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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (350)8/9/2005 3:13:10 PM
From: panning4gold  Respond to of 50680
 
Slider as usual great posts. You stated that you moved from the Oilpatch to Golds back in 2000 because of a better risk/reward profile. How did you make that determination from a sector perspective? Obviously I would like to start looking for other opportunities as the Gold sector plays out. Thanks for a great site. I am learning alot.



To: SliderOnTheBlack who wrote (350)8/10/2005 10:21:55 PM
From: Fun-da-Mental#1  Read Replies (2) | Respond to of 50680
 
Slider,

Hi, congrats on your thread. (I'm back after a couple years absence, since I had to cash out to help buy a house.)

Point well taken on oil. But what about supply? The flip side to the China situation is Saudi Arabia. They're supposed to have gigantic reserves but they seem to have trouble getting it up lately. How much is really left? And of course there's the political situation there.

Not that I'm buying into oil now.

Just a random thought - what about coal? But probably the bargains there have been snapped up too. There are just too many damn investors nowadays, looking for something - anything - to buy.

Like Cameco for example. It would be a great buy if only the price wasn't so high ;-)



To: SliderOnTheBlack who wrote (350)8/10/2005 10:53:23 PM
From: big guy  Respond to of 50680
 
"Many Oilpatch traders have traded 3-4 runs to OSX 135-140 over the last couple of years. The OSX today is at 165... only a 20ish% move up from multiple highs over the last few years.

We just got a bigger bang than that in the HUI trade up off of the bottom.

That Trade outperformed holding the OSX.

+ 40 for the HUI... + 25 for the OSX."

I'm not quite sure you can count this OSX run as being over yet slider. I've got a target of 240 based on this weekly OSX chart. I like the metals also.

stockcharts.com[w,a]waclyiay[d19960614,20050810][pc13!b50!f][vc60][iUb14!Uh14,3][J30585020,Y]&pref=G