Transfer 6/3 for 6/4/04

**tsptalk** · 06-03-2004, 02:59 PM

I'm maxing out my current cautious level and going down to 60% stocks. Beginning tomorrow I will be 40% G, 40% C and 20% S.

The market has been up about 8 of the past 9 days. Yesterday's oil news may have been the exhaustion rally (the last of the bears became bulls) I had been talking about. We have been due for a short term pullback andwe are now seeing signs that it may be starting.

Friday the new jobs report will be out and from what I have been reading, there is some potential for some blow out numbers (lots of jobs)with possible major revisions to prior reports. This could trigger more short term interest rate fears.

What does this mean for the market? My guess is interest rate sensitive small caps may be affected most. The dollar may rise because of additional signs of a strengthening U.S. economy, which could affect the I fund adversely.

These are all guesses, and this is just how I am playing it. This is a short term move and it could all change in a day or so.

**bigged** · 06-03-2004, 05:23 PM

Hi, this is my first time in message arena, I would like to follow your allocation changes as close as possible but I get them to late to make changes. It is my understanding that it has to be done by 11:00 a.m. to take effect next day?

Thanks
Bigged

P>S> just retired

06-03-2004, 06:18 PM

Welcome Bigged, actually it's 12:00pm EST. So if your in CST time zone, I guess it's 11:00am. Am I correct on this Tom?

**Rolo** · 06-03-2004, 06:57 PM

Welcome, Bigged! and Congratulations.

**tsptalk** · 06-03-2004, 07:00 PM

mlk_man wrote:

Welcome Bigged, actually it's 12:00pm EST. So if your in CST time zone, I guess it's 11:00am. Am I correct on this Tom?

Yeah 12:00 noonET. 11:00 AM central, 10:00 MT and 9:00 PT. Hawaii? I know we have a few here but I'm not exactlysure of the time there.

Welcome bigged!

**tsptalk** · 06-03-2004, 07:06 PM

tsptalk wrote:

Friday the new jobs report will be out and from what I have been reading, there is some potential for some blow out numbers (lots of jobs)with possible major revisions to prior reports. This could trigger more short term interest rate fears.

What does this mean for the market? My guess is interest rate sensitive small caps may be affected most. The dollar may rise because of additional signs of a strengthening U.S. economy, which could affect the I fund adversely.

These are all guesses, and this is just how I am playing it. This is a short term move and it could all change in a day or so.

Looks like I wasn't the only one worried about the small caps. They're getting hit pretty hard today. Is this a 'sell the rumor', 'buy the news' deal? I hope not since I will only be 20% S tomorrow.

**Rolo** · 06-03-2004, 07:13 PM

Ya, the S&P500 appears to be much stronger than the Wilshire 4500 today; I'm glad you got me interested in the C fund. Does this 'inversion' happen often?