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In our current Report we feature our pick for the No. 1 stock in the country.
Oddly enough, it is also excessively undervalued , and is also one of the biggest bargains in Canada.
To get this Report (free, no obligation) just send us an email at fraserratings@yahoo.ca
Mid week this week, the energy index got down to 77 for one day; the high this year was 95; the decline is almost 20%. Is that enough ? We are inclined to think that it was; our main reason is that the big oil and gas producers were selling at close to three and a half times estimated cash flow for the next 12 months.
We will have more on all this in our Report next week. If you would like our next Report emailed to you free just send us an email at fraserratings@yahoo.ca
One of the most rewarding sectors for investors has been the Canadian financial sector.
We have just completed our new ratings for the five big banks and Manulife. To get this Report look up our website at www.fraser-ratings.com
We can make two reasonably clear observations from a study of this chart:
(1) The U.S. dollar likely saw its low at $80.00 in late '04 and early '05.
(2) The Index is now on the right shoulder of a bottom head and shoulders pattern.
To get the chart free (no obligation) contact us at www.fraser-ratings.com
Mr. Buffett is reported to have a massive currency position based on the U.S. dollar going down like a large block of lead in a free fall ? Our Report this week shows a chart for the US dollar index, for the past 21 years.
This chart clearly suggests that the US dollar saw its low last year. And that the next major move for the US dollar is up, not down.
Just email us at fraser-ratings.com and we will send this chart and our Report to you free and no obligation.
