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

To: A Horse With No Name who wrote (6067)	6/25/2003 8:55:47 PM
From: trustmanic	Respond to of 11633

Thank you Kastel. I don't know is my luck or not, but I bought AE a few minutes before they closed the book. I am quite happy with my PVE buy. Recently I read a book --Richard Heinberg's The Party's Over-oil,war and the fate of industrial societies. If you believe it, that the Canadian oil will peak in 2006, and the US peak in 1970, Mexico 2005, the whole world 2006. It is based on systematic calculation, so the oil price will go up as the demand more than supply. Ironically the Iraq peak in 2009 Saudi 2017,Kuwait 2010, that is why the Middle East is so unstable, everybody wants oil.

To: A Horse With No Name who wrote (6067)	6/25/2003 10:16:01 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 11633

hi bengali, Can't really answer that but this is what goes into my thinking for the next while. Depends on the trust and your goals. I was fully invested to the point where I couldn't take advantage of opportunities that present themselves from time to time, for example I just did ok on some gold swing trades. I like to trade a bit. Also I went overboard in energy trusts with the express intent of flipping some which I did (swing trades). I don't as a rule as a rule find it worthwhile to keep flipping trusts but I do like to use a portion of them for swing trades. Funny things sometimes happen at ex-dividend time or the recent Provident buying opportunity or Acclaim PP that George got some of. I'll put in some low bids and see what happens. As George also points out apparently a turning point in energy appears to be coming into view and China coming on strong won't help matters. I don't think it's quite time to panic but I'm guessing we are in a protracted period of sell the rally, buy the dip and build your core position until something better than oil and gas comes along. Hence I'm not as focused on NG trusts only now. I'm betting we'll continue to cycle but trend up. (kinda like my thoughts on gold :o) I'd keep a close eye on NG storage here and the fill rate for the near term. If it (fill rate) declines I'll be re-loading up early to avoid the Christmas rush. Another thing to keep in mind for the big picture trend. ... Did the US prez really go to Iraq to liberate the Iraqis and keep America safe based on clear evidence of WMD or was it perchance something more venal ? So in other words just how serious do the powers that be think the energy situation is ? And lastly I'm ahead of where I would have been had I not decided to trade elsewhere BUT I'd still be nicely ahead without having traded that other stuff by staying fully invested in the trusts. Hope that helps. The future is still pretty foggy for me also. I'm just happy making more right moves than wrong ones ;o) regards Kastel