Market Talk / Dec. 24 - 30

**Spaf** · 12-24-2006, 05:09 AM

The Kingdom of TSP
Sunday Weekly
Early Edition
December 24, 2006

Yak, Doodles, Tea Leaves & The Tin Box

Kingdom Yak:
Pro-Yak....................................Looks to be a normal correction, hopefully!

Con-Yak...................................Yea, but some folks are concerned about economic growth?

Jester-Yak................................What happened to the Santa Claus rally?

Doodles:
TSP Socks leader........................I-fund
Last 12 months..........................up 28.20%

Socks [EFA] Closed at.................72.38 dn -1.65 for the week.
Stops.......................................Alert: 73.63 broken. Trail: 72.93 broken.
MACD hist.................................-0.294, decreasing
Trend (P-SAR)............................negative.
Overbought/sold (RSI).................[70] 47.14 [30] decreasing!

$USD........................................83.80 dn -0.25 for the week.

Lube (NYM) Closed at..................62.41, dn -1.02 for the week...NYMEX
Oil Markers................................<70= ok, 70-75= worry, >75= panic.

Tea Leaves:
Yakndoodles...............................Yellow.

Tin Box.
Leaders Tally (Allocation Avg.).......G:29, F=29, C=03, S=21, I=18
Leaders Play...............................Bullish: 43%...Bearish 57%.

TSP (week ending)......G=11.70..F=11.16..C=15.60..S=18.63..I =22.02
....(1 week Past)........G=11.69..F=11.17..C=15.78..S=18.94..I =22.07
....(2 week past)........G=11.68..F=11.17..C=15.58..S=18.91..I =21.71
....(3 week past)........G-11.67..F=11.23..C=15.43..S=18.70..I=21.54
....(4 week past)........G=11.66..F=11.15..C=15.47..S=18.78..I =21.31
....(12-30-2005).........G=11.16..F=10.67..C=13.55..S=16.27.. I=17.59

Le Chart

Chart courtesy of www.stockcharts.com

**Show-me** · 12-26-2006, 12:07 PM

CNBC broke that a 7.something earthquake off of Taiwan created a 3 foot tsunami headed for the Philippines.

There are many small islands there.

Pray!

**VirginiaBob** · 12-26-2006, 01:26 PM

3 foot? Shouldn't be a problem since normal waves are 5'.

**nnuut** · 12-26-2006, 01:50 PM

Unfortunately it doesn't always work like that.

Feature: Pictures and video from the 2004 Sumatra tsunami highlighted the vast difference between tsunamis and wind generated waves. Because tsunamis have very long wavelengths they come ashore more like a long lasting flood wave rather than the breaking surf usually seen at the beach. This diagram illustrates the difference between tsunamis and wind waves when they come ashore.

http://www.ess.washington.edu/tsunami/index.html

**James48843** · 12-26-2006, 01:56 PM

Santa Claus appears:

S fund 4500 617.23 Up 2.45 (+0.40&#37

S&P 500 (C Fund) 1,415.13 Up 4.37 (+0.31%)

EFA (I Fund) 72.57 Up 0.19 (+0.26%)

**nnuut** · 12-26-2006, 02:00 PM

I hope so, but over and over again I see the DUMB MONEY come on strong at the opening bell only to fade later in the day. Not meaning to Jinx the rally, no, no I take that back!

**clester** · 12-26-2006, 02:12 PM

I noticed last week that while the malls were busy I didn't have trouble finding parking places this year. I was surprised that traffic was lighter than expected. Christmas eve was very light. No waiting in lines. How was your experience?

**James48843** · 12-26-2006, 04:07 PM

Well, I missed the cutoff time once again- off doing other surfing on the net.

I don't know what happened to Santa. He's really not makig much of an effort today.

I guess I'll just have to surf around and hope Santa make a big close today, and this week.

**nnuut** · 12-26-2006, 06:27 PM

Originally Posted by nnuut

I hope so, but over and over again I see the DUMB MONEY come on strong at the opening bell only to fade later in the day. Not meaning to Jinx the rally, no, no I take that back!

Looks like Oil (energy) is saving the day! I love it!

**airlift** · 12-26-2006, 06:41 PM

I asked this question in the I-fund thread, but perhaps someone here might shed some light on this matter? Due to European markets being closed today, will we be buying the I fund today at Monday's or Friday's closing prices? Also, crude oil is dropping significantly today, and prior experience indicates that the EAFE is significantly affected by a drop in oil due to oil companies weighting. How do we sort this out in terms of the overseas makets behavior?

**nnuut** · 12-26-2006, 06:55 PM

Originally Posted by sponsor

I asked this question in the I-fund thread, but perhaps someone here might shed some light on this matter? Due to European markets being closed today, will we be buying the I fund today at Monday's or Friday's closing prices? Also, crude oil is dropping significantly today, and prior experience indicates that the EAFE is significantly affected by a drop in oil due to oil companies weighting. How do we sort this out in terms of the overseas makets behavior?

It seems that EFA is open today. http://stockcharts.com/h-sc/ui?s=EFA...d=p55192775979
So I would think if you bought today it would be a combo of Japan's close today and the other internationals close Friday if they were closed Yesterday and Today. All are part of the EFA.
Yes, I have seen oil prices effect the international markets when there is a big drop in prices, but as I remember mainly in Briton (BP) FTSE.