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Message Boards Settings Nuveen Tax-Advantaged Floating Rate Fund (JFP) - Quote Info
why to buy JFP     25-Oct-08 01:43 pm    
let say that 50% of the bank will closed
I still have note that will give me 9% interest per year.....

my average price is 3.6 and today I am getting 6 cents per month per share which is 18.5%

I am working with stop lose too
but this rule must be check with net assets of what you buy

again if 50% of the banks will broke (which is very catastrophic scenario)
I will have note that will give me 9% yield per year

now take look to the far future (difficult for day trader but stay tune....)
these 50% that will survive will take more market share (you agree that with no bank no economy....)

these 50% will be stronger and their prefer shared will be much more attractive and scure....

hope you got the point

we have one life oprtunity to set our nephew life and it is now

I started to buy from 5 bought at 2.5 and will double again at 1.125 if it will go that low

also I think that in China Market you can see some very interesting company
look to CMED (I am in from 30 bought more at 20 )

economy will recover the big question is when

do not play on margin
keep cash for more opportunity

today 50% of my money in stock the rest are in market money ready to step in

Thank you and good weekend
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magiv_hegyo...

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why to buy JFP
magiv_hegyo... Not rated 25-Oct-08 01:43 pm  
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Nuveen Tax-Advantaged Floating Rate Fund (JFP)

Chart for Nuveen Tax-Advantaged Floating Rate Fund (JFP)
At 2:00PM ET: 2.31 Up 0.02 (0.87%)
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