I'm a wordy old birdy, Nancy (^_^)
> most fund families impose limit on how many exchanges you can make...
...didn't realize that, good to know. Normally, I don't hop in and out of StockFund: however, it (the MKT On Close NAV) has been useful to me in this "DownTrend punctuated by sudden, violent rally" environment since the beginning of September.
I think Gersh still works with Funds in his 401K; iirc, he has a T+3 day delay between when he issues an order, and when the MM <--> StockFund exchanges actually occur ~ which makes it tough, but Gersh is a pretty good trader ;-)
because he has these fuzzy T+3 day entry and exit points - it was Gersh who originally got me thinking about position trading "from one CLOSE to another CLOSE", without fretting about what you may have gained or lost in the intra-day noise.
Earlier this year Paul, aka "TradingMachine" - another Dude here in the sandbox was quite successful trading FMAGX in the Fidelity Family - I dunno if Paul was doing this via the 'Net or, over the telephone-?
Are you trading with or investing into any Funds, Nancy ?
-Steve |
