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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: energyplay who wrote (20191)	3/13/2003 1:28:07 AM
From: upanddown	of 206138

EP Yes the energy trusts are weak for the last couple of days but isn't this a little different situation than some OS or E&P stock that pays zero dividend? I am also in the trusts large and while I would be ready to sell if it was one of those OS or E&P issues, I am really not that concerned about stocks that are paying 15-20%. Most people buying these stocks are not thinking of them as swing trades but as income vehicles. I quickly get antsy about stocks that appear to have little intrinsic value but the trusts look like they will be making very nice distributions into the distant future. It may be because I am getting tired of the whole trading mentality but don't you think you might be chasing your tail if you constantly trade the trusts rather than just trying to find a good entry point and collecting the dividends? John

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