Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Cogito Ergo Sum who wrote (1771)	11/6/2001 1:04:10 AM
From: bill	Respond to of 11633

We have a very cute and cuddly Canadian here that the tourists just love. It's a full size grizzly (fake fur) with its arms outstretched. The tourists line up to get their pictures taken embraced by its arms. All I think about when I look at it is the market. I had HSE but sold it. Took my profit. There was a lot of uncertainty re a takeover. Used to own EEE. Did well on it. Don't know TEO. I'm keen on ABZ. Been trading it for a long time, holding a core position. Seems a sure thing (as much as anything is nowadays). No one seems to know which way the O&G market is going to go. I have my uncertainties and think it's justme and then read the reports from the experts and find they're just as uncertain. I see that George, like me, picked up more PWI today. We both sold SHN. If it is going to slide, then it looks like support at 12.00 and, if that is broken, then 10.50. No, haven't been watching Rio Alto. That drop must have hurt for the longs. I sure don't like some of what I'm seeing. Feels like an uncontrolled slide starting. May be starting that last wave down. If so, it'll be brutal. A broker I talked to last month was all keen on the "cycle". Sell financials and others and buy early into the mining industry. Didn't want to depress her. Doubt if the "cycle" is going to arrive on time. In the meantime, I think you're right--the trusts (or blue chip preferreds). And cash. Cash doesn't bring much return but it doesn't bring a loss, either.