Interfund Transfer 3/30 for 3/31/05

[macdtrader]

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Thanks for yourgreatcharts and your educational explanations of the stock market. You motivated metochange allocationsfrom 60% to 100% in "C" Fundeffective 12:01AM Tuesday. My timing was wrong and I lost money Tuesday but more than recovered what I loston Wednesday.Let's hopeTuesday wasa bottom for the S&P 500.

Currently I like "C" more thanthe "I"Fund since"I" gained nothingon Wednesday.Maybe theUS Dollar was oversold and is temporarily gaining strength due torising interest rates and foreign currency tradershearing talkof more aggressive tightening of the US money supply in the future by the Federal Reserve Bank.Thanks again for the great website.

 

[tsptalk]

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Rod wrote:

Tom, do you think the bottom already came yesterday?

Or could this just be a knee-jerk reaction to falling oil?

If we didn't hit the bottom, it is close. I have mixed feelingabout the rally today. It looked impressive but I wasn't involved. I was hoping for something a little less enthusiastic. :?

 

[tsptalk]

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tgrmike wrote:

Wht not some in S Fund?

Rising interest rates.

 

[Rod]

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Tom, do you think the bottom already came yesterday?

Or could this just be a knee-jerk reaction to falling oil?

 

[tgrmike]

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Wht not some in S Fund?

 

[tsptalk]

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Since we have to make an early decision I am changing my allocation and gambling that we may be seeing a bottom here. If not close.

I will be going 50% C, 50% I fund (rather than 50% G, 50% I, which I reported earlier).

Sorry for the late change.

Tom