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

To: Tommy D who wrote (2522)	1/24/2002 2:27:24 PM
From: Peter W. Panchyshyn	Read Replies (2) \| Respond to of 11633

Lorne, you are a better person than most to get into a discussion with Peter that is impossible to win because Peter does not believe in anything other than buying and holding in respect of O&G trusts. -------------- I respectfully and without want of another argument. Say that, I believe documented and verifiable facts. That is my posts are filled with real data real facts real numbers. As I have shown in previous posts I have the trading data for many of these trusts going back decades. When some says something about the trusts which is in direct contrast to the facts. I provide it and its reference for all to see and verify. Lorne and the other side present just statements with no data to back those up. THAT IS DOCUMENTED And to make it clear again it is not buy hold it is -- ""buy hold accumulate on weakness"" At least you could get that right. ---------------------- From Peter's perspective, a trader would appear to be anyone who sells based upon his assessment of a number of areas that would include(edited) --------------- Good to see you like telling others what it is another person defines something as. Like putting words in other peoples mouths-------------- The reality is that people who trade daily or very frequently are traders. The people who review there portfolio on a periodic basis, either by themselves or with the assistance of others are investors, not traders. . ----------- Using your very own words as to what a trader is (frequently). WHAT IS LORNE.???? The documented facts are that he does claim to be trading and shorting frequently. And he is promoting it here to joe average. As something that they should consider because of its superior results. Your open blindness to that FACT is all to obvious. If your going to try to shoot someone down the least you could do is try to do it so that it is not this VERY EASY to show it for what it is. -------------------

To: Tommy D who wrote (2522)	1/24/2002 9:43:47 PM
From: Lorne Larson	Read Replies (2) \| Respond to of 11633

Tommy D: Well-reasoned post. Interesting to note that even though the post was not directed to Peter "Can't Lose", he immediately posts to you with a number of typical snotty comments. You have to understand that this guy regards any approach to the oil and gas trusts other than his own as an attack on him personally. Major personality disorder. I have had 5 private posts from individuals who at one time posted regularly on this site indicating that they will not be back because of this wacko. As for shorting these things, from June through October it was a snap. You could short them just before the announcement date, and if they announced a reduced dividend the unit price would collapse. You could also short them through the x-dividend date. Lot's of people would hold them through the x-dividend date and than dump them. The drop in price was usually much more than the amount of the dividend you had to cover because of your short position. Also almost every one of the trusts announced offerings in September/Octoberr, always of course below the than current price. Now its getting tougher. PGF and NCF both recently announced big cuts in their monthly distributions and the unit price stayed pretty firm. Perhaps a sign that we've hit a bottom on these things. I'm now net long, although I'm a little worried about NG prices. Looks like we're going to drop through $2.00 on the U.S. market for the first time in what, 3 years? Regards