From: Bill Lucy 

In article , email{at}from_Gary_Britt.org says...
> Retirement systems invest for safety and not so much growth, and managed
> funds aren't buying oil stocks today.

Wrong. Absolutely, positively everlasting.

If you have access to Principia or ICE, you would find that there are quite
a few managed funds are buying oil stocks today.

I just checked one balanced mutual fund I've followed for years. There are
two oil stocks (1. Exxon Mobile and 8. BP) in its top ten holdings, and its
two largest buys in the 3rd quarter were oil stocks (Exxon Mobile and
Chevron).



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