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

To: Cogito Ergo Sum who wrote (1786)	11/7/2001 10:02:16 PM
From: Peter W. Panchyshyn	Read Replies (2) \| Respond to of 11633

From Stan - """""""""" If you plan on holding through the entire trough, maybe you don't care about the unit trading value, but if it declines along with the distributions it's a given that your capital will be trapped for the duration. IMO you have to take that into consideration when allocating your capital into these things, since changing horses in the middle of the stream won't really be an option without taking a major bath.''''''''''''''''''''' --------- All this coming from someone who stated quite clearly he was out of these trusts because he saw ( no KNEW ) ngas was falling to $1. He was encouraging others to position themselves accordingly. By not being in and or by shorting because trading was the superior method. What was the result of this???? No current high income. And if you were stupid enough to have shorted well your capital was taking a real major bathing indeed. Now for someone who accumulated well they got some good high current income. And they bought at or near recent lows with some upward movement thereafter. And even if prices do come down in the future as they will. If you have no intention of selling its a mute point, its an unrealized loss. Shorting produces realized losses when things go the other way and your caught. And when you miss buying opportunities (at lows) , when their gone their gone. SO JUST WHO WAS TRAPPED. And further to this, just to make up the lost opportunities, the lost income, and the losses of shorting just how well will the trader have to do to catch up to ( or pass ) the accumulator and how likely is that given their miserable track record thus far. --------------------------