Thread: Will the S Fund Rebound?

I am kicking myself here this morning for jumping back into the S the other day. The charts were not clear. By this I mean, it could have gone either way (continue down or rebound) and I moved back in hoping it would rebound nicely. When you look at the August 16 low of 604.38 and the October 11 high of 713.32 on the DW4500, the current pullback to 687.4 is about 24%. While it is possible that this level could hold, we could also see a substantial pullback by as much as 68%. This leaves a wide range of further drop possible. And with the RSI still above 50, that leaves a lot of downside opportunity still. Look at late July/ealry August where the RSI drop from just above 50 down to below 30 encompassed about 70 points (10% loss!!). I am bailing tonight. Not worth the risk.

wow.. bad time to be invested heavily in stock. I guess I'll just stay in S and see what'll happen next week... Will we see what happened in August in the next week? hope not.. too late for an IFT..

Be right and sit tight. Watch Griffin, he'll show how to bleed in the S fund. He's already bled 3.6% and will do so again today.

Looks like the C Fund lost about -.44 and the S about -.53 today. According to 350z's estimate on the I, between -.47 and -.57, depending on the -FV. I would guess the F made about 3 or 4 pennies.

I think the "Cooler" should be held responsible for some of this mess.

Originally Posted by Minnow

Hmmm??? the C -.01, the S +.01 the I +.09 the F +.02 (or .03) anybody sensing a BIG Friday tomorrow? I am... let's keep our fingers crossed

Note to self: next time your spider senses are tingling... that's not good... yikes... good luck to all of us next week. I need a very stiff drink!!!

Ouch, Ouch, Ouch. I should have stuck to my plan, and didn't as always. I think you are better in this voliatile market, to stay in G, and wait for these drops, and jump in. Then ride it up 3-4% and get out and wait patiently again. Did I Do it? No... today hurt.

Oh well, hope for a big run up next week.

Negative...why?.......you'all will be back to where you were in no time. The G fund is always there if you can't handle this type of storms. Most of us have been through this many times. No big deal. Better days ahead!

I am going to sit in G until I see a bottom. RSI has been as low as 40 today. At this point, I believe it is more likely to continue to drop to the 30 level than to go back up. Maybe by the end of the week, we will reach an entry point.

IMHO - Entry Point was Fridays close....

Originally Posted by Ed the Fed

I am going to sit in G until I see a bottom. RSI has been as low as 40 today. At this point, I believe it is more likely to continue to drop to the 30 level than to go back up. Maybe by the end of the week, we will reach an entry point.

Might be a great fund to be for the next couple of days!!