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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: OldAIMGuy who wrote (17096)10/17/2001 8:50:13 AM
From: rgammon  Read Replies (2) of 18931
 
Tom,
To continue the closed end fund discussion, with CLEAR indicators of when mkt price is either a premium or discount to NAV, it strikes me that this is an AIM indicator. When you have made your determination what SAFE level you will be using with these fixed income CEFs, check your AIM orders to ensure that you are only buying at discount to NAV - perhaps holding off until mkt price drops another 5-10%, and selling only when there is a premium - again holding off on the sale until the mkt price rises another 5-10%.
Do you use this benchmark or similar to make your ACG buys/sells? bernie???

Robert
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