When to BUY CHY?????? The over all general market lead by the Bond markets are about to have a severe correction lead by BONDS and high flyer stock's. When will this happen????? Shortly and 7-to 10% correction is very possible! That 1300 to 1500 points on the DOW. Bonds will follow by scared sellers. Gold is a dead issue until the next major up leg lead by OILS and INFLATION, not DEFLATION that you have now! I am looking for $10 to low $12's range (trade) CHY!. Then the cv. feature becomes a viable upside help, interest rated will rise and bonds fall. 1-3% is very possible! Have some patience and you will be rewarded! Best gold AUY low 6-8 range! Have a nice day! The OLD MAN
A group of high yield bonds with convertible to stock! Anyone have a reference point to secure a breakdown of current holdings? If you believe that the feds are stuck into buying bonds then "chy" yields looks safe for forseeable near tern future. 8% compounded build a monthly floor under the security. The kicker "if us markets contuine to climb the cv. Feature offers upside or downside protection as well." i have a 1000 shares and monthly secure additional shares at no cost and reduce cost of investment. Have for 3 months now and a 2+% downside protection that increases each month! If someone have a better solution to buy into thesee markets i am all ears! Thank you!