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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (25088)	3/7/2005 6:14:02 PM
From: Tommaso	Read Replies (1) \| Respond to of 116555

>>>once this fund goes to a deep discount<<, That actually was what I was already thinking, too. I had forgot momentarily that it was closed-end when I asked those questions. A correction in commodites could knock it down a lot, don't you think, and then one might get it at a good price. Just one more thing to watch. I sure would have done better to take all my bear bets two years ago and convert them to long positions in energy. Happily, I did do that to some extent. All those positions have gone up at least 50% plus some very generous dividends. I just kept thinking I would hit it big with a resumption of the bear. Which I still stubbornly expect. Still, even being quite wrong about many things, I have doubled my capital in three years. Well, maybe it's closer to four years. About 20% annualized and compounded.