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

To: trustmanic who wrote (1788)	11/7/2001 10:25:31 PM
From: Peter W. Panchyshyn	Respond to of 11633

The depressed unit price should be look at a buying opportunity. If there is no profit, there will be no production of oil and gas, they wouldn't give it out free. Of course we will not see any dividend, but we are sure that the oil & gas is still there waiting for good time. To sell is the worst strategy. ----------- It is worse to sell, for all the wrong reasons. Will the trusts sell at huge losses? NO. Will demand fall forever? NO. It is interesting to note that demand as of yet has not fallen. What has fallen is the rate of growth in demand. BIG DIFFERENCE. -------------------------- ----------- We have had here the doomsayers saying that look ngas was $10 ,earlier this year, now its below $2, a month ago, its going to go to ZERO. What happened the price reversed and soared. Now for oil, they say look the price was over $30 now its below $20 its going to ZERO. Now with all of this who were the biggest loosers? TRADERS. Making mistake after mistake. The accumulators are still receiving high income and are still buying and holding getting even more income. With the traders its allways the same thing don't look at their results look at what they say is going to happen to the others. The problem is that what is suppose to happen is allways coming but it just never arrives. --------------