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

To: Goldberry who wrote (1999)	11/17/2001 4:12:45 PM
From: bill	Read Replies (1) \| Respond to of 11633

I'm beginning to wonder if it's just me but I keep seeing recommendations for buying real estate trusts, I look at the charts and they are moving steadily upward, yet yesterday afternoon, early evening, I went downtown for the first time in a long time. Eaton's Centre. Top floor. Empty shops. One space taken up with some make work program paid for by govt. This is a space filler. Not a money maker. Next three floors. Empty spaces mixed in with regular shops. Many spaces filled with phony shops. Retail goods (crappy paintings you usually see being sold at flea markets) and cheap xmas gift items slapped into spaces to try and make them look full. Garden shop. Was waiting for ten minutes outside the garden shop. Not one customer. I'd say this is a mall in serious trouble. Maybe this is an anomolie but I know someone who has a store in a mall in another city. She took in 88.00 one day last week. Yet the newspaper reports retail sales are up. Recommendations for real estate trusts are BUY. I've got people who took early retirement coming in asking for work at one third the salary they were getting when they retired. Must just be me. It's okay. I'll shut my eyes and lie down until everything makes sense.