We owned just those Canadian Oil Sands Trusts you mentioned (CNQ, PWE) for quite a while. But with an economic slowdown/recession looming and oil in what I think is a bubble, I actually see a lot of risk in those shares. I sold them way too early (early '07) but I wouldn't buy them here. CNQ especially has had a wicked run the last few months. I think it has a lot of air to come out if oil cracks.
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