AFTER PARKING MOST OF MY NEST EGG IN VERY CONSERVATIVE INVESTMENT ACCOUNTS THERE WASN'T MUCH TO WRITE ABOUT. TPCI IS BACK WITH SOME THOUGHTS AND IDEAS, OTHER THAN INVESTMENT IDEAS, TO SHARE WITH CANADIAN BOOMERS, RETIREES AND SNOWBIRDS.


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Wednesday, September 1, 2010

Nat Gas. The Only Loser Today!

Europe, Asia, US Futures, oil, gold all UP! The only thing that's down this morning is that perennial loser natural gas. Methinks it's time to review the Encana (ECA) holding.

After dipping below $72 yesterday, on US weakness, oil bounced back overnight supported by positive numbers for China's manufacturing sector. I wonder when (if) weekly US oil inventory figures will stop driving the price of oil.
Posted by Stuart Gauld at 5:45 AM

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