Comments on: How To Play The January Effect This Year With CEFs http://www.tradersnarrative.com/how-to-play-the-january-effect-this-year-with-cefs-2145.html Freshly squeezed market commentary & analysis Sun, 21 Mar 2010 15:22:46 +0000 http://wordpress.org/?v=2.0.2 by: Babak http://www.tradersnarrative.com/how-to-play-the-january-effect-this-year-with-cefs-2145.html#comment-36074 Fri, 19 Dec 2008 03:02:33 +0000 http://www.tradersnarrative.com/how-to-play-the-january-effect-this-year-with-cefs-2145.html#comment-36074 Ben, did you know you can carry it fwd or back? ;) Ben, did you know you can carry it fwd or back? ;)

]]> by: Ben http://www.tradersnarrative.com/how-to-play-the-january-effect-this-year-with-cefs-2145.html#comment-36071 Thu, 18 Dec 2008 23:13:17 +0000 http://www.tradersnarrative.com/how-to-play-the-january-effect-this-year-with-cefs-2145.html#comment-36071 The only problem I see is that I question if there really will be any tax selling pressure, since so few people will need tax losses to offset any gains this year (really ... do you think there are significant amounts of tax gains that need to be offset???). On the other hand ... I have heard that there will be a lot of cash (from hedge fund redemptions) available in early 2009 that may fuel a market run-up. The only problem I see is that I question if there really will be any tax selling pressure, since so few people will need tax losses to offset any gains this year (really … do you think there are significant amounts of tax gains that need to be offset???).

On the other hand … I have heard that there will be a lot of cash (from hedge fund redemptions) available in early 2009 that may fuel a market run-up.

]]> by: Charlie http://www.tradersnarrative.com/how-to-play-the-january-effect-this-year-with-cefs-2145.html#comment-36062 Thu, 18 Dec 2008 14:26:25 +0000 http://www.tradersnarrative.com/how-to-play-the-january-effect-this-year-with-cefs-2145.html#comment-36062 My favorite closed end fund now is DCS - Dreman-Claymore Dividend & Income, with a 34% discount as of today. For most of Dreman's open funds you need to pay a load. I like that it gives me a mixture of stocks and bonds, global and domestic. My favorite closed end fund now is DCS - Dreman-Claymore Dividend & Income, with
a 34% discount as of today. For most of Dreman’s open funds you need to pay a load.
I like that it gives me a mixture of stocks and bonds, global and domestic.

]]> by: Babak http://www.tradersnarrative.com/how-to-play-the-january-effect-this-year-with-cefs-2145.html#comment-36022 Wed, 17 Dec 2008 02:55:10 +0000 http://www.tradersnarrative.com/how-to-play-the-january-effect-this-year-with-cefs-2145.html#comment-36022 re TRF, it depends on how steep the discount is to NAV, otherwise, I'd be reluctant to play it. it is possible that a CEF will be folded but it rarely happens, you have to remember that the sponsor has a vested interest to keep it going as long as possible to collect the pound of flesh (aka MER) re TRF, it depends on how steep the discount is to NAV, otherwise, I’d be reluctant to play it.

it is possible that a CEF will be folded but it rarely happens, you have to remember that the sponsor has a vested interest to keep it going as long as possible to collect the pound of flesh (aka MER)

]]> by: Lord Huggington http://www.tradersnarrative.com/how-to-play-the-january-effect-this-year-with-cefs-2145.html#comment-36014 Wed, 17 Dec 2008 02:30:20 +0000 http://www.tradersnarrative.com/how-to-play-the-january-effect-this-year-with-cefs-2145.html#comment-36014 Hello, Just stumbled onto your blog for the first time - nice site! Looking at your year-end strategy and started flipping through the charts of those various CEFs and if I'm not mistaken, the gap down on TRF with high volume looks like it is about to fit your pattern. Is this more or less correct? Also, is there a chance that in many of these cases that the funds will simply be folded given their truly horrific performances in many cases? Hello,

Just stumbled onto your blog for the first time - nice site!

Looking at your year-end strategy and started flipping through the charts of those various CEFs and if I’m not mistaken, the gap down on TRF with high volume looks like it is about to fit your pattern. Is this more or less correct?

Also, is there a chance that in many of these cases that the funds will simply be folded given their truly horrific performances in many cases?

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