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

To: Lorne Larson who wrote (3552)	6/24/2002 8:12:05 PM
From: David Alon	Read Replies (1) \| Respond to of 11633

Lorne, it's getting harder and harder to find reasonably priced trusts these days. The newer ones which came out in the last 2 months are all way ahead of their IPO. eg, MEW,GDI,PBB,NPR. I am surprised at the strength of many of these trusts, and can only ssurmise, people do not want stocks any more. Any good trusts you can think of?

To: Lorne Larson who wrote (3552)	6/25/2002 1:57:38 AM
From: Peter W. Panchyshyn	Read Replies (1) \| Respond to of 11633

Unmitigated bullshit. ------ Since you seem to find it necessary to still use insult and name calling. I'll ask again WHY THE DIFFERENCE IN THE 2 POSTINGS (one dated dec 20 01, the other recent) OF WHAT YOU BOUGHT WHEN YOU SOLD PWI AT THAT LOSS? WHY THE LIE? ------- Assume you are investing in oil and gas trusts for the very first time. Presumably you analyze them and pick the one you think is best. 2 years pass. The trust you own has dropped in price (I'll throw this in because under your convoluted reasoning it seems to be important). ------- At least stick to the facts of how the trusts have traded. Trusts drop in price within a yearly basis. By 50% or greater. And recover from that by much more. The past history charts for both PWI (in my reply to Harry) and for ERF (in my post explaining my method). Show that. That is a fundamentallly key feature to the trusts. Especially oil/gas ones. Now someone who was getting into these for the first time would find it very important to find that out first. SO YEARS PASSING WITHOUT A DROP IN UNIT PRICE IS NOTHING MORE THAN FANTASY FROM YOU. Can't get away from the lies and misinformation from you can we? ---------------- You have some more cash to invest and want to again invest in an oil and gas trust. Why would you at that point not analyze which trust is the better investment, just as you did when you first bought? ------- Because of the simple fact that if one did a proper study before hand. There would be no need to do any further analysis. He would already be in the best one he could find for his own preferences and circumstances -------------- The answer could be the one you hold already or another one. ------ My method details that one should look at the ones that have the longest history. The longest trading record. Why? Because of the simplest fact that those around for the longest (1) are there to stay and (2) they have been through not 1 or 2 downturns in commodity prices but many and have survived and grown throughout all (3) they have with that established past trading history a builtin guide for the investor which shows how their unit prices have done and an established pattern which one can use to guide his purchases over the longer term. All of these 3 points the new trust investor should have found out before doing the best possible due diligence he could getting all the facts. And finding these out he applies them to his investing for long term maximum benefit. Or if he so wished shorter term maximum benefit. Following a verifiable and testable methodology. And not following some sort of magic switching which "claims " to work each and everytime,but which really doesn't, as I showed, and which the proponents of (you Lorne) have to lie about what they did, or give out misinformation, just so they could con joe average to do the wrong thing at the wrong time, a magic which can't be tested and can't be verified with the real world trust trading data. Now all of this is not to say that someone could not choose a newer trust with shorter history if he so wished. The analysis beforehand of a longer term trust would still give useful info as to what can be expected to happen even from the newer ones. That would be up to the individual. -------- However according to your insane logic it is ALWAYS better to invest in the one you already hold. ------- Now it is always better because for those longer term concerned it allows them to lower their cost base. Increase their holdings and benefit from an increasing monthly distribution over that longer term with those increased holdings. As an added point Those Increased holdings and increased monthly payouts from those can be as much as or more than any single gain from any documented trade we have seen here in these past posts. When a trader trades for a gain over a month equal to or less than a longer term accumulators large holdings monthly payout it makes the whole idea of trading a complete waste of time. Time that could be put to better more enjoyable pursuits. Now it is always better because for those shorter term concerned it allows them to use the same unit price ranges ( I talk of in my method )the longer termers use to lower their cost base,increase units held thereby increasing monthly payouts,year after year. To allow them to know before where the low trading ranges are so they can buy and where the high trading ranges are so they can wait (and just collect high income) or sell (if that is what they truly wish to do, understanding the work they must do to do that properly and the time they need to spend at it to make it work, the truth of the matter is that many will not choose this route because they know beforehand they just don't have the time, ability, or can't expend the effort). Its also better to invest in the one you already hold because you already have a good knowledge of what it does, how it does it and how its been doing. And also then one need not waste the time and effort,ability (he may not have) plus the costs involved , chasing after some sort of ""SUPERIOR RETURN"" from switching into another, which works by magic, which can't be tested and which can't be verified with the real past trust trading data and which those that claim so, have to lie about their own doings like you have been documented doing. Now I am not against trading or even switching for the right reasons. But all too often it is done for the wrong reasons. As we have seen in just the past year or so. We've seen it for reasons like ngas was going to go to below $1 and the trusts were going to stop payouts and disappear. NEVER HAPPENED. We've seen it for reasons like after the sept 11 tragedy, the economy was going to collapse and take many years to recover, oil was gojng to below $10 for sure and stay there for years. NEVER HAPPENED. There is a major problem with management of PWI the trust was collapsing everyone had to run away before it was too late. JUST AS QUICKLY AS IT FELL IT RECOVERED SO WHAT WAS THE PROBLEM WAS THERE EVEN ONE AT ALL? And the end results of these NEVER HAPPENS was always the same , THE TRUSTS RECOVERED AND RECOVERED NICELY AND THOSE THAT STUCK IT OUT AND ADDED AT THE LOWS FAIRED JUST NICELY OR MORE. THATS WHAT I DOCUMENTED WITH MY REAL WORLD TRUST TRADING DATA. BUT MORE IMPORTANTLY THATS MUCH MANY HERE SAW OR EXPERIENCED FOR THEMSELVES. AND KNOW BETTER FROM FOR FUTURE CONSIDERATION. Now there is always the possiblity of something happening and maybe the need to really do something an investor need be concerned of. But he need not run and overreact over each little detail or happening each and everytime. Because more often than not he will suffer more from that -------------- Even for a fool like you this is incredibly silly. ------- Lorne you'll probably not get this far down my post. Talking of things like the truth and real facts and real data and real trust numbers with real math showing real happenings just have no place with you. As your constant name calling , insults and lies attest to. In closing I wish you would come clean as to why you saw the need to lie about what you bought with the proceeds from that loss on PWI - AVN or AY/PVE. Such a documented incident hurts you far more than your use of personal attacks and insults to try to win arguments. But thanks for delivering the lie and making it so easy to point out and easier yet for all too see. I'm sure with that added evidence the new trust investor is going to have a much easier time deciding what it is he should do. Follow the facts ,after confirming them themselves of course, or following your magic and suffering for it.------------