fabijo's account talk

[fabijo]

Next stop... Thrift Investment Board.

It looks like I have to play hardball. I'll be working on my Freedom of Information Act request this week. It shouldn't be too difficult to get. This reminds me of an FOIA request I made a few years ago with the NSA. I requested info on Project Echelon. The response I got back was:

The existence or non-existence of such a program is classified information.

:nuts:

 

[nnuut]

I tried the FOIA thing one time, they begged me to cancel it and gave me the info.

 

[fabijo]

That crazy I Fund! It likes to go up when the monkeys are sleeping.

What's wrong with you S Fund? You're looking limp.

 

[RunningFool]

Must be kryptonite.:laugh:

 

[fabijo]

Thanks, RunningFool. I chased away Lex Luther, so the S Fund gained some strength back.

 

[Birchtree]

Your working against 7 years of gains - money is moving out to the large caps.

 

[fabijo]

Your working against 7 years of gains - money is moving out to the large caps.

Yup, I think you're right, Birch. But you know how I do it. I'm just bouncing around between all three funds.

 

[kar_crazy]

hello FABIJO ,hows your monkeys looking for tuesday or is it to early just wondering if you will ride the S or change the I G L where ever they send you

 

[IllinifanMichael]

The existence or non-existence of such a program is classified information.

:nuts:

That is stellar!!

 

[fabijo]

hello FABIJO ,hows your monkeys looking for tuesday or is it to early just wondering if you will ride the S or change the I G L where ever they send you

Heading over to the C Fund. Monkeys are dancing at the rapid changes it's making. When I look back at the data, the monkeys were mostly in the S and I for the past few years, but these past couple of months have seen WAY more C Fund calls from the monkeys than in recent years.

 

[fabijo]

Yippee!! Could be short lived, but the S Fund pulled through with a 20 cents gain as I hopped over to the C Fund. Now I'm 0.13% above where I was when I jumped into the I Fund at $24.58. Thank you, Monkeys!

Of course, if I had just stayed with the C Fund, I'd be up 1.13% from that time (May 7).

 

[ebbnflow]

Fabijo congrats, that +.20 cents gain is a biggie! I wonder what you've been feeding those monkeys...

 

[fabijo]

Yippee!! Could be short lived...

Yup, short lived. Missed another good day for the S Fund.

 

[kar_crazy]

keep feeding them monkey's they seem to work pretty good G L

 

[fabijo]

Didn't get to check with the monkeys, but made the IFT to S fund because of it being down and the C being up so far this morning.

 

[fabijo]

Well, that little trip to the S Fund worked out (at least for today). Let's hope I'm not jumping out too soon. I'm headed to the C Fund at close of business tomorrow.

 

[ATCJeff]

Well, that little trip to the S Fund worked out (at least for today). Let's hope I'm not jumping out too soon. I'm headed to the C Fund at close of business tomorrow.

Right now it feels like we can't miss. Starting to get that feeling in my gut that tells me to run for cover. I'm playing the seasonality data this week.

 

[fabijo]

Short Sales Break Record on NYSE; Market Bulls Get More Bullish
By Daniel Hauck and Michael Tsang
http://www.bloomberg.com/apps/news?pid=20601109&sid=ahMn3AUnD_CY

The amount of shorting -- where traders sell borrowed stocks expecting to buy them back after prices fall -- jumped to 3.1 percent of the total shares listed on the New York Stock Exchange this month. That's the highest since at least 1931, according to Bespoke Investment Group LLC, a research firm in Mamaroneck, New York.

Ultimately you have to cover the short positions and that tends to create more of a buying frenzy

investors betting on declines aren't acknowledging that stocks are cheaper relative to earnings than in 2000 when the Internet bubble popped.

Shares of companies in the S&P 500 trade at an average 17.8 times earnings, compared with 32.8 times at the end of the last bull market

``The last time we were here there was bloody optimism everywhere and enthusiasm about the future, and everything was going to go up,'' said Paulsen, chief investment strategist at Minneapolis-based Wells. ``Today it couldn't be any more opposite. It's a pretty good environment.''

 

[Birchtree]

When this bull is ready to keelover, it will be from too much revelry, not an excess of caution. Poor China - parabolic rises contain within themselves the warning of a price breakdown. The hammer is ready to drop on the S fund today - sorry.

 

[fabijo]

From the charts below, the S Fund seems to be the only one kicking.