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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 (2524)1/24/2002 3:09:24 PM
From: David Culver  Read Replies (4) | Respond to of 11633
 
Although I tend to hold these trust for a fairly long time sometimes it is good to also sell. Sold SHN.un today seems to be over priced given natural gas prices. Any thoughts??

Dave



To: Peter W. Panchyshyn who wrote (2524)1/25/2002 1:51:05 AM
From: Tommy D  Read Replies (1) | Respond to of 11633
 
Nothing in your response seems to disagree fundamentally with my previous post other than you seem to dispute my suggestion as to your definition of a trader. You point to Stan and Lorne and suggest that what you disagree with is people who trade. However, in the past you have attacked others that have disagreed with your buy, hold and accumulate on weakness strategy. I do not short stocks and while I buy and sell stocks from time to time, it is based upon the principles and the issues I raised in my previous message to Lorne. I suspect many others who posted are similar to myself but you disagreed and lumped us in with the "traders" and essentially told us how wrong we were so what else can one do but conclude that you have a very broad definition of trader.

You also assert that Lorne is promoting trading. I just don't think that is accurate. He has stated his strategy and prior to the posts between Lorne and yourself which turned very ugly at times, others would agree or disagree with Lorne and there was discussion about the strategy. I think thats the purpose of the forum, not to say one method is right or wrong but to provide different perspectives and information which everyone if they smart will take with a grain of salt. Nothing more, nothing less.

As I think I stated before, I understand your strategy. I know others that live by it and are happy with their investment strategy but it doesn't work for me from a risk perspective and I sleep better assessing the situation and taking a profit or changing my position from time to time. In any event, no more posts about the topic and I will go back to lurking and reading the various comments about both trusts as there are many different perspectives which why we have a market.

Regards
TommyD