Thread: C-fund

Show-me,

I'm sorry I actually got you confused with the Nnuut. He's the one working both sides of the pond by hedging.

Doesn't look like the Wallflower is being kind to me today? Maybe I should be in the Snake fund instead. Maybe I should give her a little time? Sorry Birch!

Nnuut,

It's not even 1015 yet - it's going to be a very long day with alot of cross currents. There is a tremendous amount of short covering going on in the S fund small caps. The hedges may be starting to build their short positions now in large-caps - they never learn.

MSNBC interview with some fund managers.....predicted 1500 by the end of the year for the S & P....wow!!!!

Yesterday was another good day for the C fund. Outperformed the other funds.

The outsized influence of the tech sector in 2000 greatly distorted the capitalization weighted indices. There are 10 sectors in the S&P 500 Index: technology, financials, healthcare, utilities, industrials, energy, consumer discretionary, consumer staples, and materials and telecom. If we excluded the tech sector, the S&P 500 would be 16% above its level reached in 2000. Seven of the 10 other sectors (excluding tech, telecom and consumer discretionary) are significantly higher than their 2000 levels. Even within the S&P 500, more than two-thirds of stocks are above the price they reached in 2000, but the big cap tech stocks had so much weight then that their collapse forced the whole index lower now. Will history repeat to some degree? Tech may be the next surprise.

Originally Posted by Birchtree

The outsized influence of the tech sector in 2000 greatly distorted the capitalization weighted indices. There are 10 sectors in the S&P 500 Index: technology, financials, healthcare, utilities, industrials, energy, consumer discretionary, consumer staples, and materials and telecom. If we excluded the tech sector, the S&P 500 would be 16% above its level reached in 2000. Seven of the 10 other sectors (excluding tech, telecom and consumer discretionary) are significantly higher than their 2000 levels. Even within the S&P 500, more than two-thirds of stocks are above the price they reached in 2000, but the big cap tech stocks had so much weight then that their collapse forced the whole index lower now. Will history repeat to some degree? Tech may be the next surprise.

I was just reading insider trading showing the purchases and sales of insiders at selected companies. There's some BIG selling going on with these CEO's taking profits, and backing out of the market.

On CNBC today it was stated that historically the S&P 500 gains 23% in the year after a midterm election. Let's see; 1390 x .23 = 319 which provides a value of 1709. That's my target. Does that mean I have to get out next year or can I revise my target higher. We'll wait and see.

if the cfund closes where it is now it will close on the support line that can be traced all the way back to late July. if the chart pattern holds, today will prove a good buying op. Other days that sit on this support level are 8/14, 9/8, 9/22 and 11/3. If this doesn't hold, lookout below. S fund will also sit at support level... anyone gonna buy?

Im holding out on this one. The trend should show which direction its moving shortly though... I agree though, itll either be breakout or breakdown.

On the downside, I'll call this:

Light resistance at 1360

Harder resistance at 1308

Floor underneath at 1270.

All three are possible in the next week.