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My concern is that the US DOLLAR is now free to run. The Fed is done cutting to fight oil prices. Also I feel the job number will better than expected causing another rally. I also think MAY will be a nasty month after this week is over.
Nailed it again 12%. Nice call.The job report will be better than expected causing another rally today. I am locking profits....100% F Fund. Markets will be in trouble this month based on the notion many are saying we are out of the woods. Rebate checks will not work.
posted above last week. 13000s did not hold like I said, the first week was good. I am in the F FUND since Monday. Will lock profits in the F FUnd tomorrow and G Fund it until June. See you in June.We will see the Dow break 13000s this week and then I forecast some serious downside. Earning season is coming to a end. The economy is in really bad shape. They are afraid to use the word Recession. I am looking to lock in 1%-2% and go into the F Fund for a few days. Then I will enjoy the G FUND for the rest of the month. 13000s will not hold. Too many negatives. You will also see the media come out and say that the rebate checks did not work. I see the first week of May to be good and then a sell-off. Just my 2 cents. Protect those profits!!! Hard to come by these days.
You will see the Dow get slammed hard. Shorts are going to wipe out this gain today. Looking for a red close with the DJIA. Inflation is a serious issue and todays number was not postive. False rally12% - Looks like a good start - but F Fund has some gains as well.
So tell us Magic Guru - how will the Markets end today???
You will see the Dow get slammed hard. Shorts are going to wipe out this gain today. Looking for a red close with the DJIA. Inflation is a serious issue and todays number was not postive. False rally
You will see the Dow get slammed hard. Shorts are going to wipe out this gain today. Looking for a red close with the DJIA. Inflation is a serious issue and todays number was not postive. False rally
It came very close to red from that high. This was a false rally. The markets are in trouble. The Fed is done cutting and now they sit and wait to hike. BTW...FWIW...I've got to give you credit - there have been many days that no one would have dreamed would end the way they did -
No One EXCEPT 12%
So when I saw the Markets going down I had to brace myself and expect the worse. It was still a very good call.
We might get a COLA over$1000. 3 more months to go.It came very close to red from that high. This was a false rally. The markets are in trouble. The Fed is done cutting and now they sit and wait to hike. BTW...FWIW...
Cost of Living Adjustment (COLA) Update
For Employees Covered by the National Agreement and the Operating Services Agreement:
(Updated 05/14/08) In April, the Consumer Price Index (CPI-W) rose to 627.606. After the third month of the six-month measuring period, and assuming the adjustment were made based on the April CPI, the fourth COLA under the 2006 National Agreement would be $624 per year, which works out to $24.40 per pay period or 30 cents per hour. However, the fourth COLA will be based on the July 2008 CPI index point and will be effective Aug. 30, 2008 (pay period 19-2008, pay date Sept. 19, 2008.
Cost of Living Adjustment (COLA) Update