SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Archie Meeties who wrote (23898)6/17/2003 7:31:50 PM
From: whitepine  Read Replies (2) | Respond to of 206180
 
Arch,
I'm mainly interested in RT's that derive earnings from O/G as their product has a relatively inelastic demand. Most other trusts, IMO, have too much risk and puffery associated with their underlying business activities. Ex.one of the hotel trusts in Canada suspended distributions today.

My tracking portfolio was almost totally red today. Acclaim was the exception. HGT retraced substantively. I suspect others will follow as injection numbers are released. That is my best guess. Better entry points will arise.

Trusts shouldn't be for trading, but if one rises quite quickly, it is difficult to ignore selling into strength.
NCN, SJT, and HGT over the last two weeks provided owners with a trading environment. Others eschew the notion of trading the trusts.

Good luck,

whitepine