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Don Vialoux iShares Oil Sands Sector ETF CLO-T TOP PICK Mar 10, 2009

Canadian energy sector has done very well from the end of January to the end of May. Has worked in 9 of the last 10 periods. Technically has formed a nice base and is starting to show some possible income. Momentum indicators have just started turning up in the last couple of days.

Don Vialoux

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$10.930

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PAST TOP PICK

(A Top Pick Jan 16/08 to be Sold May 20/08. Up 34%.) Energy stocks go up from around the end of January through until the end of May.

PAST TOP PICK

(A Top Pick Jan 16/08. Down 48.1% but up 30.3% if you sold in May as he suggested.) Key thing with oil sands stocks is to look at what is happening with the price of crude. This is actually bottoming and when it gets above $50 technicals will be achieved. Horrible 4Q earnings are coming, so wait until they are finished.

BUY

Oil Sands Sector ETF, which tracks oil sands companies.

TOP PICK

The period of seasonal strength is from the middle of February right through until the middle of June. Chart shows a nice basic pattern with a breakout and looks like it is in gear to move significantly higher.

HOLD

Has no issues with it.

PAST TOP PICK

(Top Pick Mar 2/12, Down 12.68%) Oil stocks started moving at the end of January but then started to under perform the market, so he got out.

PAST TOP PICK

(A Top Pick March 2/12. Down 15.42%.) (Note: His Picks are never on a 52-week basis but on a short-term seasonal basis. However all 3 of his picks failed as seasonal trades. He liquidated all 3 around the beginning of April when the technicals started to turn negative.

PAST TOP PICK

(A Top Pick March 2/12. Down 17.79%.) Did not work. Units started moving lower and broke below their 20 day moving average.

COMMENT

Like BMO’s ZEO-T and iUnits’ XEG-T, these are good assets that have been beaten up and he sees no reason why not to pick some up here, if your profile is fairly aggressive.

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Don Vialoux iShares Oil Sands Sector ETF CLO-T TOP PICK Mar 10, 2009

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