Your comments helpful RKG.Have not held since 2006 but now in...

Your comments helpful RKG.

Have not held since 2006 but now in boots and all. Maybe many more if it goes below 80c.

If the DY can be maintained it's a steal with int rates where they are at the moment. A good mt hold imo. I am not sure why the instos would bail at this anyway. Pension funds are not traders and most investment funds heavily invested would not dump unless danger signals are flashing.

Traded them in 2006 successfully in the 200's. Have to be cheap risk now. Infras a good trade now because mistakes do better in the bottom draw at 12%+ returns than the average mining disaster.

Most infras like ENV, AIX, DUE, SKI, MIG, MAP (especially) have come off the bottom quite well since 1/09.

Oversold RE shares looking good also atmo.

Remember also the maxim: Gear today gone tomorrow. But it does work when yields are high and sustainable.