Originally posted by spikefader
Ye thats true,I never did short it or attempt to,I did think it was a good formation,for a drop.I use scottrade ,and they would likely not find shares for me.
It looks untradeble now,not sure which way it will break.
On another note,Spike,do chart patterns apply to CEF's.I am in JQC which pays an 8% div. but price is slowly eroding.The NAV for this fund is in the 14s,so Im fairly sure its trading at a discount for a reason.Approx.11% discount.
Whats your opinion,do charts work for investments like these?If it was a stock Id sell now looking at the chart.'
codially Tom
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