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get_it_back

10/08/02 7:10 PM

#33501 RE: Zeev Hed #33499

Zeev, Todays vol on NYSE was 1.91 Billion and NASDAQ was 1.84 Billion (as per yahoo). The volume seems to be up about 500 million more than normal on NYSE and about 350-400 more than what it has been lately on NASDAQ. Do you see any significance in to it (buy or sell).
Thanks

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warawls

10/08/02 7:26 PM

#33502 RE: Zeev Hed #33499

Zeev and the board,
I need information/help on a bond fund.
I inherited a short term bond fund about 6 months ago (LTDFX) and I'm not sure if I should sell it as I'm not familiar with bonds. It has steadily declined over the last 6 months from $9.39 to a current $9.14. The downward move has surprised me as I thought bonds typically move up when the markets are in a down trend. The daily price change for LTDFX is up or down one penny each day. I have roughly 5,500 shares so each move translates to + or - $55.00. Also, this fund has a dividend reinvestment each month of approximately $200.00. I hear talk about a bond fund bubble and I'm certain this fund has underperformed. My questions to you: how do you see short term bonds moving in the future (is it worth holding?) and why would a bond fund drop when the market is in a downtrend?
I appreciate any and all help!

Ashley