Portfolio of PAF on 20NOV09

VZ    15,010
  T       1,460
  BCE  2,200
  S         600
  Q         500

total share-wealth-units last reported which was 4NOV09 was (18,8??
see revision)
 total share-wealth-units today 18,853 (where
 Q and S shares count as *revised* 1/6 of a unit.)
 realestate land 3APR03 of 3 lots $19,000.
 realestate land 30JUL03 another lot $11,500.
 realestate land Sept05 another lot $75,000.

Alright, the last time I reported was 4Nov when
I bought 1400 shares more of S at 2.95 per share
and decided to take some profits with S and DT
today.

The classic switching technique is summarized as
such: you buy stock A at a price which is lower than
B, but you have your eye set on B, and you wait until A is higher than
B and switch out
of the one and into the other with an overall increase in share units,
and the cycle continues
in the future when B is again higher than A and you
continually make these switches in and out of A and
B all the while increasing the number of shares and
collecting dividends.

So today I decided to take a profit on S since it rose
from 2.95 to 3.82 in two weeks time and although DT
rose from 13.50 to only 14.11 of a 100 shares, decided to make a
profit there also, and with the proceeds bought 250 shares of T at
26.05.

Let me mention also that I revised the wealth-units of
both S and Q above, instead of valuating them at 1/5
of a VZ or T, I bumped that up to 1/6 which affects the
total share wealth units last reported.