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

To: Paul Senior who wrote (3974)	5/1/1998 10:56:00 PM
From: Scott Mc	Respond to of 78814

Paul, I know what you mean, can sometimes be tough buying until they start to move, although over the last week I've been putting a large positions on a oil company which I feel is very undervalued, if there was an easy way to hedge oil on the downside I would feel more comfortable. I won't mention any names, and I usually take many small positions so this is out of character for me, but oils are fairly easy to value, and when you can throw a good track record in, there comes a point when Im getting $1 for 0.40 cents that I have to step up to the plate. Time will tell :) Scott PS:Noranda's done OK, let me know next time you want to investigate a Canadian company and I can point you in the right direction, probably 85% of my investments are Canadian companies, so I get a lot of practice.