12%ayear's Account Talk

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I sure don't see a lift-off coming as of yet today.

I think it was cancelled due to low cloud cover. :D
 
12%ayear said:
day is not over yet...lol.....:D
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Part of doing business, its seems that there was no follow through today.
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Went to the sideline to the G Fund for Thursday. I would love to see the I Fund down again tomorrow. That would be a buying opp. going into Friday. The US Dollar should rally tomorrow off of OSM's rates decision. A cut would bloster the US Dollar. Remember Friday is the almighty monthly job report.
 
Hey 12%,

If the dollar rallies, and let's say it's a long term thing, what effect would this have on the I Fund? Am I right that as the dollar strengthens the I fund weakens?
 
nnuut said:
Definitely!:o
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I haven't looked but I'd be willing to be that the majority of the indexes in the I are maxed out also....(and we know that the overseas economies are drying up...)..so, combine that with the dollar gaining strength....ohhh the madness that will come.....

I'd bet the US markets won't look good either if the overseas markets dive......
 
clester said:
12,
Thanks for posting, I enjoy your thoughts. Just don't go to a paid service too!
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No way!! I make enough money to share my 2 cents. Although I am not always correct, I think I offer some sound advise to TSPtalk. However;if some feel like they need to get paid, more power to them. I believe that many should click more of our ADSENSE ADS to support there favorite posters. That way they do not have to have a paid service. It does take time and money to run a site and I respect that. My new goal starting 2008 is to make at least 20% a year..(.38% a week).
 
12%, now that the news has been released that the ECB and BOE have kept their rates unchanged, no cut or increase, how do you think that may affect the US markets? Certainly not as much as our own data coming out tomorrow, but specifically in the absence of our own reports for tomorrow, would that be a boost for our markets and how do you think it might affect the dollar?
 
Boxholder said:
12%, now that the news has been released that the ECB and BOE have kept their rates unchanged, no cut or increase, how do you think that may affect the US markets? Certainly not as much as our own data coming out tomorrow, but specifically in the absence of our own reports for tomorrow, would that be a boost for our markets and how do you think it might affect the dollar?
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IMO, this will help the US Dollar vs. the EURO/POUND. short-term. The unemployment # is key tomorrow. Bottom-line, the higher the unemployment, the better change the FED cuts and the US Dollar will sell-off. I have not made a choice yet for tomorrow. Looking at the I and the S. Will post when I make the move.
 
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