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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: trustmanic who wrote (1466)	9/14/2001 6:40:32 PM
From: Peter W. Panchyshyn	Respond to of 11633

In a bear market.It is hard to find an entry point. -------------- I like to look at the past history for some answers. Actually I look to past history, past circumstances and past trading (and the longer the better) for most of my answers. You need to be asking questions like. How long do bear markets last? How severe can they be? How do crisises like the one that has just happened effect the markets? How much did they (markets) drop after? How much did they recover afterwards? ( say one month after, say six months after, say one year after). Asking these kinds of questions then finding the answers for them can go a long way to developing a strategy to utilize to guide one through best choosing entry points. Its far better than guessing, and then second guessing then re-guessing yourself , basing decisions on feelings and beliefs supported by feelings and beliefs. Then either reacting too far in one direction or the other , or too fast or too slow, either way becoming much too early or much too late to react. And the worst of the two being much too late because when an opportunity presents itself if you don't take advantage of it when its there (at the moment) , its gone and gone forever. Theres no going back to capture it. As I have said I have asked the important questions like these and I have found the answers for myself and I have a strategy to follow that utilizes that information. Choose now for yourself. Which is the best way for you? I was looking at all these trusts this morning and I couldn't make up my mind to buy or not. -------------- As in my reply to David saying he bought more AY.UN the other day. I told him although I like AY.UN I wasn't buying it at the moment because it was still within my previous purchase ranges. As I told all before I like to buy or make additional purchases on weakness. Usually following a strategy and not second guessing and then re-guessing and then ending up doing nothing. May be I should wait for the American market open next week to give me some direction.