RE: What caused the move in oil/gas s tocks todaylet me put it this way Red....and our bud ilikemoola will understand....CNQ with recent rise has become 12% of my port. WAY TOO
much. Since I'm at this point playing sectors I have other investments. I own a large chunk of Sprott CDN fund plus the Energy fund and Precious Metals fund. Now if the CDN fund is more than 12% it's OK. Now I know many will take me too task for owning a fund...and I certainly have no love of the mutual fund industry. But fact is after years of looking around Sprott represents my views at
this time. Anywho owning 15% in a Sprott fund given diversity of the fund is not the same as owning 15% in CNQ. And truth is...and it's a reasoned gamble.....if you ever make any serious money in this game
your going to have to be overloaded in the sector of your choise.
And PS. Tech stocks are not coming back.
Regards cv