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

To: energyplay who wrote (55647)11/6/2004 6:59:04 AM
From: Seeker of Truth  Respond to of 74559
 
Right now CNQ, a great Canadian company, is selling for 12 times
earnings. Stretched valuations? I think many oil/gas stocks are cheap now.
As for nice charts maybe the nicest chart is a terrifyingly steep decline with no interruption. Jay's psychology approach..
Rails compete with trucks. No monopoly or semimonopoly there.



To: energyplay who wrote (55647)11/12/2004 2:33:08 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hello EP, I do not own Clean Power cleanpowerincomefund.com but it was on my watch list finance.yahoo.com . I watched it collapse tonight due to reduced distributions caused by strong Canadian dollar vs US-based earnings.

I am concerned about that dynamic situation of too many moving pieces.

What say you.

Chugs, Jay


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