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


To: bill who wrote (6504)12/11/2003 2:13:52 AM
From: a.handbag.  Respond to of 11633
 
Bill, I fade all predictions of what energy trusts are going to do, especially from analysts. I just accept that the unit price will fluctuate, sometimes for an obvious reason, often for no reason. Here's a challenge. Name me one RT that has gone down and stayed down, gone bankrupt, ceased paying distributions, engaged in accounting fraud etc. It's a given that some will be somewhat better than others, but not enough better for it to be detectable. What makes a difference to our results is whether we can pick them up when their price is down. It blows my mind when investors insist that the time to buy a stock is when it breaks out to a new high, but that's what makes a market.