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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks
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To: Peter W. Panchyshyn who wrote (4312)9/21/2002 10:20:59 PM
From: Lorne Larson  Read Replies (1) of 11633
 
Peter: You keep talking about "data". No-one in his right mind needs "data" to realize the silliness of a theory that postulates that the best buy is always more of the stock you already own. And your theory in this regard had nothing to do with a trading range strategy. In fact you explained that the theory was based on the fact that you had already researched the stock you owned, so there "was no need to do any further analysis". Sound stupid? Well, here it is again:

Lorne: "You have some more cash to invest and want to again invest in an oil and gas trust. Why would you at that point not analyze which trust is the better investment, just as you did when you first bought?"
Peter:------- "Because of the simple fact that if one did a proper study before hand. There would be no need to do any further analysis. He would already be in the best one he could find for his own preferences and circumstances --------------".
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