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


To: trustmanic who wrote (1781)11/7/2001 12:21:30 PM
From: bill  Read Replies (2) | Respond to of 11633
 
Yes, there is lag time but people are pretty quick to
adapt. I had someone who said she was going to take
early retirement. Has now changed her mind. A contract
employee came in and said she would pick up her own
travel costs if it meant keeping her job. I found some
money for another person. A year ago it would have been
taken for granted. Instead he dropped by to say thank you.

These people aren't going to do much travelling on
holidays. They're cutting back expenses where they
can. Demand is definitely going to fall off if what
I'm experiencing is any indication. We were told by
govt that there was no recession, then yes, there is a
recession but it will be brief and shallow, now there
definitely is a recession and it might be longer than
expected.

Guess I shouldn't have averaged down. Oil at 9 dollars
a barrel. Well, I can average down then. If there's anything
left to average down to. By then PWI.UN instead of giving
distributions will be charging stockholders a monthly
intake fee of seventeen cents.