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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 (4181)9/13/2002 8:48:28 AM
From: Ron Everest  Read Replies (2) | Respond to of 11633
 
To make this strategy work, you must be buying at the lows, the stock must be stable, the sector must be at a dip or low.

The idea is that one is margined to say 10%. This is not a process for heavily leveraged accounts.

Further, presumably one is sticking with very solid performers. Goal is to glean fixed income, if the market turns, sell enough of another stock that has not dipped, clear the margin loan and sit back and collect the dividends.

Your attitude is showing again Peter, perhaps you should tone it down, you don't have a lock on knowledge. My system is approx 95% on the plus side, very few losses, so, I will stick with it. You won't be getting too much help from people that receive your insulting and crass side.