churning, any direction?

[gunyvw]

one day up one down... cant move in and out... transfer to slow

 

[gunyvw]

so far so good

looks like about 1.6% up from close of business jan 3 of 61.42
...from open of that morn. of 60.50 it would have been over 3%...
maybe we'll get something good from this month after all...
lets keep hoping for tues...

 

[nnuut]

In real money the "I" was 18.47 on the 12th of Jan and 18.45 at the close today. HUMMMMMMMMMMMM---buy and hold?

 

[clester]

The chart for the EAFE looks strong. It's in the uptrend channel, but getting close to the top. We may see a short term correction soon. It may be too hard to play day by day.

 

[roguewave]

Nikkei on steroids tonight. European markets not looking bad. Should be an interesting day for the I Fund tomorrow. Let's see if the Dollar co-operates.

 

[LA_Guy]

Does anyone know if Nikkei and other asian markets will be closed on Monday for Lunar New Year?

 

[gunyvw]

In real money the "I" was 18.47 on the 12th of Jan and 18.45 at the close today. HUMMMMMMMMMMMM---buy and hold?

yep...thats when my account went to its all time high...jan 12th
and COB 26th was a new all time level...

this being friday will we loose the gain?
...i hope you are right rougewave

 

[clester]

The I fund will hit a new high unless something drastic happen. The GDP will help the dollar weaken. The Fed may have to stop sooner than expected.

The Fed will be important. Anything could happen.

Should we let our money ride until then or take some profits?

 

[gunyvw]

9:37 am gap up at open...

i am staying for the whole first quarter unless i hit my stop...

but make no mistake... i will run like a 3am trash dog caught in a flashlight beam... if it does... lol

 

[clester]

gunyvw,
What's your stop? I would like to stay in, but getting nervous now that we've had this run. I ,also, have my finger on the eject button.

 

[gunyvw]

i have been using my cash account to factor... i guess i could/should corelate it with the index number... (will)
but about $4500 (current) dollars from the top of my account is the stop for me....
this will save me from myself and not move out to quick... like i almost wanted to do early this month...

remain calm clester... its only money lol, lol, lol...

Rule: if you get greedy sell or walk away...

if we are scared that's what keeps us on our toes... scared is a good thing.. so are you greedy or scared... lol

but seriously soon i hope to be using a techincal approach to this business (after observing hands on for 1 year or so) and leave out as much emotion as possible

 

[clester]

It's not that I'm scared or even greedy. I just want to maximize my profits.
I would like to avoid any BIG downturns, but I'm not worried about small corrections in the market. although it would be nice to miss them.
I't can be emotional. I mainly focus on the trends.
The I fund is in a long term uptrend.

 

[dell]

Does anyone know if Nikkei and other asian markets will be closed on Monday for Lunar New Year?

I believe this will begin the Chinese Year of the Dog. I don't know how it may effect the markets being closed.

 

[gunyvw]

It's not that I'm scared or even greedy. I just want to maximize my profits.
I would like to avoid any BIG downturns, but I'm not worried about small corrections in the market. although it would be nice to miss them.
I't can be emotional. I mainly focus on the trends.
The I fund is in a long term uptrend.

i dont mean any harm clester... just messing around
you and i have the same investment idea(s) in mind...

 

[clester]

The Euro/dollar has been sliding down towards the $1.20 mark. If it goes below that the trend could pull it lower (stronger dollar). In fact all the currencies are near support levels. The Fed meeting may help us out?

Dollar is a little stronger this morning. Stocks flat, so we'll start off in the negative this morning.
A good day to add to positions?

 

[gunyvw]

clester

BTW that EXIT number you asked me about...
i calculated it to be 59.10 on EAFE

 

[clester]

The EAFE is at the top of its moving average channel. We may get a little pullback. If the Fed hints at all that rate hikes are about over we'll get a big day IMHO.
Right now its all about the FED.

 

[The_Technician]

Looking at the $/Euro

conversion charts and its favorable for the $ for a month or so.....looking for the I fund to take a hit......

 

[Master]

MSCI has the I fund losing 0.226%, about 4 cents/share.

 

[gunyvw]

well troops we made it out of JAN.... and i didnt think we would
looks like 2.29% (EAFE) give or take... and i will take it.