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

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To: Peter W. Panchyshyn who wrote (2442)1/20/2002 1:44:08 AM
From: Goldberry  Read Replies (1) of 11633
 
Peter with his facts wrong again

Quote from P.P. "Another of your superior traders Graham. Over the holidays made quite the claim of his own. Selling PWI at recent highs. Too bad in that case, a month earlier he was crying about the steep fall and how management should be sued for what they had done, he said he had lost all confidence in them. Yet instead of telling all here when PWI fell below $6 to buy he was dead silent and only after it climbed and reached its recent highs did he magically sell his holdings at a profit."

Peter maybe you could point me to a post where I said I sold my PWI at a profit? Actually I lost on that trade. Why would I suggest to someone to buy a stock in which I have lost faith in management just because it went below $6.00. I consider myself fortunate that it bounced back up and I was able to get out at just below my cost. For what its worth if you read my post you will see that I rolled those funds and sold a major portion of my hr.un buying mrt.un at just under 8.20 a share. You can look up my post and the prices of these stocks and you will find that the 2 I sold are now below my selling price while MRT.un is trading at about 8.80.

You implied that I am a trader which I am not I buy and hold stocks based on what I perceive to be the outlook near mid and long term. I have already admitted that I made a mistake nibbling back into the oil and gas trusts to early (in my opinion and thats all that counts when it is my money to lose) I consider myself fortunate enough to have been able to get out with a slight profit overall thanks to avn.un. I am still concerned that we may see further dividend cuts which will mean lower prices on the oil and gas trusts.
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