Thread: Griffin Account Talk

Well with that out of the way, GW can get back to Gilligan's Island.

how do you see the markets digesting this the next few days? I suppose our real answer lies in the close, huh? even though the markets are up, the volume is light on the action.

how do you see the markets digesting this the next few days? I suppose our real answer lies in the close, huh? even though the markets are up, the volume is light on the action.

One of the mouthpieces on Fast Money said we should be in the market for Tuesday. That's the pop day.

With that said, I feel real good about staying on the beach in the 'G' for a while longer

Geaux

Originally Posted by anidoc

What did I miss?

Oh and Grif, why F instead of G? I don't think Ben is going to cut Tuesday, but if he does, won't F get killed?

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Watch this video - he does not get it and you can see from the expressions of the other folks standing there that they know that they've blown it.

I may not be doing another IFT for several months - so what happens in a day or two is fairly irrelevant.

Originally Posted by anidoc

Australia has tanked and a large part of I Fund is vested in that.

That is not exactly true. The 1/1/07 listing of EAFE had Australia a 5.6%
Europe was 69%; Australasia/Far east 31%

So the question remains, will the global market tank too?

Originally Posted by logdoc

Unless one thinks that this will be a world wide recession, why wouldn't a person keep a percentage in the I fund. It has been down but the rest of the world will keep moving forward. The US will get the flu and the rest of the world will get a sniffle I am thinking. I plan to keep 10% exposed and 60% G and 30% F. If the entire world is not tanking, just the over borrowed, over leveraged, over-bubbled US, I'd like a better return than the G and F provide. And I am willing to place some of my funds at risk. I've dodge most of this recent carnage and see the I as a place where I can avoid most of what is yet to come for the US stock market.

I understand your logic but the Japanese market plays off of the US market. Their down when we are down and if their up and we are down a negative FV follows. (Don't pay attention to me, I just roll the dice and if even I'm in and odd I'm out).

Originally Posted by logdoc

That is not exactly true. The 1/1/07 listing of EAFE had Australia a 5.6%
Europe was 69%; Australasia/Far east 31%

So the question remains, will the global market tank too?

I agree but each country is separate not band together.

Originally Posted by merlin

I understand your logic but the Japanese market plays off of the US market. Their down when we are down and if their up and we are down a negative FV follows. (Don't pay attention to me, I just roll the dice and if even I'm in and odd I'm out).

Europe and Hong Kong appear to be tanking. Time to capitulate.
Heading for the G on Tuesday

Originally Posted by anidoc

Good luck, hope you didn't wait too long. I made my move Friday to G/F. tomorrow it all goes to G. I don't see any rate cuts, bailouts or stimulus packages coming until at least 2/6. Ben wants the markets to feel maximum pain IMO.

I have been in a defensive mode since September/October and was 85% G and 15% I which when things got dicey and skitish I was doing a few IFT with the I fund but gave up trying to time the I fund shifts. So the recent drops didn't cost me more than a few percent of 15% Maybe tomorrow I'll be loosing $5-7k. But as I have said before this market reminded me of the 1970's when the market did nothing but flop around in a static trading range. I think it took the elimination of corporate pensions and the resulting growth of 401Ks in the 1980's that caused the market to rise (along with Regan tax cuts) But I believe it was the 401k growth that started the market moving again. What will it be now?

I'm currently 25% -G,C, S and I, however, will move to 0%- G, 30% C & S and 35% - I after today. Have seen this before, take adavantage of the panic selling if you are in this for the long haul.... 5+ yrs.

Wish all the best in 2008.

Hey Griffin

If you have time could you post your thoughts on today's Rate Cut? Would it be favorable play to jump into stocks for a day or two today? What will the Cut do for the F fund?

Thanks for all the great advice!