Hurrayyyyyyy Peace… ps, i’m not a hippy :)

(For some reason i was thinking of the commercial w/the slogan ‘Hurrayyyyy Beer’ :)

Anyway, back to serious business… Israel is giving up parts of Lebanon to the U.N. This means more stability toward geopolitical instability, which means oil prices are going down.

Add the fact that peak driving season is ending, and we are looking at the price of crude to settle around $67 per barrel.

So, this obviously means i’m bearish on energy plays right now. But surprise, surprise… i’m about to recommend a energy stock: BPT.

BPT is an energy trust that has taken a big hit due to the BP pipeline issue. (The name of the trust is Prudhoe Bay Royalty Trust, enough said :)

My point to this blabbing is that BPT may revist 73 due to the weakness i’m anticipating in crude. But once (or if) it does, buy it because economic growth is still here (as i pointed out in my previous posts… see the tag for economy) and energy demand will continue. The beauty of BPT is that it yields about 13% (at current price). So u can sit back, relax and collect the huge dividend. (just make sure u sell before a threat of recession)

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