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


To: Tommy D who wrote (1933)11/15/2001 12:27:27 AM
From: trustmanic  Read Replies (1) | Respond to of 11633
 
Tommy,
the beauty of this market is: you don't know and I don't know. So each of us formed a different strategy. Because you believe that the low is yet to come ,so you sit on the fence and wait. I don't know about the market, so I buy(not income trust) @ the price that I believe is low and sell @ the price I believe is high --hopefully make a few dollars.
For Income trusts, I have another strategy, I buy to average down because it give me dividend every month to buy something else.
I think..the bottom line for oil production is $14(they still make money) for most of the producers. Under $10 there is no point for mass production.

George