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

To: Cogito Ergo Sum who wrote (1951)	11/15/2001 8:06:23 PM
From: Peter W. Panchyshyn	Read Replies (1) \| Respond to of 11633

I'm in here for the long haul (Obviously LOL) and as long as I'm getting a decent return --------------- Decent in my books is, For one , well above a savings account or GIC. For two, since from time to time I do leverage a portion of my holdings (more or less from time to time) its at least a few percentage points (or more) above my costs of doing that. Both Which I am glad to report is still occurring. And should hold with the hedges in place by the trusts. Until all this blows over. Then when it does and prices move to that other direction (higher) and because we accumulate at the lower levels we see some very nice gains as well --------------------------- (no illusions about ongoing 15 and 17% BTW) I'll be fine. LT we're getting set up for another silly cycle. -------------- These price cycles are really silly indeed. From time to time we see gas prices at the pumps fall and we enjoy the savings each time we fill up , but only for a short time. Then what happens the price makes it way to that other side (higher) and we curse each time we have to fill up. The only problem is that it just seems (NO IS) that the one end is allways much longer in duration than the other ---------------------------- But but it's different this time ..... right :o) ------------- Each and every time for the doomsayers it is. Prices are going to collapse to $1. Or worse yet magically the world will just one day in a blink of an eye need no oil or gas at all and will be running everything on water. YEAH LIKE THATS EVER GOING TO HAPPEN. But when your talking fantasy I guess anything is possible. Just not enough that they themselves will put money on it or position themselves to benefit from that happening. GO FIGURE. -----------------------