Thread: LOOKING FOR A NEW LOW

I'm staying 100% C fund, but if I had more courage I'd get me some of the I fund right now.

Rod wrote:

We are almost at a new low for the year in the (I) Fund.

On Jan 20, it was 14.93- the low for the year. That's where we're at now.

Will we hit a new low on Monday? Or are we now cycling back up?

God Bless:^

Rod.. Our lower low should be around 1137. The indicators (charts) look a little bleak. However, the CMF money flow is showing money being invested.

The drop in oil put a dent in related sectors. Plus we have some skiddish sentiment in the market. And we are in a trading range.

If I had to guess. With oil down. I would say that the sentiment factor of a "slowing economy" is depressing the market. Earnings are OK. Rates are rising (measured). Inflation is well OK. So whats the problem??..... Sentiment!

Rgds :? Spaf

Spaf,

Does your chart tells you how long does this negative sentiment will last?

pyriel wrote:

Spaf,

Does your chart tells you how long does this negative sentiment will last?

Pyriel.... Boy I wish I had a chart of that! We could retire rich!

That's my weak point, things should be going good (not great), but the market turns sour?

I really thought that oil was the culprit!

Don't know!....... But, I'm not selling low. Will just have to have patience and wait and see!

Rgds :? Spaf

Hello,

I notice the I fund was posted as 13.93. Now that would really be a bruise. Of course that is in error.

Birchtree wrote:

Hello,

I notice the I fund was posted as 13.93. Now that would really be a bruise. Of course that is in error.

Should have been 14.93! I'm with you. Tired of the bruising! Don't really see a rime or reason for it?

Rgds! :? Spaf

Spaf wrote:

Rod.. Our lower low should be around 1137.

So, what does that equate to on the share price?

I was referring to the share price, itself- 14.93.

Birchtree wrote:

Hello,

I notice the I fund was posted as 13.93. Now that would really be a bruise. Of course that is in error.

Got it, thanks!

look like big money start moving out little bylittle from this efa.

interesting on 10 day chart look like a strong buy signal. Probably if you got it on friday you will be well on monday.will see.

now it's time to sell sell sell this fund.