View Full Version : RETAIL SALES REPORT-
I'm posting this again, because my first post got stuck in "the matrix". So, expect a duplicate posting.
http://money.cnn.com/2004/12/13/news/economy/retailsales/?cnn=yes
From Yahoo:
___________
Economists surveyed by Briefing.com had forecast that retail sales would be unchanged in November.
________________
Shows what they know, huh???;)
That oughtta help us get off to a good start this week. I need to get rid of that foul taste in my mouth after those horrifically timed reallocations last week... :shock:
Futures markets are all up about 0.4%.
European markets are up over 0.5%.
Euro is up 0.4%.
*If* it all holds, we're looking green across the board today, particularly in the I-fund (after taking a huge hit last week :shock:). Hopefully, that fund will climb back up to around $15 again this week, at which point I will lighten up on it (should've done that the first time around, but I'm not clairvoyant). :P
Mike wrote:
That oughtta help us get off to a good start this week. I need to get rid of that foul taste in my mouth after those horrifically timed reallocations last week... :shock:
Futures markets are all up about 0.4%.
European markets are up over 0.5%.
Euro is up 0.4%.
*If* it all holds, we're looking green across the board today, particularly in the I-fund (after taking a huge hit last week :shock:). Hopefully, that fund will climb back up to around $15 again this week, at which point I will lighten up on it (should've done that the first time around, but I'm not clairvoyant). :P
Hey Mike, I'm currently 50% I, and I did take that loss on Friday.
When do you plan on lightening up?
I'm contemplating today.
We have very strong upward movement in europe right now. The Dax (germany for those who don't know) is up over 1%. France is right behind, and Britain ain't doing too shabbily, either. Last I saw, Hong Kong was slightly lower (about 0.1%, so negligable), and Japan was modestly higher. Combine that with the euro being up 0.4% thus far, and it looks like a very nice day for the I fund (EAFE currently up 0.8%, leading all of the TSP indices).
Here is my current position on the I fund:
I have 25% purchased at $14.63 per share and 10% purchased at $14.93 per share (as it slid off its highs - wish I made that purchase a couple days later, oh well). So, to make this profitable, I'm forced to wait for a few days of gains to materialize and erase last week's losses. We're off to a very good start today, thankfully - the current gains would put us back up around $14.80. I expect a good week, so I might be able to lighten up my I holdings by Friday. We'll see what happens.
Powered by vBulletin® Version 4.2.5 Copyright © 2024 vBulletin Solutions Inc. All rights reserved.