Thread: genod's Account Talk

Originally Posted by genod

Rod, I've felt some of your pain as I had originally planned to stick it out in the I fund. But there came a time to exit to G fund, and I should have stayed there a few weeks ago...but I got a tad greedy

Geno

Welcome to the madhouse!

Yes, greed indeed gets the best of us. A lot of the time I simply hate selling a loss. But it's better to sell a small loss (when you see the fund beginning to nosedive) than to sell a huge one (when you decide to stick it out in hopes of finding the bottom- like I did).

Here lately, it's been a bottomless market and I paid dearly in riding out (I) to find the bottom. Perhaps I exited the bottom yesterday since the EFA is currently up 1.60% ? If not, it will simply give it all back by Friday.

If so, then I guess I count it as a blessing to be other's "contrarian indicator".

God Bless

Staying put in C, S, and I.

On one hand, I can understand many people bailing to the G fund because of next week's meeting.

On the other hand, hasn't at least a quarter point raise for next week already been factored into this market?

I am such a noob at this but how much more of a market drop is everyone expecting? And what would cause it? ... a larger half point raise at next week's meeting? ... fear of future rate increases still to come?

My goals here are to learn. I am not market savvy enough to do daily IFTs but I hope to catch some trends.

Originally Posted by genod

Staying put in C, S, and I.

On one hand, I can understand many people bailing to the G fund because of next week's meeting.

On the other hand, hasn't at least a quarter point raise for next week already been factored into this market?

I am such a noob at this but how much more of a market drop is everyone expecting? And what would cause it? ... a larger half point raise at next week's meeting? ... fear of future rate increases still to come?

My goals here are to learn. I am not market savvy enough to do daily IFTs but I hope to catch some trends.

I'm one of those who bailed to G. I don't have a clue about how the Fed announcement will go or how the markets will react. Right now, that is in the future. What I fear for the next couple of days is the rising rhetoric; talk of rates hitting 6%, etc. Markets don't like uncertainty. Best scenario is everything sags on fear and uncertainty, then explodes with relief.

We all know the bad scenarios.

Cob 09/21/2006
50 G
50 S

Moved my I fund allocation to the G fund. I left the 50% in the S fund. Risky move?...maybe. S Fund seems to fluctuate more from highs to lows. If the market is up tomorrow at the close, maybe I can get lucky.

I went back to the G fund. Today's housing price drop (the first in how many years?) is enough for me to be uncertain right now. Markets are struggling and not doing anything.

I'll sit on the sidelines because I don't know where things are going.