OrgonDude

Total Rating:
0 / 0

3 Comments

    • Thu Mar 6th 00:01 AM | Rating: 0 0
      Commented on:
      Outlook for Oil: 2008 Thus Far and a Preview of Coming Attractions
      Right on, jt! I, too, have seen that same "bunch of lemmings who do neither DD nor have any kind of a plan other than to "get rich"..."to da moon!!"

      Repeating success in the market, during both good times and bad, takes lots of dedicated DD and thinking outside the box. We'll talk.


      View article »
    • Wed Mar 5th 00:29 AM | Rating: 0 0
      Commented on:
      Time to Get Serious About Utilizing Short ETFs
      I have owned many of these UltraShort ETF's over the last four months - a proven downward trend.

      One use is as a hedge. I bought the EEV to "hedge" against my prised emerging market mutual fund that is now closed to new investors and carries a penalty for early sale. When I feel global growth resuming I will drop this hedge without disturbing my coveted long position.

      Lately I have soured on the market outlook for the forseeable future and have loaded up on SRS, SKF, FXP and TWM on dips. This has been very productive so far. My theory is that if I can short the worst sectors while staying long a few select stocks I really believe in, I can be green almost every day. Volitility is greatly reduced and on occasion both my shorts and longs are up for the day. And yes, it has been a successful strategy especially factoring in my restful nights!

      Most recently I have added DGP (brand new, Ultralong Gold Index) to the fold as I feel inflation and a lower dollar are almost a certain trend for months to come. I slowly adjust the ratio among short ETF's, long stocks and gold to match my short term perceptions of where the market is heading and sometimes I get it right.

      In your last paragraph you touched upon perhaps the most important point of all. I have recently concluded that (with the recent introduction of these short and ultrashort ETF's) no portfolio can be truly diversified unless it contains some form of shorting. Seriously, in the year 2008, how can anything less be labelled diversified?
      View article »
    • Wed Feb 27th 21:35 PM | Rating: 0 0
      Commented on:
      Oilsands' Quest to Become a Major Canadian Producer
      Yes, indeed, extracting oil from the oil sands presents major environmental obstacles. In the case of above ground mining where land is stripped and tailing ponds extablished, the obligations of the oil sands mining companies is to contribute funding to restore the lands once mining is complete - often decades in the future.

      However, in the case of Oil Sands Quest lands in Saskatchewan (and a small parcel in Alberta) all extraction will occur deep underground using horizontal drilling techniques which will minimize above ground environmental damage. Using massive amounts of water and natural gas for steam will impact the environment to a degree plus roads and drilling footprints will disturb a portion of the natural terrain.

      There are promising, new technologies just around the corner that may lessen the impact. Among these are the use of solvents and a controlled burn method by Petrobank Energy called THAI (still under test) which may yield near double the net oil while consuming less resources.

      Once again technology will come to the rescue coupled with mandated controls and regulation. At $100 a barrel oil the economics can support minimum long-term environmental harm while providing sustained economic benefits. Canadian oil sands are the holy grail for U.S. energy dependance as the bridge to alternative energy solutions still decades away. The oil sands can be a win-win proposition for nearly all parties if properly developed.
      View article »
Loading...
Symbols:
Authors:
Quick Links:
Contribute an Article Become a Seeking Alpha Contributor

Transcripts

More Transcripts»