Larry Bellehumeur

Oil Above $50 and Still Has Legs - Cramer

Scares me a bit that people are starting to pump up oil too much, too soon. As much as I am a believer in the long-term bull case for Crude, you have to look at the large stockpiles that have to be widdled through. I do believe that Oil should rebound more in the 2nd half of 2009, as Stimulus project use a lot of Diesel (Generators, Machinery and Worker Trucks). As well, many that might have flown to a more expensive vacation will chose to drive in the US Summer Driving season.

Watch for Oil to fully recover (north of $100) sometime in 2010, when the BRIC countries resume their long-term middle class growth plan.

Larry

Four Oil Giants to Keep an Eye on - Barron's

Wonder if one of these big boys will take a shot at some of the cheaper Oil Sands plays now, such as Suncor or Canadian Oil Sands?

Do Stock Screeners Work? Three Inexpensive, Reliable Energy Plays

244491 -- Bonjour, Monsieur....In regards to your last point, I tend to stick to safer methods, call it conservatism, if you will. I do use some Double exposure ETFs for things like Gold and Oil Prices, and have had some decent success (these are ones where you get $2 for every dollar that oil falls, if you choose to be a bear. You also have double the exposure if you are wrong).

As for Gold, I think that the sell-off was warranted, but has also been overdone. This tends to happen when large funds take out their money from a sector....just look at what is happening in the Fertilizer area now. Nothing has changed dramatically on Potash's business, but their stock has had a major correction.

Cheers...Larry