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


To: Scott Mc who wrote (4800)11/11/2002 3:43:19 PM
From: Peter W. Panchyshyn  Respond to of 11633
 
Peter
"Well for four, when the worldcom bankruptcy happened and the markets fell into a tailspin. I was again right here telling people to again accumulate at the lows being presented"

Now you can say you were referring to "trusts",

------- I was referring to the trusts. The events and their impact on the trusts read it in context with the post in its entirety. Or better yet go to the original posting itself. Dont just edit out the rest for your own purposes ----------

but then don't come back later and say you were talking about NT and take credit for people making money on NTel.

------ Now this was a totally seperate discussion and that discussion was concerning the trusts LUS.UN and MXT.UN that sufferred huge collapses of their own. In that discussion Lorne brought up NT and I responded specifically to NT. That is what the posting shows -----------
------ You want to edit the two together. Your editing is a last lame attempt and its not working either.

People were also trading Worldcom and making money,

------ People is not specific (its not me) and you cant show that specific (me) referenced post like I asked you or gg to ------
and who says NTel wont go bankrupt.

------ It very well may or it may not. But I follow the trading very closely of those I trade. Unlike you or others who have to trade everyday or everyweek. I trade if and when my number crunching looks right to do so. I dont chase after anything and everything like you all. I let the stock or trust come to my levels not rush after its levels. Past posting here show many weeks or months going by where I just collect the high income each month waiting for unit prices to fall to my levels. When they do I jump in and begin to accumulate. You guys here seem to have to buy this and that each day or week regardless of how things are or whats happening. Then you get sideswipped by events. And cry about it. I take advantage of it by my waiting. --------
---- And further just because there are 100,000 + securities doesnt mean I have to do each and everyone like you claim. I have 11 trusts thats enough for mean I dont need or have to have each and everyone 100 + like you imply. ---------------



To: Scott Mc who wrote (4800)11/11/2002 4:14:04 PM
From: Peter W. Panchyshyn  Read Replies (1) | Respond to of 11633
 
Now you can say you were referring to "trusts", but then don't come back later and say you were talking about NT and take credit for people making money on NTel.

---- NOTICE THE SPECIFICS OF THE EXCHANGE BETWEEN ME AND LORNE------------------

Message 17797254

To:Lorne Larson who wrote (3757)
From: Peter W. Panchyshyn
Friday, Jul 26, 2002 2:19 AM
Respond to of 4801

A holder from Nortel from $120 to $2 has suffered a loss, but a holder of NCF from $18 to $10 hasn't

-------- You did not respond to my reply for this one. So here it goes again. And if you can dispute with real fact and data please do so. From Message 17790003
Sorry but you do not suffer a "real loss" on NCF because you DO NOT SELL IT. The loss is "unrealized". The loss then completely and easily disappears with the, and each and everytime, the cyclical rise next comes. Because that is what the trusts do. Now compare that to NT. When a holder here sells he suffers a real loss. He has no chance of a comeback because for one he is out of it completely his loss on NT will never disappear , its fact and done with, and for two it (NT) does not display a consistent yearly cyclical change from highs to lows like NCF does. Thats historically documented with the facts. Trading data. Add to that the fact that all the while NCF pays high monthly income NT pays out nothing. Now quite arguably NT holders too as well have the choice of not selling. Not taking the loss. Or taking the loss but sticking with NT at the much lower levels. Those who are real professional and experienced traders may decide to trade NT as it has bounced around these lower levels quite a bit over the period. Successfully doing these trades and many of them going forward. Could result in this activity wiping out the earlier losses suffered on NT. But the fact of the matter is that most just won't do this. They will just suffer the loss and not look back. So you see there is no distinction between the trust and the stock. The distinction is that for the stock one to be done. It has to be done with a lot more effort a lot more guts and surely not so easily as just waiting for NCF to cycle higher because each and every year it has shown to do that. And again NCF holders have that added bonus of the high monthly income being paid out each and every month month after month. To make the wait much easier to cope with.