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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: kidl who wrote (198166)3/16/2011 10:36:19 AM
From: 31Floors  Read Replies (1) | Respond to of 314078
 
PBG was good to me too. I came across it at $3, didn't move until it was $8 but it paid off well. My worse mistakes came pre PBG buying Paramount POU at $8 and selling at $22 missing out on the spinout of, what 4, 5 companies and income trusts including TET.UN, PMT.UN, NA OIlsands. Right up there in the anals (as in anals) was buying a whole bunch of Cathedral at $1.35 and selling after one questionable quarter, one lousy quarter - it had a 20% distribution at the time - and missing it running to over $20+ all the way puking out distributions that I couldn't bare to look at. That's the thing w/ investing, you might remember the good ways but you never forget the real bone head moves, seems to me.

The other thing that came to my head following the stories out of Japan was, talk about recalibrating that term 'don't sweat the small stuff'. You can be sure that there is a lot of worry going on in China now, which has its own share of earthquakes and we all know about their plans. Remind me again why I am light on crude no pun intended.



To: kidl who wrote (198166)3/17/2011 12:16:45 AM
From: daveinmarinca  Respond to of 314078
 
"Good things may come but not for 6, 9 or 12 months." ...not so sure it will take that long....from the Wright interview/clip today <http://watch.bnn.ca/#clip434324> preheat steam in four air injection wells...no need to preheat production wells....i'd not be surprised to see production news for the AGM May 25.