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

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To: Lorne Larson who wrote (4326)	9/22/2002 8:55:46 PM
From: Peter W. Panchyshyn	Read Replies (1) of 11633

Your example is completely senseless. In the PWI situation the question was whether to continue to hold PWI or switch to another trust. There was no issue about spending more money. ------- So now you go from attacking my theory as I state it to something else entirely. The edited posts you bring up deal with my theory that you buy more accumulating on the way down and benefitting from the rise. PWI clearly shows that. Your trying to change the discussion because the overwhelming data refutes you. PURE AND SIMPLE. JUST MORE OF YOUR WORD GAMES TO SIDESTEP THE DISCUSSION ------------ Yet in your ridiculous example you have "Person A" buying 5000 MORE shares. ---- Because my theory says that you buy more. ITS THAT SIMPLE. And what cant you understand that buying 5000 more means doing just that buying more as was stated by my theory. AS YOU SO GREATLY HARPED ON OVER AND OVER AGAIN. THAT IS NO DIFFERENT WHAT SO EVER FROM THE MXT OR THE LUS CASES. ITS THAT SIMPLE----------- Cannot you follow even a simple line of argument? ----YOUR CHANGING THE LINE OF ARGUMENT. First its you arguing that buying more of the same trust is wrong. Then when I show it wasn't for LUS and your MXT and now your PWI then you claim thats something different. YOUR SUCH A SORE LOSER ------------- Here's how it works: An investor holds 1000 shares of PWI which he bought at $7.00. The units fall to $5.80. Should he hold or switch to another trust? ------ SORRY BUT THAT IS NOT WHAT MY THEORY SAYS AND WE ARE SUPPOSE TO BE DISCUSSING THE THEORY. MY THEORY SAYS THAT YOU BUY MORE AND WHEN YOU DO THAT YOU CLEARLY COME OUT AHEAD AS MY NUMBERS SHOW PERIOD . 13.5% is more than 11% PERIOD----------------- Option A is to hold on to PWI. He does so and PWI increases by 25% from $5.80 to $7.25. His position is now worth $7250 (1000@$7.25). -------- YOU TOTALLY ELIMINATE WHAT MY THEORY SAYS ABOUT BUYING MORE so it really is as I said 6000 shares at $6.16 (his average cost) which nets $42000 - $37000 or $5000 or 13.5%------------- Option B is to sell PWI and buy something else. He sells his PWI for $5800 and buys 725 PVE at $8.00. PVE increases by 37.5% to $11.00. His position is worth $7975 (725@$11.00). ----- Playing a little numbers game here which I addressed previously YOUR NOT USING AT THE THEN TIME NUMBERS AS THIS CLEARLY SHOWS Message 17640954 """""-------- From my post siliconinvestor.com. we have using the real past trading numbers for the trusts """""----- L sells PWI at that 15% loss. He has $5950 left from his original $7000. He buys ERF which at the time of the switch ,mid dec ,is $24 which gives him 248 units. ERF is now $26.95 He now has $6681 6681 - 7000 is -$319 or -4.6%.------- ----- Lets do another. L sells PWI at that 15% loss. He has $5950 left from his original $7000. He buys NAE which at the time of the switch, mid dec, is $9 which gives him 661 units. NAE is now $9.85. He has $6512 6512-7000 is -$488 or -7.0%. ------- ----- Yet another, L sells PWI at that 15% loss. He has $5950 left from his original $7000. He buys PVE which at the time of the switch , mid dec, is $8.25 which gives him 721 units. PVE is now at $10.60. He has $7645. 7645 - 7000 is +$645 or +9.2%.-----""""" """""------ Now your claim was that for just about all trusts you listed a person would have made money switching. Well clearly 2 out of the 3 would have lost money according to the real trading numbers at the time of the switches. YOUR WRONG. -----""""""" This is not a difficult concept. Any reasonably intelligent 8 year old could figure it out. Unfortunately it seems to be way beyond your capacity. To repeat it in as simple a manner a I can: Whether the switch is good or bad depends on whether the stock you switched into increased by a higher % than the stock you formerly held. ------- Now what you fail to understand is when you attack my theory you stick to that theory AND THAT THEORY SAYS YOU BUY MORE. LOWERING COST BASE. YOU DONT JUST IGNORE THAT AND THEN SAY WELL THE PERSON DOESNT BUY MORE SO HE IS WORSE OFF. JUST ANOTHER PRIME EXAMPLE OF WHEN THE NUMBERS PROVE YOU WRONG YOU CHANGE THE DISCUSSION. CANT DO THAT. THATS NOT PROPER DEBATE. BUT THEN SINCE LIES ARE YOUR AMMO AND THATS ALL YOU REALLY HAVE YOU CANT DO MUCH ELSE CAN YOU----------

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