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Well I picked up a few small positions in some Canadian Trusts in anticipation of a "DEAD CAT BOUNCE". It looks like it payed off in 1 day. Most all are up about 5% today. Wee - now the dilemma. Do I take my quick profits now or hold tight and get both a capital gain growth and a huge dividend...

labib52 - thanks for that info. I have always worked to an assumption of on average +/- about 4.5 on SET. Its very important to me since I usually open my Iron Condors on the first Monday following the prior Friday SET for expiration on the next month. My current strategy is to hold through SET...

Isn't this improved efficiency going to reduce premium on IC spreads and hurt those of us who play OIX/SPX IC? TS

If you want an opportunity to make a few thousand dollars real quick just watch the following trusts for the next 3-7 days and wait for the dead cat bounce. Maybe if I can make you some money real fast you will figure out that its mostly the principal of betraying the "trust" that I am upset...

That's not what I said. Apparently I am too subtle for you. They did it to help themselves as politicians. Constituents with no spendable income after losses do not make political contributions when the volunteers go to calling for pre-election support. It also casts a negative sentiment and...

I was bored and annoyed at having this month's income wiped out just as I had developed a good cash flow system. Thanks for letting me rant. But I am not lying and your cut and paste job does not take into effect the position changes I made shortly after. I just trippled down in 5 new trust...

Oh come on have a heart. That was 15% on top of a prior 35% loss in one of the Trusts from poor management. You would be crying too if you just gave up the equivalent of a Porsche Boxter or better to the likes of that sneaky snake Jim Flaherty. No that is not going to put me under but I was so...

OK OK - going back to being on good behavior. I wanted to rant and shake out more Canadian patriots to use as punching bags. But it looks like "Canadian" & "patriot" is an oxymoron or all are women over there hehe :p I just tripled down on AAV, FCGYF, ERD, AETUF, NOIGF, PDS & SBKEF (mostly...

I am an honorable person - I don't lie. A good portion of my net worth is 5%. We differ on semantics. I did not say it was a drop in the bucket. I conveyed that its not going to bankrupt me. What I lost is what I use to make in a year at a traditional corporate salary. That is what outrages me...

You do know that with this kind of thinking you are setting terrific precedence for the US to impose a security tax on our free loading Canadian neighbors who have almost ZERO defense/military spending. Not bad having a friend on your border with a capable military to keep any possible foreign...

Good God its so sad to see that the liberal disease has worked its way into Canada like the mad cow disease did in UK. Only a liberal would think that somehow governments are entitled to reap the rewards of somone elses risk and innovation. Only a liberal would think that something that is owned...

According to the rule that I think Canadians who just lost their ass as well as Americans who will put political pressure on Canada will FORCED to back peddle this idea. If I realize my losses too soon it would still take me 5 years to recover this much principal loss for an average expectation...

Good I shook out a patriot to scream at. I blindly trusted an advisory service and actually paid good money for a recommendation to get into these trusts. When I started to see principal erode I started doing my own research. By the then they were all way down. Having thus discovered from...

Any of you Canadians can tell me what happened to Fording Canadian Coal (FDG)? I am down over $10K (34%) since May and yesterday it was down 14% more after showing some slow signs of recovery. Holding Canadian Trusts have devastated my net worth in 6 months. Now with principal all shot to hell I...

Poopie - new account first post. Duh, I wonder who has a new "dopple" account here... She is fine and your determined admonishment overhead just surpassed the signal to noise ratio of an honest question so you are more guilty than her in the sin of a needless distraction... TS

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Well all I know for certain is Canada essentially just declared war on a good part of average Americans who trusted generally "friendly" foreigners with a good part of their wealth. This will anger many Americans and damage relationships. The US gov will be forced to get involved politically...

This is an emotional issue for me. I thought long and hard on Canadian Investment Trusts before I invested in them. I know the social tax and spend liberal nature of Canada and did not trust CA politicians in the long run to leave a very good program alone. But the prospects of long term fat...

weeeee, got my put spread order fill on this little SPX bear cub run down. Hmmm, it's kinda steep and looks a wee-bit kinda serious... :eek: Ha ha, uhm, now I am now beginning to wonder if I just got my new bottom heavy Iron Condor sucked into a bear trap. :eek: Oh the joys of living with...

lol - the SPX is attempting another little bear run down and I am tyring to stretch the credit on a spread to the put side. Some joker MM gave me 1 spread at my net credit limit and left the other 34 contract orders incomplete/unexecuted and waiting. So fun to see a little lone ranger $68...