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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 (1874)11/12/2001 1:09:39 AM
From: Cogito Ergo Sum  Read Replies (2) | Respond to of 11633
 
Hi Peter,

Peter said: Something between the two just doesnt seem to jive ???????????? Care to elaborate. ------------------

Stan said (I'm assuming this is the post you mean ?): This is a chart of the unit price performance of some board favorite trusts since June 1, 2001, a mere 5 months ago -

I was completely out before stan's chart. I've only been adding since that little uptrend (I hope :o) in the last bit of stan's chart, so my case does not match with his period. I basically sold near the top and hopefully am adding near the bottom.

FWIW I've not posted all my trading so it really can't be verified, I did post, to bill I think that one of my first buys back into PWI was @7.41, and fortunately that's the highest of them for PWI. I own PWI (and AVN.UN) between 7 accounts, 2 in trust no-registered, 2 RESP, 2 RRSP and 1 regular non registered. I am up in some and down in others share price speaking. A quick tally tells me my PWI avg is 7.19 and my AVN avg is 7.65.

Obviously it would have been more cost effective to have bought all after the last ex-div, the dividend not withstanding but my crystal ball is defective at times LOL but seeing as where the trusts are now, and winter is coming..........
The trend may be down at this point but I'm not convinced. I've got a position I'm comfortable holding with the immediate future as I see it. At any rate as I've also stated I've other investments that should act as hedges if we sink into depression so if the old 10CC song comes true I hope they cover me:

Do the Wall Street shuffle
Hear the money rustle
Watch the greenbacks tumble
Feel the Sterling crumble


I guess someone who bought a full load on Oct 10 close would not probably have been pleased last week :o) , but that is why I've been buying in bits. My data doesn't at this point corroborate either of your positions, so I'll just sit up here on my fence :o)

regards
Kastel
a cute and cuddly Canadian