, a very small company. Royalty trusts still look good. You want to slant towards natural gas, where the shortage is getting worse, and away from oil, which may be peaking, at least short term. If people really understood how good California can be,we would have another 10 million people move in this year...

To: Ramsey Su who wrote (51174)	6/21/2004 9:00:39 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

Ramsey, I can confirm the smile on the San Diego County property owners' faces. I got an email a few days ago from a Californian who 18 months ago paid $120,000 less than what their house is estimated to be worth now [about $400,000]. Happy, happy, happy! AND with a 30 year fixed mortgage at a lowwwww price, such as about 4%, or 5%, give or take a bit. Meanwhile, Uncle Al KBE is back in the hot-seat and is pixelating another umpty $billion in freshly minted $$$ for his Washington buddies to spend. Wheeeeee....... no wonder the USA is feeling pretty Gung-Ho. Better go. No time to rant. Busy week... Mqurice PS: When interest rates rise soon, a few late buyers might not be grinning ear to ear, especially on variable mortgages. Especially if their job is outsourced to India [or China].