[Weekend Summary]
Dear Member:
Amazingly enough, the climb continues. Each of the major indices rose again this week so the old adage "play it until it breaks" remains in force.
I was fortunate enough to have a big gainer with Aluminum Corp of China (ACH) that I bought on Monday. Friday the stock closed up more than $8 from my entry (up over 23% in 4 days) and I have moved my stop up to $41. While it might well take a breather, ACH looks strong and absent some crazy gap down should result in a very handsome profit.
Evergreen Income Adv (EAD) bounced back into the plus column this week and, of course, is paying dividends at the rate of 9.6% per year based upon my entry price. Palm, Inc. (PALM) also returned to the profit side this week.
Only Realty Income (O) is below my entry, but it, too, started a bounce back on Wednesday. It also pays a very decent dividend.
Have a great weekend, and thanks for subscribing.
Bill
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