i am adding PWE to both the Long Set-ups and Active Trades categories as well as the Long-term Trades category.  PWE was chopped nearly in half from it’s 2012 highs but looks to have found some support at the recent lows and might be carving out a bottom here.  although i never buy stocks solely for a high dividend yield (as dividends can be cut at anytime, causing the stock to plunge), PWE does currently offer a very attractive yield, which makes this a decent candidate for a long-term swing trade or investment.  my preference is to buy the high-yielding, longer-term trades in my IRA to avoid the tax liability from the income generated.  also keep in mind that PWE is a canadian oil trust, and as such, might have additional tax implications for US citizens holding the stock in a taxable account (as dividends from most foreign stocks do).  stops below the recent lows, targets marked on the weekly chart but a significant amount of the potential gains from this trade (if held as a longer-term investment) would come from the dividends, assuming they are not reduced significantly.