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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: jimsioi who wrote (19093)12/18/2004 7:44:03 PM
From: A Horse With No Name  Read Replies (1) | Respond to of 108708
 
jim rogers who is the ultimate contrarian has a unique idea about investing in oil

"The best way to invest in oil right now is to buy sugar," says Rogers. He looks at the baffled Japanese TV correspondent and begins to explain that in Brazil, the world's largest producer of sugar, it is common to run cars on ethanol produced from sugar cane. "Oil is at an all-time high, and sugar is 80% below its all-time high," Rogers continues. "If I have a sugar farm in Brazil, I'm going to sell it to people who need gasoline."

oh by the way rogers is going heavy on sugar these days.



To: jimsioi who wrote (19093)12/19/2004 9:29:00 PM
From: Rockyford22  Respond to of 108708
 
Ideas on energy stocks?

Here's what I own: PXD, KWK, TGA, CNR, ASPN.OB, APXYF.OB, SME.V, POU.TO, BVX.TO.

Hard to say which ones are buys at present. ASPN and SME have been going up lately.

PXD IMO is probably the best value, but investors don't seem to be interested.

POU.TO is going to split into a royalty trust and an E & P. They are finding some large gas fields in the MacKenzie Delta.

Opinions on these or other energy stocks welcome.


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