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Utilities Select Sector SPDR ETF Message Board

  • ibuyoldtoys1800 ibuyoldtoys1800 Sep 6, 2012 2:44 PM Flag

    DNP Utility Income Fund closed end fund hammered too

    I bought this today for my retired mother's trust fund who is 83 for income and safety. I also purchased some DNP closed end fund because it has been hammered on a secondary offering and the DNP.RT warrants are trading down from 10 cents to a penny today. Thought that was an indicator of a bottom in that fund. The XLU charts show the RSI and STOCASTIC as oversold both on the short and long term basis, with a dividend coming soon. DNP pays almost 8% and monthly. Love, love both.

    Sentiment: Buy

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