So if you were in, you get your dividend. However, you can’t buy more shares until they open the fund back up.

Actually, as of today, the RYPQX ticker has a NAV of 0.97. It’s not showing up as such on google (or yahoo finance). But, if you go to there website (ther.com) or try to trade the fund, it’s made apparent then.

Apparently, they were heavily invested in now worthless Lehman bonds.00).

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Now I’ve just got to get myself in gear…

While I’m looking at specific stocks, I’m also trying to gain some insight into specific sectors or industries. If you can determine a short term (i.e. 6 months) to longer term (i.e. 2+ years) of what the economic cycle looks like, you can probably find some good securities right now that will produce good returns.

I tend not to look to overseas markets for one because I don’t understand them, and it takes additional digging to understand the market influences on a day to day basis. U.S. assets are easier to invest in because I’m fully immersed in the influences of those securities on a daily basis.

I’m sorry.. what I meant was meant to be more individually-specific. I’m not trying to pry, I was just curious. If I’m getting too personal, just let me know.

When you are sitting on the sidelines, are you in cash (like me) or some other asset? If so, what percentage are you in cash or other asset?

When you say you are playing your hand, does that mean that you are looking to get back in the “stock” market or another market? Are you looking at a specific stocks, sectors, ETFs or mutual funds?

BTW.. I remember 6-12 months or so ago where it was being recommended that people need to invest “out” of the U.S. markets and “into” overseas markets. I was of the opinion back then, that that was foolhardy advice as one who watches theses things could see the writing on the wall.

Mike

It appears that the effect of high energy prices is starting to creep into foreign economies, resulting in a global economic slowdown, not just a U.S. economic slowdown.

What this means is that companies whose financials were propped up by foreign sales may not be as robust as they were.

The financial sector is still struggling to regain any traction, as it appears that there are more casualties left in the lending and credit crisis.

Energy is off, and it’s really tough to tell why. Is worldwide demand slowing, or are we seeing money coming out of energy markets due to profit taking and slowed growth?

If worldwide demand is slowing, is it temporary? I mentioned that the Chinese shut down a significant portion of their manufacturing facilities in an effort to influence the air quality for the Olympics. So how much demand did they “temporarily” remove from the market?

PCU (copper) is down significantly. Is this a good time to get in and capitalize on the 9+% dividend? Maybe not if the world economy is slowing.

I guess I’m looking for economic indicators that extend beyond the U.S. influences that will tell me direction in the stock market.

Walmart is doing well, which you would expect it would in a down economy.

What do you think?

“For the last couple weeks I’ve been sitting on the sidelines trying to figure out how to play my hand in the market.”

I always like to hear what you have to say. Could you elaborate?