imported post
Coolhand, Chaplain and RetireRich. Any potential disasterwill beglobal.
Retirerich - smart move as I believe the S is as good as the I Fund.Those of us that have bedded in I fundare just working the currency advantage right now. Tom made anexcellent pointthat I picked up onin hismarket comments wherehe speculated he may have missed the I fund opportunity by 1 day. He has always been an advocate of the S fund. What he was saying to me is he sees the positive swings and he thought he may have traded into a wave, not an opportunity. Fact is, I thought about switching yesterday from the I to the S because of the spread created between the 2 funds in the past 5 trading days. I fund clearly recovered the lead and in my opinion - too far from S fund to be sustained. Yesterday was the time to buy the lead swing opportunity and then when S catches up to the I, change again. For me C is a good basic buy right now but nothing more. So I see funds trading in a narrow progressive range. The opportunity is not just riding the I or S stock funds but switchback opportunities (spreads) where one can double a gain. This will not last longas European traders will soon be off the ski slopes and will attempt to stem the dollar decline! Rotation at 100% is not for the faint of heart, it is hard core play! I do not advocate day trading to anyone unless in a rare positive uptrend market which I think we are in
I will also probably make my last play and transition to G fund hibernation at COB Friday 21 January and wait for a dip which Ihope will come with the FOMC sometime around 2,3,4 February. February ishistorically a slight loss month. Listen to the market analysts on Bloomberg - 8% next year. Thanks to this site and Tom, we did very, very well these last 2 months. I will go into withdrawal.