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Strategies & Market Trends : Strictly: Drilling II
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To: Frank Pembleton who wrote (9201)3/10/2002 11:04:40 PM
From: Cogito Ergo Sum  Read Replies (1) of 36161
 
Hi Frank,
I'd have to agree on the Walmart vs Zellers although for the life of me I don't know why. My experience with Walmart is that it's crappy stuff and good stuff and like anything else you need to know your price. I really don't see what all the fuss is about once you sit down and really compare. I'll shop at Walmart for loss leaders like the film development etc...I still shop at Zellers also because I often get better prices or different selection. My feeling is that Walmart is still 'trendy'. People with dough go there too 'cause it's chic, and their service is pretty good. The trend is definitely with them.

I'd not put any store at all though in the so called Sears specials. They've been doing this for years and years. It's standard operating procedure. Never buy anything in the tool department especially with their brand on it at full price. You are overpaying. I have a deluxe wet vac, radial arm saw, compound mitre saw, cordless drill etc....all at half price over the years.

recap: Bought and sold PWI.UN, Bought more PGO but sold 1/3, will likely buy more on weakness. Bought back RGLD in vt's shadow. Sold PFN and will look to reload, I'm not sure I shouldn't have kept half. I had a stinky bid in on NT @ 9.35 ;o) Looking at some of those junior energy stocks.

regards
Kastel
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