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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (21454)6/14/2005 7:03:42 PM
From: Broken_Clock  Read Replies (1) | Respond to of 78851
 
Paul,
just to get some clarity here....

Would "a bit" be more than a few shares or less than an exploratory position OR would be it be more than an exploratory position but less than a few shares.

I'm getting confused!

-g-



To: Paul Senior who wrote (21454)6/14/2005 7:40:29 PM
From: Grommit  Read Replies (1) | Respond to of 78851
 
ABFS - I sold mine last Monday. Convinced of peak oil, I moved the money to BNI.

During the past week I bought more SU, NXY, CNQ, PCZ, and others. Still have HELE. After 2 years, it is at a slight profit. Bought some Uranium. My non-income stocks are 52% oil sands now. 67% if you add in coal and other energy stocks.

Housing has recovered, but all I have is some RYL. I know you are hanging in there on housing.

..................................
The secret is out now -- OPEC cannot keep up:

NEW YORK (Reuters) - Crude oil surged 4 percent Monday as... OPEC ministers signaled the cartel is powerless to rein in runaway prices with an output hike... Iranian oil minister Bijan Zanganeh said OPEC was helpless as it was producing very close to full capacity. "We are worried about it, but we can't do anything," he said of the price. "Prices will remain high until 2006 or 2007, as there will be no excess capacity in the market until then."

me: actually, he is a bit off -- 2006 and 2007 will be worse.

grommit