TSX NEW RECORD HIGH!

[cottonpicken]

Rescource stocks leading the way.

[Incognito]

36.5 BILLION GONE
cottonpicken posted Nov 2, 2006 15:19


36.5 billion of market capitalization gone on the income trust thing. Surprise move on the conservatives part.

_______________________________________

What happened to the 36.5 Billion - is it back yet?

[cottonpicken]

What does that have to do with anything?
The point of the trust thing was that the conservatives LIED.
By the way most companies are not trusts.

[Incognito]

From where did you pull the 36.5 Billion dollar figure on November 02?

From Income Trusts?

[cottonpicken]

Rob t.v. station-Market Call with Jim O'connel-I highly recommend paying attention to this man.

[silverback]

I haven't looked at the charts close enough, but I do know that in the last 6 months to a year, the income trusts that I have been following showed a huge increase in value (yes on paper). Since the announcement, most of those have dropped back to where they were at within the last year. Yes it was a big drop, but they are still up since I started following them years ago and none of them have announced cuts in their distributions.

[agstar77]

There have been cuts to distibution but natural gas prices have risen. Trusts are still down 30 to 40 % from f####**ty's anouncement. The good news is that there may be an election before the bill is passed and these jokers will be turfed.

[silverback]

Go back 5 years and look at the trust index. It shows that the whole sector is still up close to 40% in that time.

If someone were to predict that 5 years ago, I would have said they were full of it.

And by the way Agstar, if this income splitting thing comes in, these "jokers" may have done more in making this tax system fair than your liberal masters ever could have dreamed. I'm guessing you will find a way to say it is a bad idea too.

[Incognito]

The Liberal Record:

http://www.youtube.com/watch?v=aX6XMIldkRU

[cottonpicken]

So is it ok that they lied silverback?
Alot of people invested retirement savings on the conservatives WORD.
They are no better than any other party out there.
A 40% gain in five years is not that great of a return.
The people they hurt the most was their political BASE.DUMB DUMB DUMB!