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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (34049)4/29/2008 12:39:17 AM
From: energyplay  Read Replies (1) | Respond to of 217837
 
It maybe time to carefully LOOK at REITs - see the ones with good properties, not overleveraged balance sheets, etc. There are REITs in many countries.

Oil prices seem to be pushed up by a series of infrequent events - strikes at a pipeline in Scotland, possibly excessive violence in Nigeria - maybe foreign influenced ?

With gasoline over $4.00 in the US, we may see the effects of conservation.

Oil may be near a top around $120.

So I may be looking to cut back on oil and gas at some point - but CanRoys etc. have been very good to me.

Or maybe this is a time to hold and sit and wait.