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

To: Knighty Tin who wrote (91549)	7/30/2001 9:25:44 PM
From: Tommaso	Read Replies (1) \| Respond to of 132070

At one point (about 1980) I followed closed ends more closely than Herzfeld did. I wrote my own Basic programs (on a Radio Shack Model III with a total of 48K memory and a cassette tape mass storage) and bought and sold them when they seemed out of sync with the S&P. Didn't work especially well. I would have done much better just to buy an array: ADX, TY, GAM, MAD, SOR [good then, not later], and so on and hold them. Drove my Fidelity broker nuts calling twice a day for quotes on the whole array. But Equus came along later. Another you don't thing much of was BKF, but for a while back then it really did some good things and had a huge discount--35% or more. Baker Fentress. Maybe in the future the closed ends will start to seem really interesting again. Right now I have degenerated into shorting QQQs and scraping off profits to build up my cash balance as they run back and forth (the QQQs) like prairie dogs across the Trans-Canada highway.