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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (69952)7/16/2008 9:24:08 AM
From: Snowshoe  Read Replies (1) | Respond to of 74559
 
Kyros,

Interesting buy list. I bailed out of 2 BDCs (ACAS and TICC) last summer, and they've sure cratered since then. Maybe time to take another look.

I have a slug of 5% treasuries maturing in two weeks, so I'm pondering where to place some money. I did make two buys yesterday: IGD (covered-call etf) and ARH-PB (preferred stock mentioned by Dale Baker).

-Snow



To: KyrosL who wrote (69952)7/16/2008 1:09:36 PM
From: KyrosL  Read Replies (1) | Respond to of 74559
 
Sold AIB and replaced it with WFC, the American bank. WFC announced earning this morning, and I liked them very much. They are managing through the housing depression pretty well.



To: KyrosL who wrote (69952)7/18/2008 9:50:35 AM
From: KyrosL  Read Replies (3) | Respond to of 74559
 
After a great rally where most of my buys are up by double digits, I decided to take some profits on the most egregious advancers. After all, we are still in a bear market.

I sold:

AIB, the Irish bank.
ALD, the US BDC
MCGC, the US BDC
CMO, the MREIT, I have replaced this with AGNC, another cheaper MREIT which I intend to keep for the time being.
HD
NCC/pa the bank preferred.

I have kept the rest and reserve the right to jump back on the above and more at a moment's notice :-)