FundSurfer account talk

I feel like a Vegas gambler.... let it ride....

Actually the markets are green today which is a good sign. This is options expiration but there really wasn't a great gain this month in order to generate a lot of window dressing action. We are still at the bottom of the channels on CS&I. It does look like the slope of the channels may be at inflection point (changing to shallower slope up - probably expect that given the summer is upon us).

I'm looking for several red to flat days in a row as a signal to get out. We keep getting a couple flat/red days followed by a green which is keeping me in. I'm staying put for Monday. Keeping my diverse allocation cause I'm not too bullish.
 
70% F & 30% I.

I moved to F because when I look at both C & S , those funds are likely to be at the top of short term channels by COB today. Between May and October, I am agressive about getting out when my target is reached. On the I fund, it may follow the US up tommorrow and the dollar may slip back from it's morning jump. I'm keeping my 30% there to see which way it is going before jumping. I considered jumping to 100% I but felt this was too risky for me. I settled with just leaving what I had in the I-fund where it was.

I went F instead of G because it is depressed. Looking for a bounce. I'm don't follow the F-fund that closely so this is more of a feeling (combined with following others I respect) than an educated move.
 
Basically said why inthe I-fund thread. I'm thinking the USM is toppy and if/when it goes down it will take OSM with it. Europe trended down late.

Too much risk. I went to F. F because it is over due to turn around.
 
I don't trust the markets enough to jump back in on a red day. If this was Oct-April time frame I might. I'm patient enough to wait.

The F-fund is really irking me. I usually bail to the G-fund. I guess I need to learn more about the F-fund. I'm staying in F for now. If I jumped to G that would guarantee a large F-fund gain for tommorrow... :D
 
I did what I could for ya, FogSailing. You should get an F-fund pop tommorrow. :D

I moved into C&S funds because we are bouncing off of what I see as the bottom of the channel. I'd rather the C&S didn't bounce too high today.

i thought about the I-fund but wasn't comfortable with the risk/reward. The I-fund has been slowed by an uptrending dollar. That slows the I-fund growth. The C & S have had greater percentage gains over the last month. I'm going with the flow, not fighting the current. There is always the possibility of overseas instaility which could raise the dollar as people flock to a safe currency or overseas instability could hurt OSM. I've decided to wait and see on the I-fund. It is high risk and those who roll the dice and win will likely be well rewarded.

60C - 40S.
 
Thanks Fundsurfer..

I fund did well today. I need to check on whether I made a few sheckles in F. My computer's been on the fritz for two days. I'm sticking with I through tomorrow, then I'm going into caution mode.

FS
 
I see several people bailing out to F-fund. I'm staying a while longer. I'm staying out of the I-fund just because I think the dollar uptrend makes the C&S more attractive short term. Still think I-fund likely to go up.
 
I'm shifting 40% into the I-fund hoping for a rebound tommorrow. If the momentum continues up today, we could be looking at a +FV which would hurt those going into the I-fund since Barclay's is a BAD GUESSer and would probably over do any FV and those of us buying in would end up paying back more than our fair share of an FV. I'm staying heavier weighted in the C than the S because the slope of the 50 day average is steeper (c gaining more than s). I'm not sure how long that will continue but it is most likely related to the weak dollar.

Anyway, I ended up 40C, 20S, 40I.
 
100% G because:

1. We are above channels right now and have had a good run. Expect profit taking.

2. Just finished the Tally... SentimentSurvey is kickin butt .... it just went to sell.

3. I tend to not like being in the stock market over the weekend if it is questionable.

4. Time of year. May to October I err on the side of caution.

My method calls for me to wait for weakness before bailing out to G-fund which means if I followed it to a T I'd stay in the market. I'm deviating.
 
Hi Fundsurfer:

I hear ya... I wanted to jump back to I but the "Chinese hoopla" has me staying cautious for at least another day...

I was surprisd to see the USM's battle back to positive territory today. I didn't see a lot to cheer about in the econimic or market news this morning..

FS
 
Merger and acquisition's seem like the only thing holding it together. ISM today, but no matter what the number the market will rally. Factory Orders missed by half and we finished positive.
 
Looks like I'm not the only one with that opinion.

http://yahoo.reuters.com/news/artic...6-05_10-11-23_L05822336&type=comktNews&rpc=44


By Peter Starck FRANKFURT, June 5 (Reuters) - U.S. stocks look likely to extend their winning streak on Tuesday, driven by mergers and acquisitions, while eyes will also be on economic data and remarks by Federal Reserve Chairman Ben Bernanke.


The gains were fuelled by takeover news, and traders expected that would remain the focus of an otherwise thin corporate agenda. "For now, M&A momentum continues to push stocks along," said Philip Blows, head of trading at Pacific Continental Securities.
 
Back
Top