McDuck
Well-known member
I-fund $22.12 today, up 11 cents or 0.50%. That is a UfV of +0.91%.
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Or you can now use TapaTalk again!Feb (I) Fund Talk
- Thread starter Rod
- Start date
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I-fund $22.12 today, up 11 cents or 0.50%. That is a UfV of +0.91%.
McDuck
Well-known member
This article tells the "6 Reasons U.S. Stocks Will Outperform Foreign Stocks in 2008"
http://seekingalpha.com/article/63997-6-reasons-u-s-stocks-will-outperform-foreign-stocks-in-2008
ecilopaveht
New member
Where should we be friday, anyone see possibility of lots of profit taking?
Nice one :laugh:
Rustynutt
Member
[FONT="]Granted, the USM may see leaps and bounds at times throughout the year, but think the big losers will be ready to grab any chance they can to replenish their reserves leaving market [/FONT][FONT="]volatility[/FONT][FONT="] for us nickel and dime investors. They have even turned down Buffet and Gates lately, the tax payer, no interest and more free injections from the Feds is just too appealing. This guy is trying to make lemonade out of lemons.
I also don’t think that the U.S. is ahead time table wise of the economic down turn as far a Europe is concerned, they just have a lesser problem. Even if there is a surge in the USM this year, the Feds will not let anything get out of control over seas no matter who is elected next, and we’ll continue to dig holes in Iraq, an eager Poland, and continue to ward off turbo-propped Russian bombers at every chance we get. It’s not like the U.S. is outsourcing any new aircraft to American contractors, or increasing orders for that matter. Good for saving money, not good for National Defense. Money out, nothing coming in. That 24” flat screen computer monitor at Circuit City is going to set on the shelves while we pay more for regulated agriculture, taxes on fuel, developing some sort of working health care system, and on and on. The E.U. will only have to deal with a “seemingly” devaluation of the Euro. A flat in Holland, Sweden, Denmark or Switzerland will still cost Americans the same. The U.K. has their own problems, but it’s more a social issue, and likely not one readily dealt with, much like the same one that exist here in the U.S. I still call it a draw as far as the TSP is concerned. Maybe in what, 2013, once the next one term president is ousted out of office, the some 35% supporters of the current administration and congress align their views with the current majority, and a ready willing American is ready to step up to the plate and make changes to benefit Americans, restore civil liberties and Constitutional Rights that are being stripped away every night while we sleep through taxation and legislation, maybe then the Russians won’t be flying within 50 miles of the California border. I’d rather sleep with my money under a pillow than put gold in a safe deposit box only to have the government declare taxation on what's in my lockbox.. I just can't believe what is going on with DHS, eavesdropping, and how rights are just being signed away by a lame duck printing more monopoly money. I'm not seeing a Monet being painted here.
Other things to watch, Gitmo trials and executions, effect of So. American crude volume and international law suites (Bush hasn't even been able to oust the little ratbastard), monitoring of Iran's enrichment (or lack of) programs, China's involvement in Africa, India's market crash (or in the event of), larger payoff's to North Korea, more investment into South Korea, popularity, and future lack of support for a border fence, cost of enforcement of existing and future sanctions, lack of NATO support in American foreign interest, cost of monitoring the Afghan poppy trade, as well as every other little tribal dispute. Just don't see the deficit showing any signs of being lowered at all this year. I don't make that much money!
Oh, shoot, wrong website[/FONT]
Think I just drank dinner.
pezfallout
Member
Wow, Rusty, I don't think there was enough gloom in that. I agree though, we're going to hit a lot more tough times before we get back to what most would consider a "golden age," again.
On a market note, the Nikkei is up very nicely.
457.84 (3.48%)
AORD
126.20 (2.25%)
Hope Europe will follow suit, today.Last edited:
weatherweenie
Well-known member
Bloomberg quote: 7:40am ET +1.782%
pezfallout
Member
If the Feds were more optimistic, and maybe came forth with some plans or ideas to correct our problems instead of these gloom and doom prophecies, we wouldn't have such pointless market fluctuations.
It's almost criminal, because Ben KNOWS he's a tool and KNOWS what his words will do.
The F-fund is looking to dip again, today, as well. Looks like it would be a good safe-haven right now as opposed to the G, might pick up a few extra pennies in the following week.
EDIT:
And there looks to have been some serious profit taking in the FTSE. Lost all of it's gains and barely ended flat, not sure if that's foreshadowing tomorrow.
weatherweenie
Well-known member
eafe +1.45%
McDuck
Well-known member
Between 1235 - 1600 ET, the DJI went down only 0.57%. Therefore if we have a -FV then it should be only that amount and the I-fund should be up ~0.9% today.
qibovin
Member
minus the .20 +FVC from yesterday?
McDuck
Well-known member
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