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

To: Condor who wrote (26746)3/11/2005 10:12:55 AM
From: DetectiveT  Read Replies (1) | Respond to of 314006
 
Condor,

When I did a quick scan of the TGL financials, I saw the "production explosion" also.
The big question is how much further will this Oil&Gas correction drag down TGL and where will TGL be a screaming buy.
I am still learning about the O/G sector, as such what is the most appropriate index(canadian or US) to follow an E&P company like TGL.
Finally would you recommend reading the SI Natural Resource Stocks thread?
Thanks,
DT



To: Condor who wrote (26746)3/11/2005 11:47:44 AM
From: rubbersoul  Read Replies (2) | Respond to of 314006
 
I agree that TGL's earnings report looks great. Shareholder psychology may take a while to change however after the recent set back and all this seasonal weakness bullchit. I have not sold any and almost added today in the low 7s.

I raised some cash today. Sold THY, AUZ, STM (traders), and a few others. I really like THY and will get back in as soon as the smoke clears. Let's see where these energy stocks go.

JH


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