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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Bread Upon The Water who wrote (144378)1/31/2011 3:54:04 PM
From: Jacob Snyder  Read Replies (3) | Respond to of 206338
 
Thanks. I'll look at ENY and WCAT.

Since I already have a large BP position, I'd rather not add more Oil Majors, or more risk in places like Russia or the Middle East. I'm also thinking the runup in stocks due to higher oil prices has mostly run its course, while a runup due to higher natgas prices is still ahead of us. So, I'd rather buy natgas than oil, and I'd rather buy in companies that operate in politically stable areas.