Thursday, March 12, 2009

UYG

bought some of the UYG today for the PA. I know some financials are in trouble, but the system will survive, so we shall see.
On a more rational note, have been buying ACE over past few weeks. Average cost around $34.5, so almost break even. This one I am quite confident of, though they do hold bank debt, which could be an issue, or not. Hard to know how much is post FDIC guarantee stuff as well.
XL i am breaking even or slightly making money on at $3.60/share so that is one to watch.

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