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Strategies & Market Trends : Contrarian Investing -- Ignore unavailable to you. Want to Upgrade?

To: pcyhuang who wrote (663)	11/3/2006 5:18:47 AM
From: Square_Dealings	Read Replies (2) \| Respond to of 4080

The pounding of these trusts has caused a lot of pain for many retired Canadians and US citizens. The Canadian PM, Harper, ensured people he wouldnt change the laws before he was elected. So whats new. Lying politicians are not unique to any one country <g. Will take some time to restore confidence. In the meantime - gold. sd

To: pcyhuang who wrote (663)	11/5/2006 11:18:23 PM
From: RJA_	Read Replies (1) \| Respond to of 4080

Here is my reply to Energyplay on this subject, to which he has not yet replied. Message 22976807 In as much as tax rate going from 15% to 46%, the value of the shares as income producers should drop severely. My figures are in the referenced post. I find it difficult to see how they can be a good buy, or even a hold. RJA

To: pcyhuang who wrote (663)	11/6/2006 9:53:06 AM
From: OldAIMGuy	Read Replies (1) \| Respond to of 4080

Hi PC, Re: Value Line Contrary Play.................. Here's a new one this week from Value Line. ELK, Elk Corp., a building supplies company has been rolling along with a 14% annual growth rate for the last 10 years and managed to make its presence shown on the Value Line "Top 100 Highest Growth Stocks" list. Well, now that the housing market has cooled off a bit, I guess Value Line feels it's time to rank this stock with a "Timeliness" of #5, worst for the next 12 months. The stock's price history makes it look more like a "trading" candidate than a Buy and Hold issue. It carries a modest P/E (11 as of early October according to V/L). With a projected price/share of between $50 and $75, this might make an interesting one to study. That massive bit of selling in the last two weeks needs a bit of explanation I'd think before anyone plunks down any money. However, it opened very strongly this AM. Best regards, Tom