Thread: Market Talk

Oil this morning in Europe now trading over $60 a barrel. The U.S. market will have to decide what it wants to do about that news.

Note: Over the weekend I saw Chinese auto sales off by 50%- the communist government reigned in credit there- can't have too much growth in the auto sector to quickly. Yet price of oil is soaring mainly on Chinese demand increasing.

Look for a slide again today, and then maybe a day breather tomorrow.

My money is betting we have not hit bottom. (I'm still mostly in G)

I think by the end of the week we will have a much clearer picture- either it will have settled down and ready to begin moving back up (in which case I will move everything back into stocks) , or , it will still be drifting lower. Lets see what the fed does with rates...

Finally, we need to have an "asian centric " I type fund. The current I fund is almost exclusively european. That is only a small part of the world.

The strongest market today is: China. Shanghai composite is up 2% today.


http://finance.yahoo.com/intlindices

at safehaven by eric noel

Part 1 - http://www.safehaven.com/article-3151.htm

Part 2 - http://www.safehaven.com/article-3287.htm

http://news.goldseek.com/GoldSeek/1119794460.php

this would be fugly!

btw: where's dma, tech and greg? u guys are absent when the markets corrects and post like banshees when we are headed up????:%

Oh I'm here...dunno about DMA and Greg....

Interesting about oil.....http://money.cnn.com/2005/06/27/mark...ut/index.htm:X

doesn't look good about gas over the next several months......http://money.cnn.com/2005/06/26/news...ices/index.htm ....it hits right in the ole pocketbook......for everyone....:shock:

guess we can thank those new fangled environmentalist liberals who regulated any renewal or development in oil refineries over the years....kinda like ole California......ain't going to develop any new energy sources.....therefore we outta power!!!!!:?

I think DMA is gonna split from the Govt TSP altogether....but, I'll let him make that final announcement....it'll be a shame if he leaves the board.....I like the ole boy and his info/data.....:^

:dude:

Though the Bush administration would never admit to such a thing, I've long theorized that the action in Iraq was serving a dual purpose - 1) to remove Saddam and 2) to give us a convenient area to launch military strikes against the Iranian nuclear facilities.

Nothing's a certainty here, but it'd be wise to not overlook the possibility of conflict with Iran. They've been dragging their feet on the nuclear issue very much like Hussein was doing with the UN inspections before the Iraq war. Only this time, we all can see for ourselves that Iran has a functional nuclear program and is producing plenty of evidence (in the form of Uranium hexafluoride gas).

They say it's for peaceful electrical purposes. The country sits on a mountain of oil - plenty to export and use for its own energy needs... which would certainly point a finger in the direction of nuclear technology being geared toward weapons development.

In the short term, I'm hoping for oil to drop back down toward $55 or so. Then I'm going to go long on the oil sector in my brokerage account.

I can't help but mention that you should take a look at the S&P over the last 2 years....observe the volume over the period.....notice....its been the highest on average since March....

Mix this fact with the S&P market price during the period at its peak and recent failure to exceed the peak of 1229 and what do you have.....a failure....:shock:

I think just maybethey have anticipated the effect that high oil prices have on the current market...:?

Remember first its the stocks doing well.....energy prices have to be low.....then when the stocks peak its the energy sector....it has been low it has room togo high....then when it peaks....invest in bonds, currenciesand such until the market andenergy costs recedes......follow this and you follow a winning investment pattern....

Have a good'un!!!:^

:dude:

Oh one other thing, I wanted to remind everyone the events of last week brought a rather large negative impulsethat hasn't been seenvery often since Oct. Other two were in Jan and March-April timeframe....there is a negative bias on this data and it sends a warning.....

Be vigilant!

:dude:

Agree

Don't like the way market looks right now, too risky! Time to put the helmet on! Walk over to the sidelines and wait and see! Spaf

Will the F fund keep going up in the short term or has it just about peaked?????

A big jump just like in March in 2004 would be nice.

vectorman wrote:

Will the F fund keep going up in the short term or has it just about peaked?????

A big jump just like in March in 2004 would be nice.

I've been told that if rates go up, bonds go down. However, there are exceptions to rules. Here is the latest:

http://quote.barchart.com/texpert.asp?sym=AGG

Have fun! :^