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

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To: Peter W. Panchyshyn who wrote (4722)	11/7/2002 11:45:55 AM
From: gg cox	Read Replies (1) of 11633

Peter, you said, ""I know its not Lorne. By way of that very exchange in that posting. And I also know that a few of the lurkers to this forum were taken by my insights from that discussion of LUS.UN and MXT.UN and NT and my strategy. That they told me they took that as good enough evidence for them to risk buying NT between $0.67 and $1.00. Things like that are real time proof positive of my strategies success. Lorne or other superior traders can not hope to match that and don't or can't or won't. And that shows how successfull they and their strategy is. -----------------"" Regarding your strategy of buying on weakness..I don't think it apply's to NT..I know a guy who bought NT on weakness all the way down from 80 bucks a share.. was retired..now divorced..now forced back to work at a low paying job to pay for his foolishness... he didn't have anything left to buy NT between 67 cents and a dollar...I heard the other day of a doctor who bought NT at $60 ..5000.. and still holding...gee I wonder if he bought on the way down at $30??.. $10...etc...I took a loss on NT and it is already written off and wouldn't buy NT at 50 cents a share ...but that's just me. gg PS that divorced guy described above now working at Wallmart told his wife that they hadn't lost a cent on NT until they sold.

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