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

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To: Lorne Larson who wrote (3714)	7/24/2002 10:21:05 AM
From: Peter W. Panchyshyn	Read Replies (1) of 11633

Now you can perhaps explain why buying NCN at $18 was a good deal, but buying POU at $15 was a bad deal. -------- Thats an easy one because I am in these for the long haul. And I follow a proven strategy. Now as for NCF you will recall I bought on the way down to the $10 range from that the historical evidence shows it rose afterwards to the $14 area. Now compare that to you. You bought POU at $15 its dropping like a rock. Your a trader whose tapped out with this being bought on margin account. How long will it be before you are forced to sell or get scared to sell.? AT A REAL LOSS. BIG DIFFERENCE. ----------------- Ah, but I forgot. You haven't lost anything because you haven't sold. Peter you should really phone in to ROB TV tonight and explain your theory about this to all those poor Nortel and JDU investors. ---- Back to your characteristic apple to orange comparisons. How much high monthly income does NT or JDL pay out each and every month. And since I am in for the long haul I can wait for the cycle to go to its highs again because that is what it does each and every time -------------------- I'm sure it'll be a huge relief to them. You've been touting NCN for a long time and I trust the average joe didn't pay attention to your idiotic advice. ----- Actually a few did. And they enjoyed buying (accumulating) at the lows and watching it recover to give them gains and high income. They'll stand pat to do the exact same thing and get the same benefits later on. ------

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