Monday, October 27, 2008

Slow Day

Not much to tell today. POT dropped and we may have to hold onto this one for a while but thats ok. The forex market has such huge bid/ask prices that I didn't even think about trading it today. I am looking at buying some energy income trusts if the price gets down to where I want them to. With a yield of over 20% its hard not to load up on some of the best oil trusts around. Enerplus Resources and Penn West are the two that I am looking at buying but I may have to be patient about it. The dow was up 200 points for a while today and ended up down 200 while the tsx was down 700 to close under 9000 for the first time in 4 years. Ho Hum, just another day in the markets.

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