AI
Monday, December 02, 2002 11:20:55 AM
Hi FB, Speaking of souped up funds, my alumni account managed to grab some cash the other day from a customer interested in 6% of our UOPIX shares at $14.14. Cash in hand includes a 19.6% FIFO and a 59.5% LIFO gain since we re-started that account back in July when the Idiot Wave finally headed down to the Low Risk area.
Next available shares have been advertized at $15.34 and seem to be drawing some curiosity. (as a note of interest, the 26 week moving average was $14.02 when the sale took place last week. just in time to put that sell marker above the MA line!)
When the IW heads back into High Risk, our plan is to bail out temporarily and use our bond fund as safe haven.
Best regards, Tom
Next available shares have been advertized at $15.34 and seem to be drawing some curiosity. (as a note of interest, the 26 week moving average was $14.02 when the sale took place last week. just in time to put that sell marker above the MA line!)
When the IW heads back into High Risk, our plan is to bail out temporarily and use our bond fund as safe haven.
Best regards, Tom
Port Washington, WI 53074
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