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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Taikun who wrote (26530)3/7/2005 1:38:42 PM
From: Proud Deplorable  Respond to of 312307
 
You're right. Until I get a better understanding of this sector I will go with the long term belief that shortages will abound and that even if things look toppy at the moment that this is the place to be.

"Saudi fields in decline and oil stocks flush with cash."

"When the world is running down
You make the best of what's still around
When the world is running down
You make the best of what's still around"

Sting



To: Taikun who wrote (26530)3/7/2005 2:00:05 PM
From: rubbersoul  Respond to of 312307
 
< Well most analyst targets have been set at $32 oil. For example, at $52 oil, WTO.TO has a target of C$140>

Even at $42 oil many junior energy explorers will do extremely well.

<Turn off your computer and go to the park if you have to. Sit on your hands. (Unless, of course, you want to daytrade this stuff)>

Good advice.

JH


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