Not only did the Templeton Emerging market bond fund act as a market indicator along with other bond funds in diverging the USD, it also provided a good NAV profit off of the May buy level in the low 14's and just today it dropped a nice dividend into my accounts. Not bad.
It's over bought now, almost to the originally spec'd target of 17 and getting way extended past Net Asset Value. i.e. it's no longer a value.
I am still not really sure why something like this caught the 'I gotta have it!' bid from the momos. It was intended to be a longer term thing. I'll not complain. Markets are tough enough, but sometimes they throw you a bone... or 3.
http://www.biiwii.blogspot.com
http://www.biiwii.com/analysis.htm
Subscribe to NFTRH or
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It's over bought now, almost to the originally spec'd target of 17 and getting way extended past Net Asset Value. i.e. it's no longer a value.
I am still not really sure why something like this caught the 'I gotta have it!' bid from the momos. It was intended to be a longer term thing. I'll not complain. Markets are tough enough, but sometimes they throw you a bone... or 3.
http://www.biiwii.blogspot.com
http://www.biiwii.com/analysis.htm
Subscribe to NFTRH or
Subscribe to the free eLetter
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