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roguewave said:
How about that I fund. And it hasn't even got warmed up.

Dollar is down and foreign markets up. I fund may pay positive today despite the huge payout yesterday, but BEWARE the first day that the dollar is up a little. The I-fund cops will mercilessly mow down anyone who is invested.
 
Pilgrim said:
Dollar is down and foreign markets up. I fund may pay positive today despite the huge payout yesterday, but BEWARE the first day that the dollar is up a little. The I-fund cops will mercilessly mow down anyone who is invested.


I understand the games, my average cost is in the mid 13's, let them continue with their games because it won't change the fundamentals. Good day Pilgrim.
 
That's some kind of demonstration

Roguewave,

You have been demonstrating the merits of the buy and hold approach since January'04 - what a plan. And cheers to the next six points with salutations.

Why not Nikkei at 39,000 once again.

Dennis
 
Re: That's some kind of demonstration

Birchtree said:
Roguewave,

You have been demonstrating the merits of the buy and hold approach since January'04 - what a plan. And cheers to the next six points with salutations.

Why not Nikkei at 39,000 once again.

Dennis


Various CB's have been going berserk with the electronic printing press as of late and Japan has had a monopoly on that game for a very long time. Should the Japanese Finance Minister and Bank of Japan big dog start down a trail of raising rates, this act in and of itself, might actually make the yen somewhat attractive relative the dollar. This could add further fuel to the Nikkei as Japanes equities might look more attractive then Japanese Bonds as bond money flows into equities. I'm not suggesting that the Nikkei could hit 39,000 once again but then I never underestimate that wiley critter known as a Central Banker. Also, the same mechanism that is in place which is launching the Nikkei will also do the same for the DOW; Nasdaq; S&P etc...we're in the intial stages of this event.

Good luck Birchtree with your "investing".
 
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