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Re: apljack post# 594

Wednesday, 12/17/2008 9:41:14 AM

Wednesday, December 17, 2008 9:41:14 AM

Post# of 610
apljack be careful on ERH it is a closed End Fund that has leverage notice it payed back some of its loan where did the mnoney come from? I was in it got out because leverage funds has to keep a 200% ratio of what they have to leverage. If under that they have to sell their holding. to pay off their leverage. This is howm I look at it if they bought the stock at $10.00 and now it is worth $5.00. If they haft to sell they have to two stocks to get it back the leverage. If that happens the dividens will be lower. I got out of NRO Waiting for them to tell what the next dividen is wait till the stock goes down then get back in. They money that they can get to leverage back up when the market gets better they say. I am in HIO and CIK non leverage about 16% dividenyou can get what they hold Ihub Quote click on SEC read the head lines at th end is NQ that will give the holdings of that fund at that time. RFI is another Closed End non leverage Fund. www. quantumononline.com/index.cfm is where I get my preferred stock information go to income tables click on all preferreds you get a lis with their rateing from S.P and Moodys I bought some of SFI prefereds 60% dividens but do your own DD.

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