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Strategies & Market Trends : Bonds & Bond Funds -- Ignore unavailable to you. Want to Upgrade?

To: peter michaelson who wrote (91)1/26/2009 12:42:54 AM
From: Robohogs  Respond to of 161
 
The Pimco HY move after Gross' recommendation in Barrons is insane.

Jon



To: peter michaelson who wrote (91)1/26/2009 9:48:50 AM
From: KyrosL  Read Replies (1) | Respond to of 161
 
Sold all of my NCV into the Marc Faber rally this morning. It was mentioned favorably in Barron's by Marc Faber of all people. Its premium to NAV is now in the high single digits. When I bought it, the discount was around 40%. Like you said, crazy. Also, lightened up considerably on my NCZ and FAX. Cash now above 65%.


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