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

To: Spekulatius who wrote (38450)	7/6/2010 8:11:55 PM
From: E_K_S	Read Replies (1) \| Respond to of 78748

Hi Spekulatius - I was also looking at an oil trade today but ended doing nothing for now. Did you sell your MRO or TOT to buy your CVX? I am looking at peeling off some shares of my COP and buying more XOM. My COP is up over 20% vs XOM and this would allow me to build my XOM position. I like XOM for their recent NG buy in XTO Energy. Earlier this year I sold some CVX to buy COP and XOM. After my proposed COP trade, I will have equal amounts of COP and CVX and my XOM would be about 60% that of my COP or CVX. These three companies represent about 14% of the portfolio. I am also looking at adding to my CNX but their dividend is the smallest of the group. They recently purchased Dominion Resources, Inc.’s Appalachian natural gas properties for $3.48 billion in an all cash deal. The deal will give CONSOL a leading position in the Marcellus Shale field. ( benzinga.com ) Here are my four energy plays that I recently (w/i the last 12 months) been adding to. finance.yahoo.com EKS

To: Spekulatius who wrote (38450)	7/6/2010 8:59:51 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78748

BLX. Once a key holding for me and among my largest positions, currently I have BLX only on my watch list. Company surprised me (discouraged me) with dividend suspension, and then after reinstallation, a cut. Major BLX owners are or were South American banks, and their interests might be different from small outside shareholders. BLX finances trade, so as trade between countries like Brazil and USA/Asia increases, I would expect BLX to do okay or well. Not sure where I want an entry point; maybe somewhere around here @$12/sh is about right to start a small buy.