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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (184528)	2/17/2009 10:22:03 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 306849

I'm not in TBT yet, although I'm sniffing at it. I think it'll dip and bottoms when this leg of the equity market bottoms. Sometime in the next 2 months or so. Not lower than the prior low though, maybe down to 40. I'm looking at energy companies that will be sure survivors through the GD2, and that will leverage the coming oil shortages. GTE, which I'm in, is one of them and it hasn't moved much yet. BPZ is another. COSWF I know you know about, I added a little more of that yesterday (rebuilding a position that I sold to take tax losses at the end of last year). China starting to get aggressive about locking up oil supplies will likely cause the sector to rebound 6 months sooner than it otherwise would have. I think suppliers in politically stable areas will do very, very well in the next bull. Also selected pick and shovel plays, specifically RIG and NOV. A little soon for NG plays but some of those are getting beat to unbelievable prices (DVN and PXP).