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


To: Goldberry who wrote (2967)3/22/2002 10:30:25 AM
From: Cogito Ergo Sum  Read Replies (2) | Respond to of 11633
 
LOL Graham...I've still got my 'experiment' position , (so can I make my Y over Y comparisons and it's way too soon in the game for me to draw any conclusions) but 40+% appreciation in such a short time with the pronounced weakness AVN displayed, well, OK I'm just weak ;o).

FWIW I can afford to watch my portfolio most days so I can often profit from these anomalies. I had posted earlier that I wouldn't be adding AVN at the recent prices believing it was too high (why I bought PWI instead). Anyway I realise I don't have to convince you, you're just having some fun :o)

I must admit this strength in NG has me looking over my shoulder. Seems like the wrong end of the business cycle for energy to be up. Strange days...

Speaking of 'Meadowvale' I went to the meeting concerning the expansion of Port Union and 'possible' expansion of Meadowvale....let's hope it's not to become Meadowvale Expressway....

Well my gold is a poppin', got to go and enjoy the feeling.
regards
Kastel
Still a cute and cuddly Canadian



To: Goldberry who wrote (2967)3/23/2002 1:07:52 AM
From: Peter W. Panchyshyn  Respond to of 11633
 
just cute and cuddly jumping off the buy and hold band wagon strategy experimentation.

----------- As his reply to you corrects your take on his own words. WRONG AGAIN. And yes still again your side cannot even get what it is I do. ACCUMULATE ON WEAKNESS. FOLLOWING A REAL AND TESTABLE METHOD. USING REAL PAST AND CURRENT TRADING DATA. Such a simple concept and each and everytime its disprove buy/hold. Well since I don't buy/hold as you say you prove nothing as is usual. The simple facts just elude you amateurs. --------------

It is difficult to resist the temptation to trade

---------- Be my guest and trade all you like. And get the results of Lorne. Sell PWI at a loss. Short ERF for a 1% gain. That makes just the monthly payouts attractive. Let alone the rise from getting in at the lows which you fail at getting. Try to recover your loss with PWI by buying another (PVE) and then have PWI rise and rise more than enough to make the exercise a complete waste of time -----------

instead of holding forever

----------- Accumulating and holding PWI showed with simple math to be the correct. Maybe you would care to go over Lornes numbers since he refuses to. Its sell PWI at a 10% loss. Buy PVE and have it gain 26%. But have PWI gain itself 14% from where Lorne sold it. Which makes the net difference between the two of 2%. Which fees and taxes would eat up. Then look and see that you could have bought more (accumulated PWI at $5.80 and it is now $7.20 for that gain of 24%. DO THE MATH EXPERT TRADER IF YOU DARE LORNE WON'T. ---------

as PP insists one should when the economic facts indicate one should take profits.

---------- And what facts are those. The same kind of facts that scared Lorne (as well as Kastelco) into selling PWI when he did not have to. Doing the wrong thing at the wrong time for the wrong reasons. ------------------

--------- You know what is really funny is that now Lorne calls for others to be buying at these levels in one of his recent posts. So it seems you two expert traders have your wires crossed. Which is of no surprise at all. Given how good trading really is. You can't even have two agreeing on the same thing at the same time. I'll clue you in one of you experts is going to be wrong. And you know it will not make much matter which it is either for me to prove my case that trading doesn't work. Thanks for the ammo. -------------