sixty minutes, page-49

  1. 11,223 Posts.
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    Agree the oil price had a significant premium built inot it through hedge funds and traders

    but there are also very real decreasing supply and increasing deman fundamentals behind the price

    Oil may lag for awhile but it will increase again

    also watching the banks and see what comes out of the reporting season

    Based on dividend yields they are looking very attractive, provided of course earnings do not take to much of a hit and dividends are maintained at or near the current level.
 
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