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


To: Peter W. Panchyshyn who wrote (1791)11/7/2001 11:30:10 PM
From: sportsman  Read Replies (3) | Respond to of 11633
 
Peter,
You remember my five very successful trades I told you about? OK, I just purchased Prime West today at 4.31US and will be buying Advantage tomorrow and I will post the price. I might hold these a month, two months or a year. These trusts are very volatile and if a big pop happens in a month, I will be out again. It's not a very difficult strategy with patients: buy low, sell high. Play the volatility. I don't criticize anyone for holding long term, as everyone has their own strategy. BUT, money is being made trading these trusts. If I there is no pop, I will collect the distributions.
Good luck,
Sportsman