I Fund mixed this am..link..

[tgrmike]

Major markets in Asia (http://edition.cnn.com/2005/BUSINESS/05/04/asiastocks.wedclose.reut/index.html) closed mixed Wednesday on the U.S. Fed action, although markets in Tokyo were again closed for a holiday there. Major European (http://money.cnn.com/markets/world_markets/) markets were mostly lower, although France's CAC was slightly higher in early trading.

Treasury (http://money.cnn.com/markets/bondcenter/) prices were slightly lower in early trading, lifting the yield on the 10-year note to 4.17 percent from the 4.16 percent level late Tuesday. The dollar (http://money.cnn.com/markets/currencies/) lost ground on the euro and the yen.

[smedlap]

TGRMIKE, thanks. So how do you see the varied funds? In specific, the I fund. It seems your are attracted to this fund as I am. I appreciate Mike's comment's regarding C being a better play and it has indicated such during the recent month. However, I see the dollar sliding by 8% against other curriencies by YE and a solid list of company holdings in the I fund which rate S&P500 overseas standing. There is so much opionion on the global market envirnonment that it is argumentative. Some say S&P at 1300 and other say a 3% loss of current position by year's end. Just wanted to know I am watching your posts and appreciate such!

[tgrmike]

Well, I understand Mike's comments about "C" Fund and I guess history says that's the best place for long term investment. However, the last couple of years the S and I have kicked ---! The I for the last 12 mlonths has beaten the C and S by ~12 and ~ 8 points. I'm going to ride the I for awhile but keep a close watch. Currently 50% I, 30% S and 20% C.