Traders Cooperative

[See Shasta]

Something a little more on-topic...

I found it interesting that in the June issue of "SmartMoney" that proclaimed contrarian, Dave Dreman had DVN and COP among his picks. They were at $60.16 and $67.31 respectively, at the time. He liked the "enormous cash flow" of the oil companies. Also noted was the reduction in debt as a % of market cap in DVN and the low PE of COP.