350Z's I Fund Thread - Sept. 07

[Fivetears]

I think we're sliding into
REPRESSION.

Bloomberg stated tonight that money is being deverted to overseas markets because the U.S is sliding into a recession.

 

[James48843]

Turnaround, no?

Postive finish in Japan, and now Europe is looking better too.

Who'd a thunk it?

 

[Show-me]

Bloomberg stated tonight that money is being deverted to overseas markets because the U.S is sliding into a recession.

That is blunt and to the point. Merlin, was it commentary or a article?

 

[Jonathan]

And now this....

Fed says tight credit hurts housing and little else
http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=OBR&Date=20070905&ID=7421076

Wow -- you know, I'm no economist and I'm certainly no Bernanke, but I have to say, from everything I've read, that's a pretty short-sighted view.

 

[Robo5555]

Wow -- you know, I'm no economist and I'm certainly no Bernanke, but I have to say, from everything I've read, that's a pretty short-sighted view.

I'm no economist either but I think that we are on a market correction and not a recession. Housing, fuel, jobs,and loans add fuel to the fire but overall we have a strong economy. More so now that we have emphasis on a world economy. USM's lead the way on the worlds economy. We should be back on track soon.

 

[The_Technician]

Wow -- you know, I'm no economist and I'm certainly no Bernanke, but I have to say, from everything I've read, that's a pretty short-sighted view.

Yeah, you have to fill those houses with something besides just thin air....and all those manufacturers are going to sell less....of course if they are overseas selling you a toaster, cheap clothes dryer..and so forth, it may only hurt the overseas economies, but I think since we have a global situation now, we will see the effects .....GLOBALLY.:blink:

Where's my horse.....Trigger boy, get ya butt overhere and quit messing with your main squeeze.....

 

[James48843]

Showing down 2 cents right now.

 

[350zCommTech]

Wow -- you know, I'm no economist and I'm certainly no Bernanke, but I have to say, from everything I've read, that's a pretty short-sighted view.

Yeah, and they also said sub-prime was contained.

Watch what they do, not what they say.

Example: Today, the ECB injected more money. Why???? Because the previous attempts didn't work!:laugh:

 

[12%ayear]

Yeah, and they also said sub-prime was contained.

Watch what they do, not what they say.

Example: Today, the ECB injected more money. Why???? Because the previous attempts didn't work!:laugh:

100% correct..350z

 

[12%ayear]

A huge rally may be underway today. WHY? 2 things Walmart and John Chambers from Cisco. He said the world economy is just fine. LOL...Anyway, I will take it.

 

[350zCommTech]

A huge rally may be underway today. WHY? 2 things Walmart and John Chambers from Cisco. He said the world economy is just fine. LOL...Anyway, I will take it.

I don't know. They might fade this pop. AAPL is going to be a drag on the Nasdaq. $200 price cut on the Iphone????:nuts:

 

[Pilgrim]

A huge rally may be underway today. WHY? 2 things Walmart and John Chambers from Cisco. He said the world economy is just fine. LOL...Anyway, I will take it.

How long before the street figures out that this morning's news reinforces the beige book and means that the FED can afford to sit pat for a few months?

 

[Minnow]

I know this is the I fund thread and I like the OSMs potential to finish out the year strong but does the recent performance of the S fund give any of you guys/gals some pause? are you playing the short-term strength at all?

 

[350zCommTech]

How long before the street figures out that this morning's news reinforces the beige book and means that the FED can afford to sit pat for a few months?

Exactly..

 

[350zCommTech]

I know this is the I fund thread and I like the OSMs potential to finish out the year strong but does the recent performance of the S fund give any of you guys/gals some pause? are you playing the short-term strength at all?

Yup, when I move back in, my first choice will be the S fund and second choice is the I fund. Because of housing and the credit crunch, Tech will be the last hope. They have been rotating into tech for the last 2-3 weeks. Just look at the strength of the Nasdaq. This game will eventually end but I don't know when. The news with the Iphone is very bad for tech, but it might not sink in for a while. But for now, yes, I will look to the S fund first.

 

[350zCommTech]

I don't know. They might fade this pop. AAPL is going to be a drag on the Nasdaq. $200 price cut on the Iphone????:nuts:

They faded it an filled the gap. The Yen is rising again.

 

[fedgolfer]

Iphone is very bad for tech, but it might not sink in for a while.

Not just the iphone, but everybody who bought apple on the dip sold on the news. 84 mil in volume, largest volume day of the year for aapl, mostly all of it after the product announcement... but I think everyone saw that one coming. If the 20 and 50 DMAs don't hold and it falls through the psar, it will probably test the 8/16 low, which is, imho, a no-brainer buy. 350, you eyeing financials pre 9/18 Fed announcement? if financials start leading over tech, its party time. If they don't cut -- which I don't see how they can't unless they have other tricks up their sleves, we will be below the lows in a heartbeat.

 

[350zCommTech]

Current estimate: Down .018% or less than a penny.

 

[350zCommTech]

350, you eyeing financials pre 9/18 Fed announcement? if financials start leading over tech, its party time. If they don't cut -- which I don't see how they can't unless they have other tricks up their sleves, we will be below the lows in a heartbeat.

Yes.

But, I don't see a cut coming. The markets have rebounded nicely and we have not gotten any economic news to support a rate cut. They might be waiting for employment numbers to go negative. The Fed's beige book gave absolutely no hint. Bernake even said that a rate cut might not help the credit markets. Something tells me Bernake doesn't want to be looked at as a Wall street whore, like Greenspan.:laugh:

 

[Minnow]

Are we going to see some pre- 9/18 posturing in the OSMs? I know the US markets are going to be fudged somewhat to beg Bernanke for a rate cut and this will somewhat influence the OSMs but to what degree do you think this will influence the OSMs?