On 12/13/13, NLY closed at 9.94, 38.6% below its 52-week
high and 2.9% above its 52-week low.Monday's close 9.82 looks tempting.
Been watching NLY,but don't want to chase the divy.
Could be turning around?
I'm not greedy, but if I sell FSC I still have to put the money somewhere.
So I hold.
If FSC goes below $9, I may buy more.
I think Slick is right.
Also a strong dollar is bad for PM's.
What we need is "some" inflation. Then a little fear. LOL
Makes sense to me, but in the mean time, there could be a lot more downward pressure on the PM's.
Enter with caution.
Just bought CFP @ 5.07.
I don't know if the 18% is sustainable,but I started a small position to test the waters.
Don't see much down side from here, but the divvy could be CUT.
Thank You jdrmonte.
Appreciate the heads up.I will keep some dry powder.
" key interest rate would stay lower for even longer than previously promised."
That must have helped.
Nice GREEN DAY across the board.
A lot of kids have high student loans,while 90 plus presidents of univer. are making one million plus a year.
The things that pass for knowledge I can't understand.
I some times give $$ to winos, knowing they will drink it.
My wife frowns on this ,and says I should only give them food or a gift certificate.
But I don't judge.