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Politics : Ask Michael Burke
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To: Thomas M. who wrote (20710)7/20/1997 7:36:00 PM
From: Knighty Tin   of 132070
 
Tom, Correct. Charts are just based upon stock price, and, since the price goes down when a fund distributes cap gains, CEF charts are always understated. This is also true of open end funds. Which is another reason why the charts are useless. -g- MB
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