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Dear Member:

The markets were backing off on Friday after some very good runs. It could be that it is Friday or it could simply be some profit taking. In any event, a more careful watch is probably required.

Walt Disney (DIS) is profitable and still honoring the uptrend. The Nuveen Senior Income Fund (NSL) had a strong week and continues to pay dividends on a monthly basis.

IWF is still honoring the uptrend, but like most of the industries it did not do well on Friday. It has some profit and I will be watching this one carefully.

Thornburg Mortgage (TMA) continues in an uptrend and goes ex-dividend on November 1st. It will pay a .68 dividend on November 15th.

Have a great weekend!

Bill

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