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

To: a.handbag. who wrote (6254)	8/31/2003 2:24:25 PM
From: bill	Read Replies (1) \| Respond to of 11633

I didn't understand what you meant when you said "the sweet spot" re commissions.

To: a.handbag. who wrote (6254)	8/31/2003 8:59:04 PM
From: Peter W. Panchyshyn	Respond to of 11633

Now Peter, "when the price of the trusts units is at or near the low range or lower one buys, accumulates." You call that "a real math method". Sorry Peter, that's eyeballing the data. There's nothing "math" there. ------ I referred to my method and my strat numerous times over the past. Will find a past posting. At any rate since you dont remember the details I will get a bit more specific. I use statistical analysis on the past trading data ,unit price high lows ,going back to the trusts beginnings, in various time contexts ,of yearly, monthly, and weekly intervals. In particular it is regression analysis. That is not eyeballing the data. There is plenty of math there. ------ Nor do I buy when I feel like it. I buy when I have the money, and when by eyeballing the data I see something worth buying. Does the fact that I average down count as a "real math method"? If so I am a mathematical genius, because I do it very quickly, and in my head.

To: a.handbag. who wrote (6254)	8/31/2003 9:07:24 PM
From: Peter W. Panchyshyn	Respond to of 11633

please refer to the past posting Message 15941087 the following is the relevant excerpt """OK, post the dates, facts, cost of investment, and returns annualized over time. I have not invested in RT's since 1985, so I personally don't go back that far. Nevertheless, what has been your annualized rate of return since 1985? ------------------- As you may have probably already guessed. I am big on a couple of points. One is facts and data. The other is work and effort. So that you can be absolutely and 100% sure the data in question is authentic. I think the best is for me to tell you exactly where you can get it. I don't want to be accused of making up numbers. The information - data - you will need to find. (1) The price trading history for the trust unit. (a) In particular yearly high- low-close unit prices for each year going back to the first year in which the trust started. This can be found as I have found it in an annual publication that is put out by The Financial Post Data Group. It is entitled FP Dividends and Record and 10 year Price Range 2000 for the latest one. Same title (except for year) for the next few back years. Then prior to that in seperate books entitled FP Annual Dividend Record for one and for the other FP 10 year Price Range. This collection of materials goes all the way back to the early 1960's. It should be easily enough to find in any good library. I have bought my own copies each year since the early 80's. For my own research into developing my investment strategy. I'll have to discuss that strategy in a little detail afterwards. For info prior to the early 80's my local university library had the other further back ones. (b) next is weekly or daily trading data going back to the trusts beginnings. You can get this from online data retailers or from your own online discount broker. I use TD Waterhouse they sell weekly and daily data very cheaply ( I think you can get years worth of data for less than buck) . You may also be able to find this info for free from Yahoo or other but it is spotty and for some it may not be complete (2) The dividend history of the trust. Your in luck because the sources are the same as I mentioned above from the Financial Post DataGroup. Again from your local library. Now with this you have all the raw data you need to look at. Now with this part out of the way you will need some sort of strategy to follow. The strategy I use has come about by looking at the trading data of a large number of stocks. It entails the following --- using the weekly and yearly high low prices for in this case trusts and a little twisted linear regression analysis. My own little take on regression analysis. This type of analysis will give you an idea of how a particular stock or trust price should be doing at a given interval in time. In this case week and or year. With these perameters set you have a means of judging if the current price is trading in a high range or a low range. If the price is high you don't want to buy. If its low you do. Now this is a bit of a simplistic rendition it is a tad more complicated I hope you understand . Now you have all you need to do all the number crunching your heart desires. Do all the what if scenarios you like. Take a look at the end results.----------------------------""""

To: a.handbag. who wrote (6254)	8/31/2003 9:31:57 PM
From: Peter W. Panchyshyn	Respond to of 11633

I buy when I have the money, and when by eyeballing the data I see something worth buying. ------ You say you buy when you have the money. That does not necessarily equate to a low or lower. That may not even equate to buying lower because this month you had money from distributions and could have bought with unit prices in many cases being now higher than last month. That doesnt then lower your cost base. Seeing something worth buying may mean buying a new trust when the entire trust group may be experiencing a runup. What about when that runup is over and the group starts to fall once again. --------- Does the fact that I average down count as a "real math method"? If so I am a mathematical genius, because I do it very quickly, and in my head.