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


To: bill who wrote (1801)11/8/2001 1:15:18 AM
From: trustmanic  Respond to of 11633
 
Bill,
I missed a lot of things last Friday. I should make up my mind to buy : CAE & BBD.B & shouldn't bought PWI until..today. Although I still believe that I can buy BBD.B & CAE for a lower price few weeks later, but I missed the rally. I will average down my AVN(I like their hedge program).There is a new fund of funds IPO called STARS INCOME TRUST, $10 per unit IPO ,please check TDwaterhouse's website.
George



To: bill who wrote (1801)11/8/2001 6:41:21 AM
From: Peter W. Panchyshyn  Respond to of 11633
 
I knew I was doing something wrong. I thought it was
buy high and sell low. I knew something wasn't working.
I'll get it right yet. At least I will if oil doesn't
drop to 9 dollars a barrel and some of my beat up trusts
go back up.

-------------- As I have stated many times before. Prices for the commodities have risen and have fallen several times over the past two decades the trusts have been around. They have touched record lows and record highs. That will continue for the next two decades. Even if oil falls to below $9 and natural gas falls below $1. What is the probability it will stay there? And stay there for a great length of time? NOT VERY LIKELY. Since that is the case. What is not working or not right?

It's either that or keep averaging down until
I get a place on the board and get a zillion options.
I got five letters in the mail today for EIT wanting
to have me tender my stocks for five different companies.
I chucked them out. I agree with you. Why pay two
management fees? I guess one could argue that a trust
holding trusts is less volatile but if one wants that
why not buy ones already in existence. There are a number
of those. I own one and it has done very well but I
wouldn't buy it now because it is trading well over its
NAV.

--------------- As per my response to George.