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  • o08o.ugh64w o08o.ugh64w Nov 29, 2012 6:40 PM Flag

    It's the fund buying daily

    1. Regarding connecting the dots - be careful with your reading of the statement. They're just going to announce what the strategy will be. I wouldn't expect results to come to fruition any time in the near future. A year or two from now, sure. 3 to 6 months from now - I doubt it.

    2. Regarding mutual fund year ending 11/30 - individual's year ends on 12/31 and there is going to be end of the year tax selling, so I wouldn't expect any lift from selling drying up until the end of December.

    The purchases are definitely positive, but I've seen it many times before, and in much larger amounts - there are no guarantees. I want to know when we're going to see good/clean profitability?

 
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