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


To: Sr K who wrote (82628)8/2/2008 8:43:19 PM
From: Paul Kern  Respond to of 116555
 
The NAVs are based upon market information available each day.

Therein lies the problem. Most of the paper they hold doesn't trade at all so it's all mark to muddle. Shareholders are betting that the income flow won't drop any lower.

I bot a small position in RHY early last month and will add if it shows any streagnth.