The more people on the Lilly Pad the better the bull likes it. His strong back can only carry so many. Enjoy your rest but please be careful of neck strain.
Protecting these profits. My feeling is that the DJIA will continue to rally until the close. This is the dead catbounce we have been waiting for. However;Friday is another story. Safety is key here...Preserve the capital and wait.
Todays close felt like the Market wants to go lower. There was no conviction with the DJIA and Co. Feels like I will stay sidelined until I get a better feeling. It seems that the DJIA wants that 11,000s levels before going back to the all-time high. I will post my return on Saturdays.fwiw Mission to 12%.
The switch is on now!!! Markets new fear are now Recession and not Inflation. Weak job number will spook the markets telling the markets that there is indeed a slowdown. This is worse than inflation,because with inflation, the Fed can fight it. Recession, you cannot. Buckle your seatbelt and postion yourself. I am sidelined 100% G, which paid the penny yesterday. http://www.dailyfx.com/story/dailyfx...393296262.html
+4.79% for the year need 7.21% to hit goal![]()
Indeed! Especially for us still in negative territory.
http://money.cnn.com/2007/03/09/news...ion=2007030915 This tells me that the Fed. will not hike rates any time soon. Possible cut,but that would also be bad. A cut is a fear of recession, a hike is inflation. The Fed. is walking a tightrope. Real Estate Industry is sluggish which can bring the consumer to a halt by not spending. Time to be careful and wait things out.
I have a feeling the OSMs and the USM will close lower Monday. The pull-back and pushup were too fast. I still think the markets will retest new lows, but in time. I am eyeing the C Fund. Why? because it has not beat the I or S Fund % wise in one day. I think the C Fund is overdue for this to happene. For Monday, I went to G Fund and will see how the OSMs and early futures in the US play out. Also, business cycles tend to last 3-5 years. The markets are frothy and with the mortgage meltdown possibly occuring...the markets might end the year in deep red. Still early in the year. gl
I always track your posts and you have been doing well. So I thought I'd check where you would be heading. I reasoned it's time to make some money now.
So you moved into "G".
I'm already in "G"
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Oh well.
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S&P 500 (C fund) 1d 5d 3m 6m 1y 2y | Dow Completion (S fund)
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