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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks

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To: stan_hughes who wrote (1729)10/30/2001 11:28:09 AM
From: Goldberry  Read Replies (1) of 11633
 
For those that are followers of the REIT's I have been taking the opportunity to lighten up in these which I have good capital gains. There maybe some room left but I believe its time to take some profit and pick away at the Oil and Gas trusts which are at the opposite end of the cycle maybe not at the bottom but getting there.

I especially got worried about REI.UN today after reading they just spent some more money on properties and it would'nt surprise me to see them do an issue as H&R just did to get some cash. If they do look for this issue to be in the 10.75 range or lower.

Just my opinion and I have been wrong before.
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