BLACKROCK Municipal Income TRUST V.BFK.P

Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.

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BLACKROCK Municipal Income TRUST > 2 days in a row that Tlry/CGC down more than 5% & Hexo held?

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Comment by Rotalucepson Jun 08, 2022 6:22pm

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Post# 34741918

RE:RE:RE:RE:RE:RE:2 days in a row that Tlry/CGC down more than 5% & Hexo held?

Touran77 wrote:

If you think that it is just bla bla, you are just showing everyone that you are clueless in regard of technicals.

Technicals aren't always right and this is why you have to look for clues and put the odds on your favor. It is rare that it is a yes or no for good entry or good sell, you continue to watch for clues and you buy and or sell when you think it is right. Slowly buying and slowly selling is a strategy that has worked many times for me.

As for how much money I made, well you know I was there when bashers like you were here in November 2020, so you know I have seen the run from 2 to 14. Did I get the full 7X, unfortunately not but still pretty good profits. Then you know that I got stop lossed in June last year at 6.30 after buying at 7 and I have been telling people to wait since then. I guess you can deduct that I have been doing well :).

Good talk Rota ;).

Touran