Interfund Transfer 8/22/ for 8/23/05

[tsptalk]

imported post

The herd has gotten so pessimistic that we just may see a few days of strength. Obviously today the market is up so I'm hoping for a little follow through this week. This will likely be a short term move as I believe the pullback is not over, but we may see an attemptto push toward the recent highs. I still have onefinger on the escapebutton in case I am wrong.

Effective Tuesday (COB Monday) I will be 25% C, 50% S and 25% I fund.

 

[plpjap]

imported post

Can't believe you did an about face so fast. I think these oil prices and higher interest rateswill eventually result in a downturn in stocks. Good luck though. I just changed from the c fund to the g after 2 years. Nice gains

 

[tsptalk]

imported post

So fast? I've been on the sidelines for 2 months. The about face will be getting out of stocks on any type of rally. This is a short term play. As I mentioned in Monday's market comments, be nimble or be defensive right now.

 

[ou81200]

imported post

Tom---

Problem is, with the 12PM deadline makes it close to impossible to be nimble :shock:.

It's more like luck. lol.

 

[plpjap]

imported post

My mistake....thought you just switched into the F fund last Friday

 

[tsptalk]

imported post

No, you were right. That part was quick. My point in being in the F fund was that it could do better than the G fund in the short term. But when stocks became very oversold I got out of the "safe havens" and moved to stocks. Not a wise move in retrospect, but that was why the quick turnaround.

Tom