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

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To: Lorne Larson who wrote (4304)	9/21/2002 8:58:01 PM
From: Peter W. Panchyshyn	Read Replies (1) of 11633

Very poor example. You're assuming the person bought again at Luscar's low. What if he had bought at $10, and than had more money to invest when Luscar was at $8. Under your theory he should have bought more Luscar. ------ You should recheck my theory I said one buys accumulates according to a low range. When the price is in that low range you buy staggerring your investments. So while you are correct he could have bought at $8 . It also means that he would have bought more when it was $2. So while a $8 - $5 or 37% loss on that side on the other side of that would be him buying at $2 and the price going up to close to $5 means a 150% gain from that. DO THE SIMPLE MATH HE'S AHEAD PURE AND SIMPLE. ---------- What if he than had no money to buy when Luscar was at $1. ---- I did its documented in the past postings. And I do because I do not buy in the high ranges of the cycle. I have a good high steady stream of high income coming in every month that builds and builds from a number of trusts. And I have considerable leverage with my investment line of credit and margin accounts. And as I say one staggers his purchases downward. So since I did anyone can. Its that simple. PERIOD. So you say IF he doesn't have the money to do it and I show he can and does because I really did it. NO IFS THERE. IFS ARE FANTASY AND BELONG WITH YOUR DOCUMENTED TRADING LIES------------------ Fact of the matter is he should have bought something else instead of buying more Luscar at $8. Your theory is just silliness. I'm actually becoming embarrassed for you. ------ The net return says it all. And net he is ahead of the game. Well ahead. And saying he could have bought something else instead of showing a real ex of what he could have bought to deliver a triple digit gain is embarrassing for you. Please post the real world ex of a trust at that time that delivered a better net return. YOU CAN'T OR YOU WON'T. SO UNTIL YOU DO YOUR BLOWING AIR. COME UP WITH FACTS AND DATA NOT THIS GARBAGE OF YOURS AND SAYING IT PROVES YOUR CASE IT DOESN'T. AGAIN PERIOD.-----------------

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