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Follow the Bouncing Dividend

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Credit Suisse Asset Management Income Fund Inc. (CIK) seems to climb up then drop off before beginning another climb. Even with its current 8.6% dividend, it is easy to pick up an extra 10% by watching for this pattern.

My last run was in at 3.29 and out at 3.7. Setting an alert for 3.4 to buy in again at 3.3.

Cheap, Lazy Reference links: Yahoo! Finance, Wall Street Survivor, Motley Fool CAPS, TheStreet, Google Finance, MSN Money

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