5 replies to this topic

[Cirrus]

Own and buying dips only. IMVHO they are going to have a big run into Jan.

[claire]

Own and buying dips only. IMVHO they are going to have a big run into Jan.

[u]

which are your favorites? thanks

[atlasshrugged]

Own and buying dips only. IMVHO they are going to have a big run into Jan.

do you know whats wrong with PNP.to?

how can it be going down when the uraniums are going up?

its a friggin equity fund that invests in the uraniums????

[Cirrus]

IC--I've stayed away from the uraniums except for small core holdings in U, UUU, URRE, URC and WUC. The weekly and daily charts don't look good and the sentiment is terrible. My plan is to maybe add on the next IT market correction if the weekly charts look 'basey'. I'm very convinced we'll see some prints above 100 on CL before this winter is over. I'm heavy into energies and precious metals. I've concentrated my base metals exposure into larger positions in QUA, FCX, BN, ROK (favorite), GMO and GMI. Many of these are Canadian and I haven't included the exchange extension. It's probably more of an answer than you wanted to hear but the bottom line is that I think there are plenty of people 'trapped' in uraniums right now with other resource stocks on fire. That's a recipe for underperformance IMO for a period of time. I really don't know much about pinetree except for what you posted and the possible psychology behind uranium stocks. As for Claire, my energy favorites depend on time frame: LT aggressive (higher reward/higher risk): BQI, GPOR, HOC.to, GST (high risk but could move on high NG prices), HDY (very speculative and risky) LT conservative (moderate risk/reward): NXY (may be trading position if it doesn't get moving in the next 3 weeks), CNQ, MUR, CHK, APA, OXY, BZP, SSL I think another major bull run in energy stocks will be on the way when Bill Miller buys for his value trust. I use Miller because he's hated the sector all the way up. He's competent and a typical representative of a competant fund manager. He recently commented that he's now watching energy and thinking of buying. Just using him as a psychological tell.

[claire]

Own and buying dips only. IMVHO they are going to have a big run into Jan.

do you know whats wrong with PNP.to?

how can it be going down when the uraniums are going up?

its a friggin equity fund that invests in the uraniums????

thank you.

[ogm]

Cirrus, thanks for the list. CHK chart looks very good and CEO was buying recently. I'm also long GLNG for 19s. Liquid gas transport. Good dividend there too. Bought NM from your post yesterday, nice looking chart and stock.

Edited by ogm, 11 October 2007 - 10:57 AM.