View Full Version : No Surprise. Fed raises 1/4 point.
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06-30-2004, 02:12 PM
So far, the market seems to like the 1/4 point raise and whatever Greenspan said afterwards. As I've mentioned before, I don't always trust the first move made after a rate change. Tomorrow's actionwill be more telling.
I've been 100% S since yesterday, and the gains have been nice.
I will stay 100% S. Once again, that beta 3 personality coming out in me.;)
God Bless:^
Ahhhh... it was another nice day for S Fund gains. Up 10 cents per share.:)
I gained about $60.00 these past two days. Not too shabby.
God Bless
Rod wrote:
I will stay 100% S. Once again, that beta 3 personality coming out in me.;)
beta 3? I've never heard personality types described that way.
Beta isyour marketrisk factor. All stocks have a beta factor.
Below Beta 1- below average risk
Beta 1- average risk
Beta 2- twice average risk
Beta 3- 3x average risk
Beta 4- 4x average risk
Find your stock, then scroll down and look at its market risk under "Beta":
http://www.pcquote.com/my/welcome.php
God Bless :)
Ohhhhhh! haha....I know what beta is....I was thinking along the lines of Hippocrates and such....baha! See my over-analysing at work!
I kindaTHOUGHT you knew that already!;)
God Bless!
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