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[Stop Hit Position Closed in JER Investors Trust (JRT)]

Dear Member:

My stop was hit and my position in JRT sold at $10.42. That represents a gain of 4.3% before commission (3.9% in my case after commission) in a day. I still like JRT very much and really like the 17% plus annual dividend. I will be looking for re-entry.

Sincerely,
Bill Kraft

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