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Z,I guess you prefer the RAS pfrds over the NRF pfrds?-bill
Well, the NRF preferreds are safer. RAS's balance sheet is a mess, even though I don't see it actually getting into any liquidity trouble. In this market you want to shoot at many targets anyway.
Zorro-Agree with you about needing to shoot at many different targets in this market. Nibbled earlier this week on RAS-A and NRF-B, as of today stopped all nibbling until either market sets a clearly defined low or Dow goes below 6000.We'll see.