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Jagman

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Jagman

Re: frankie1221 post# 859

Friday, 11/11/2005 7:57:47 AM

Friday, November 11, 2005 7:57:47 AM

Post# of 1197
frankie1221, good points...have to think long term on energy. Buying ops when "warm weather" drops NG demand, etc....I'm considering a "trading" amount in the sector just to take advantage of the short term volatility, but hold a core position. Seems God put most of the world's oil in the hands of the crazies, so political unrest is a big factor in the sector.....there are potential new oil discoveries in the third world countries, but many companies don't want to take on the risk involved dealing with local governments and people.

Cash is King until further notice!!!

My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.

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