stock market today, stock market result

[Weekend Summary] Dear Member: The major indices were more convincing in their bullishness this week as they each moved higher. Today, however, evidenced a bit on indecision with unspectacular volume. The Fed meeting next week has generated increased speculation that there will be a half point rate cut so a quarter point drop could result in a market dip. In any event, things certainly look more bullish today than they did a couple of weeks ago. After some time of inaction, I had a fast and profitable play in JER Investors Trust (JRT) when I was fortunate enough to bag a 6.5% gain before a small commission by buying the stock on Thursday and selling on Friday. I still like JRT and it is paying a very hefty dividend -- I think it is still over 15% as of the closing price Friday. This is one for me to keep in mind as a "buy on dips" even if it stays above the $10 limit of this service. Introgen (INGN) and City Telecom HK (CTEL) both moved up nicely this week. The Blackrock Sr Hi Inc Fd (ARK) continues to do its job as a fine income producer. Have a great weekend and thank you for subscribing. Bill
Home \| Subscribe \| All Rights Reserved \| Privacy Policy \| Advertising \| Contact Us \| Terms of Use \| Disclaimer \| Links