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

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To: Lorne Larson who wrote (4333)	9/23/2002 11:06:34 AM
From: Peter W. Panchyshyn	Read Replies (1) of 11633

Assuming that you did not switch, but continued to hold PWI (which is what you have stated is the proper strategy in numerous posts over the last 8 months) ------ You state here that my strategy is to just "continue to hold " (according to you no buying on weakness or buying more) and that that is said over all my past postings. Well lets see if that is correct. Or if I do indeed say accumulate on weakness lowering ones cost base in those past postings ----------- Message 18021883 ---- Interesting that in the above past post you acknowledge that I lower my cost base by buying more. But now flip flop to say that I don't do that. Which is it??? you change your story so fast when your proved wrong with it --------- Message 18019956 ---- Interesting that in the above post I explain my strategy to you as I did to Scott he understood said it was simple enough. Where in that does it say just hold and don't add or dont buy more. Later on you acknowledge that nothing wrong with it and better than most --------- FIP FLOP ----- Message 17790739 Message 17454012 --- from the above ------------ I currently am not buying anymore trusts. Having bought MUCH on the way down and am just sitting by enjoying the rise of the last several months and the income. Have already made arrangements and gotten my increase in investment line of credit. To use in special situations (rights and warrants) or on a pull back when it next comes. To repeat the whole thing all over again.--------------- Message 17169656 ------from that post """"I guess that all depends on who you ask. What they look at. What they do or have done. And what their time frame is. For myself that trust is well into more and more gains (from lowering of cost base with the accumulating on weakness of the last several months and the recent rises we have been enjoying) and I got good high current income the whole time. HARDLY THE WEAKEST. -------------------""" ---- Now where in the above do I say I just buy and hold as is always the case its accumulate on weakness lowering ones cost base and enjoying the rise from that ---------- Message 17161376 ---- care to look at that post above """With my accumulating on the way down from acceptable levels according to my method ( post # 1998 ) and the recent big moves from the lower levels of the past few months. As well as my recent rights plays (EIT). My portfolio of income trust holdings is at new record high levels"""" -------------- Maybe not forever. But considering where we came from, back at SEPT 11 2001, when the terrorist attack sent everything into a tailspin. The recent ride up has been enjoyable and profitable. The key is to take advantage of the falls when they come. Ignore the doom and gloomers. Let those who missed out at the lowest levels chase after the rise as long as it lasts. See how many get stuck buying just before the next fall. I'll collect my increased income from my accumulating and rights plays of the last several months. Keeping an eye open for some special situations or opportunities going forward. Then do the whole thing over again the next time around. All with the same great results. As I like to say ITS DOCUMENTED. """"" CARE FOR MORE THERE IS MUCH MORE

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