A question from Muntazir who has left a new comment on your post "The Perfect Trade?":Is it ok to buy XEG now.
Thanks
Monty
Answer:I would avoid the XEG (TSX Energy) because it is currrently under-performing the XIU (TSX60 Index) - The problem here is the XEG is a bad mix of energy trusts, O&G producers, integrated and oilfield services co's. I am now only interested in the oilfield service co's so some stock picking is needed
Bill Carrigan
Monday, January 18, 2010
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2 comments:
Hi Bill,
Any further comment on CDV.to from your Oct 8th, 2009 blog comment?
Oct 8-Jan 18, CDV is up 28.85%.
Looks like the money is still flowing into the stock.
Thanks,
Steve
Hello Steve
I still like CDV for several reasons - the small caps are on the move, the monthly cycle is youthful and the money-flow numbers are strong on the weekly chart. A move over $4 will be a break above a 2-yr base
Bill C
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