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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (30823)	5/2/2008 11:25:15 PM
From: snookcity	Read Replies (1) \| Respond to of 78652

It might still come back to you,I have it in my roth IRA along with some shipping stocks DRYS.DSX.NAT all dividends reinvested. just added two buys in Visa at 62.40 and 70.82.

To: Paul Senior who wrote (30823)	5/3/2008 8:32:15 AM
From: Wallace Rivers	Respond to of 78652

I am considering getting back into either FRA or FRB, the rationale being that we are at or near the end of Bernanke's easing. The dividends in these two funda have held, and I would not be surprised if they were cut in the near future, but I still think a fund where the interest paid typically adjusts, with some lag, is a good place to be at this point in the interest rate cycle. I know the leverage used via auction rate preferred securities (ARPS) has hurt these, and other, closed end funds. I know many of these auctions have failed, and continue to fail. Blackrock has been proactive in finding other means of leverage, but I am concerned that there amny be more shoes to drop. Any comments on this would be most appreciated.