Tuesday, March 9, 2010

EAD is not EADS...

Evergreen Income Advantage Fund (EAD) was up on the news that consortium of Northrop Grumman(NOC) and EADS decided against bidding for air tanker contract. I agree that this is a good news for EADS, but it has nothing to do with EAD. That's why I sold a portion of my position. Will buy back below 9.20.

Today's quant trades:
System 2.5x2: bought WFMI.
System 3.5x2: bought WAG.

Seeking Alpha Certified

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