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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Freedom Fighter who wrote (86083)11/30/2000 12:16:05 PM
From: Joan Osland Graffius  Respond to of 132070
 
Wayne,

I added to my ADM holding in September when they sold it off down to $8+, I just sold this position but am holding on to a third position. I do not want to get greedy and 47% was enough on that trade.

Right now I have been picking up FAX as it goes up in yield by a %. I picked up another position yesterday. Also I am eyeing IAF for a first third. I am in the usual stocks recommended by MB, i.e. DRMD, TGX and VASO. I have 2/3 position in each one of these and ready to pick up the last third if they really get hammered.

I bought some PIXR. I only have a 1/3 position and will continue to add. MB is not crazy about this stock, but I believe in the next 3 years the stock should trade close to its all time highs. There is no debt and they continue to create things kids like.

I did pick up a first third of VELCF, thanks to you.

It is getting hard for me to find credit spread income ideas lately and am rolling most of my portfolio assets in 3 month treasuries. It is not exciting, but I am not loosing assets.

BTW, I also bought some SA gold stocks. <g>

Joan