Golden Jackass Tobacco Shop

[Frank Pembleton]

Tim, I see some deals in the making. By looking at this chart it's hard to argue that "weather" is the primary driver for the energy sector.

Chart:


I've been looking at averaging my way back into some of the Alberta explorers, they seem to do quite well in the winter months-- starting at around December. CNQ is levered to heavy oil production.


Here's a chart from a company that's levered to natural gas.


Here's a chart from Canada's largest contract driller:


Anyway, as you can see, gold isn't the only game in town. IMHO, the oil and gas sector is much more tradeble and forgiving for the "not-so-experienced" speculator. By going long here-- odds are in your favour ... you'll eventually be compensated with a capital gain by just holding on if the entry point was a little sloppy. Gold on the other hand, can absolutely kill you if you insist on LTBH.

Regards,
Michael