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Strategies & Market Trends : Contrarian Investing

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To: pcyhuang who wrote (668)11/3/2006 9:54:48 AM
From: Cogito Ergo Sum   of 4080
 
pc,
I note that you have Canetic as one of your picks. That is the only trust I had on my watch list :O)

Anyway I'm thinking back of the napkin that the support it is seeing today, if not just a dead cat bounce is appropriate for those anticipating approx 10% yield should the new tax regimen go into effect.

Al

BTW the political fallout from reversing course may be even worse as it certainly will not be today's losers that benefit in most cases..

Also noting the political landscape in Canada, the current government's position is tenuous at best, the only viable replacement will likely support the law as they were considering the same thing when in power.. and one of teh balance of power parties is against the trust idea also.. Lots. of variables out there..

my 2 cents :O)
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