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Or you can now use TapaTalk again!350Z's 2007 I Fund Thread
- Thread starter 350zCommTech
- Start date
- Status
I made an early IFT right now, following the ebbtracker to G at cob. My strong reasons: I have decided to maintain discipline -- once I made the decision to follow the ebbtracker system. If I begin to play around with various systems at the same time, I will only be calling for confusion to set in. The ebbtracker's track record is evidence of its success. It works well, but you have to be disciplined in order to get optimum performance and obtain great gains. I have no doubt whatsoever that other systems are successful as well. Admittedly, sometimes I have deviated from the system and followed good ideas from other fine minds such as Griffin, Show-me, 12% and others (the list is lengthier than this). I will keep doing this. However, my core system by choice is Ebbnflow's tracker.
I will come back to the I-Fund later, because I believe that with the USD relative lower strength in relation to the EURO and other currencies, the international Fund will most likely have an edge for some time. In all fairness to Ebbnflow, his ebbtracker even factors-in the currency issues (and whatever other relationships he has placed in its composition or design). For example, I was already beginning to recover from significant losses these last weeks. Now comes the subprime lending crisis. IMO, even though the ebbtracker cannot anticipate all crises, the longer term discipline will prove to be very profitable. Ebbnflow announces his good intentions as "It's +30% or bust!".
Reason tells me that if the ebbtracker could improve significantly, instead of 30% the gains would rise to 50% or right up to dreamland. Anyway, I am happy with this 30% goal.
BTW, this is not a paid advertisement! I only want to share my views with you. My best wishes to all!Last edited:
Show-me
TSP Legend
- Reaction score
- 104
12%ayear;108842 said:early estimate...-67 cents minus +.33= -34 cents
Wow, that is one heck of a flush. I'm staying in even though I hate staying in over the weekend.
GL everyone and read Tom's comments about you folks close to retirement.
Also, I'll leak this out a bit. We are in the process of "beta testing" the new tracker. It is freak'n SWEET!!!Easy to use, give rankings, full discloser of each members IFT's, and comments for IFT's.
Just watched that Jim Cramer Market Meltdown video (thanks, Show-me). I don't watch Cramer very often, so I have no idea how frequently he gets upset about stuff. But from everything I've seen, he's absolutely right and the pollyannas who are saying things are fine and contained are being proven wrong just about every day.
Show-me
TSP Legend
- Reaction score
- 104
A few week ago Robert Drach on the NBR market monitor said that the Government WOULD bail out the subprime problem and that you should be buying the stocks that everyone is running from.
http://www.pbs.org/nbr/site/onair/transcripts/070720g/Last edited:
You know, I'm not sure how I feel about that.
On the one hand, if it saves us all greater financial pain, then I can see the rationale. And no, I don't like the idea of tons of people losing their homes.
On the other hand, a lot of people (myself included) put off buying homes and didn't take the bait of going for some fancy, non-standard and risky mortgage arrangement, opting instead to wait until my financial situation improved and housing prices came back down somewhat. I'm not terribly happy to be potentially bailing out those who didn't think before they jumped, especially when housing prices could be lowered by letting the chips fall where they may.
In the DC area, it's hard enough to get a decent house for the money, and I would bet that's been made more difficult, in part, by the extra demand created by the excesses of the subprime market.
Show-me
TSP Legend
- Reaction score
- 104
I'm in your camp, but the reality is that if the "people" want the politician to bail them out, the politicians will because the "people" cast votes. I am changing my position some what. I do think the Fed will bail out the subprimers and spin it that they were doing it for the "people" that are loosing their homes and not for the lending institutions. No tax money involve just lower the rate. Question is when? The Fed is always slow to react.
McDuck
Market Veteran
- Reaction score
- 46
Also, I'll leak this out a bit. We are in the process of "beta testing" the new tracker. It is freak'n SWEET!!!Easy to use, give rankings, full discloser of each members IFT's, and comments for IFT's.
That sounds great
buda
Market Tracker
- Reaction score
- 1
Also, I'll leak this out a bit. We are in the process of "beta testing" the new tracker. It is freak'n SWEET!!!Easy to use, give rankings, full discloser of each members IFT's, and comments for IFT's.
You have been reported to the SEC for leaking info!
12%ayear
Market Veteran
- Reaction score
- 30
I think you will see the FED step in next week. They will pour over this crap over the weekend. I also agree with draggen3, it seems better to wait for the OSMs to take the lead before entering the I Fund,Monday. The C Fund is the one to lead the way. If the Fed acts Monday or postive spins, the spillover will help USMs first because Japan is closed by then.
James48843
TSP Talk Royalty
- Reaction score
- 615
...
Also, I'll leak this out a bit. We are in the process of "beta testing" the new tracker. It is freak'n SWEET!!!Easy to use, give rankings, full discloser of each members IFT's, and comments for IFT's.
I got it- you must be Karl Rove in real life- ""leaking" about the new on-line tracker! NO SOUP FOR YOU!
Seriously, the beta prototype has been active for a couple days now, and it working well. We've made a dozen changes and fixes so far, trying to get the functionality down to a science. And I can say it is SWEET!
It's not quite ready for prime time yet, but it's getting closer. Watch for it over the next few weeks, if we get everything working right.
As was said before- beta tester volunteers are being accepted - see message above.
fedgolfer
TSP Pro
- Reaction score
- 26
Anyone see Dennis Gartman on Fast Money last night? Supposedly, he called the euphoric top and shorted the Financials 3 weeks ago (but so did other smart money that recognized the distribution patterns in the financials) Although he also thought a 10% dip would come in February's drop, he was spot on with this one. He believes the market will react negatively to any subprime/credit news and that we're just seeing the tip of the iceberg. He believes this trend will continute for a year or more. Rattigan stopped the questioning there.
If the Fed doesn't step in soon I agree with Gartman. Just helping the banks and institutions are only band-aids as the bad news will continute to flow in and the media will jump on it more and more, probably creating more panic in the retail traders/investors... but lowering rates will help the consumer. Is it in the cards to lower rates briefly and provide a window of opportunity to help those in the credit crunch... then raise again to curb inflation?
James48843
TSP Talk Royalty
- Reaction score
- 615
Bloody day, eh?
weatherweenie
TSP Legend
- Reaction score
- 119
Bloomberg shows I fund down 2.86%- Status
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