their preferred shares. PGF pays a ~ 12.9% dividend. PFF pays a ~ 11.5% dividend. Looks like the $BKX is ready to head north. UYG anyone?
http://stockcharts.com/c-sc/sc?s=$BKX&p=D&yr=0&mn=6&dy=0&i=p29657354850&r=5861.png
http://stockcharts.c...4285&r=3400.png
http://stockcharts.c...4285&r=5189.png
http://stockcharts.c...54285&r=359.png
I think we know the big banks are saved
Started by
johngeorge
, Dec 31 2008 08:30 PM
2 replies to this topic
#2
pdx5
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- Traders-Talk User
- 9,771 posts
I want return OF my money more than return ON my money
Posted 01 January 2009 - 02:55 PM
Good tip, however a word of caution is warranted....these are up some thing like 40% from
the November lows.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#3
johngeorge
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- TT Member+
- 4,616 posts
Member
Posted 01 January 2009 - 11:45 PM
Good tip, however a word of caution is warranted....these are up some thing like 40% from
the November lows.
Words of wisdom. I do not own any shares but would be looking to buy and hold short term perhaps to catch some of what I believe will be a feel good Barack rally. Also I really like UYG here and will be looking to buy it Friday or next Monday for a short/intermediate term trade.
Best to you
Peace
johngeorge
johngeorge
