Thread: Snowcat's Account Talk

Join the club. I'm 100% G also.
Just waiting to pounce?

Originally Posted by snowcat

At the moment I'm 100% in G.

Too cautious? Probably, but that's where I'm at.

right now sure dont hurt to play safeihave to get back in bottem feeding again

Originally Posted by Idaho Dave

Just waiting to pounce?

I spent most of 2007 with 90% G and 10% I which is WAAAAY too conservative or so I've been told."" And right now I sorta miss not having the fun of looking up the closing value of I and pasting it into a spreadsheet to see each day's results.

I had been thinking of going 10% F to get back into the action (at the same time that 350zCommTech was saying that it was a good plan to go into F right after the Fed cut the rate .50). But then that plan was messed up by the Fed cutting .75 instead (and 350zCommTech changed his recommendation) as the I started going back up.

So yeah now I'm sitting on the sidelines reminding myself that I'll make more money here in G than by jumping into the I fund during a downturn.

And, yeah, I think we're due for the I fund to start going down again. [Sigh] I wish it wasn't so. I liked making the extra money by the I fund going (mostly) up during 2007.


**Cautious isn't such a bad thing since I'm now retired and I can't replace any market losses thru payroll contributions.

Originally Posted by Nimrod1193

[Posted on the I fund thread] I was watching Fast Money on CNBC last night, and they were interviewing the president of a hedge fund, when she said something that made me pause. She said, "Right now, I'd rather be out of the market wishing I was in it, than in the market wishing I was out of it." She went on to say that the fund is using rallies as opportunities to sell its positions.

I think the pain is far from over.

That's how I feel too. I just dunno how bad it's gonna be when all is said and done. [I'm still in G.]