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Monday, September 27, 2004 10:19:13 PM
Bob... first off, let me comment on your 90% cash position.
Who would have thought we would be sitting at $50 crude, Iraq in a state of chaos, North Korea with ballistic missiles and here at home we've got rising interest rates, a tumbling stock market, a possible reinstatement of the draft and an incumbent president who is leading at the polls...?
90% cash, eh...? You're a wise man.
As for natural gas, yes I'm playing it a little-- you see, I've pulling my hair out trying to find stocks that are levered to oil, but the ones that I've found have already popped. My guess is that the contrarian play in energy is not the drillers, nor is it uranium, not coal either-- but natural gas. At $50 oil (if it sticks), gas should be trading at 1/6th the price-- I see upside.
But I'm trading, and not holding.
As for the paddle dock, it's just off 98th across the street from the Muttart Conservatory. And yes, I did take the shot around the Riverdale area. I have another from the 50th street bridge but the city seems to far away to recognise.
By the way, as for all the changes in Edmonton in the past 20-years, the biggest would have to be the revitalisation of the downtown core-- they've built condos to no end. The core is as much alive at night as it is in the day.
I like what they've done but,
...it makes for a busy trail system in the summer. That one trail TF was referring to is great, but you really got to keep the speed down because of the traffic. I suspect once the temperature falls, I'll be pushing that big chainring again once my fair weather friends head back to the gym for the winter.
My weapon of choice:
Who would have thought we would be sitting at $50 crude, Iraq in a state of chaos, North Korea with ballistic missiles and here at home we've got rising interest rates, a tumbling stock market, a possible reinstatement of the draft and an incumbent president who is leading at the polls...?
90% cash, eh...? You're a wise man.
As for natural gas, yes I'm playing it a little-- you see, I've pulling my hair out trying to find stocks that are levered to oil, but the ones that I've found have already popped. My guess is that the contrarian play in energy is not the drillers, nor is it uranium, not coal either-- but natural gas. At $50 oil (if it sticks), gas should be trading at 1/6th the price-- I see upside.
But I'm trading, and not holding.
As for the paddle dock, it's just off 98th across the street from the Muttart Conservatory. And yes, I did take the shot around the Riverdale area. I have another from the 50th street bridge but the city seems to far away to recognise.
By the way, as for all the changes in Edmonton in the past 20-years, the biggest would have to be the revitalisation of the downtown core-- they've built condos to no end. The core is as much alive at night as it is in the day.
I like what they've done but,
...it makes for a busy trail system in the summer. That one trail TF was referring to is great, but you really got to keep the speed down because of the traffic. I suspect once the temperature falls, I'll be pushing that big chainring again once my fair weather friends head back to the gym for the winter.
My weapon of choice:
FP........................................................
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