jdphx's Account Talk

[merlin]

Anybody know why it took so long for the Tracker
to update with yesterday's numbers???


Wasn't updated when I checked earlier this morning...
and is only just now there at around 10am PST.


Things that make you go Hmmmm.....

The system was probably in update mode.

 

[jdphx]

Coming up on IFT deadline for Tuesday.

And the C fund is down 1.46% and the S fund 1.47% down.


Would have figured more movement on the Tracker.
Not sure how fast that updates, (seems pretty darn quick)
but so far, only ONE person moved.

Thought some would seek a dip buy, while others may sense
a little fear in the markets??

Still 20 minutes to go. Glad I don't have to "make the call".
Out of IFT;s for the month!!

 

[jdphx]

Not in it.... not looking to get in anytime soon.
But I was kinda thinking about the 'ole I fund.

With the "hurting" countries dragging things down,
what might the chances be for the stronger EU countries
(Germany, France, etc) thinking about doing away with
the Euro?

I know it might seem far fetched, but not really to me.
Is it any more of a stretch to see that, than it was for
all these countries to convert to a SINGLE currency in
the first place?

 

[jdphx]

Sticky Pants??? Sticky Pants!!!!!!!!!!!!

 

[nnuut]

I'm waiting until the DUST SETTLES!!

 

[jdphx]

With all the talk of defaulting countries, and loans, and whatnot.

This is a pretty good basic explanation of the IMF. Some might
find this informative.

https://www.imf.org/external/np/exr/facts/finfac.htm


Wonder who pays what?

https://www.imf.org/external/np/sec/memdir/members.htm


By my rough estimate... 147 Billion for Greece?

The US's part? a little over 25 Billion....


Yes with a B

 

[FAB1]

Yeah Greece is getting around 110 Bil EUROS. No doubt they will default in a couple of years so watch the news closely. But in the meantime you have to wonder what will fall next in the Eurozone house of cards...

 

[FAB1]

Yeah Greece is getting around a 110B EUROS.

No doubt they will default but look for that to happen a couple of years down the road.

In the meantime you have to wonder whats going to fall down next in the EUROZone house of cards....:notrust:

 

[jdphx]

My guess is Spain.... maybe Portugal.


Ok, put me down for the Spain/Portugal Exacta!!

Giddyup!

 

[FAB1]

Ole! couldnt happen to a nicer country.

 

[Tsunami]

Courtesy of the NY Times, below is a depiction of the web of debt between the PIIGS countries...and also check out the chart of the explosion of purchases of credit default swap's on the UK from Clif Droke's 5/3/10 article on financialsense.com... http://www.financialsense.com/editorials/droke/2010/0503.html

 

[Silverbird]

Yeek, comparing the EU situation to the Asian financial crisis...yes that makes a lot of sense!:worried:

Fun facts:toung:: China was one of the few Asian countries not really affected - their rise started around this time. Of course you also had the dot.com bust a couple years after his chart which only added to the trouble for everyone except China.

 

[jdphx]

Well I increased my positions a bit more today...

Old

40 G 35 S 25 C

New

15 G 50 C 20 S 15 I


Please welcome me to the party

 

[jdphx]

This day is beyond U G L Y !!!


Wish I had waited till today to jump back in.
That's cool, I think I could have just as easily
"missed" a good bottom entry point...

Anyone feel free to throw some support this way

Might need a little help with these damn sticky pants :blink:

 

[jdphx]

I'll lead the class today. Everybody repeat after me.


I will not look at the Auto Tracker tonight.
I will not look at the Auto Tracker tonight.
I will not look at the Auto Tracker tonight.
I will not look at the Auto Tracker tonight.
I will not look at the Auto Tracker tonight.


Class dismissed. :notrust:

 

[grandma]

I'll lead the class today. Everybody repeat after me.
I will not look at the Auto Tracker tonight.
Class dismissed. :notrust:

too sick to bother! I just checked the tsp.gov price page -

 

[Birchtree]

Oh, it ain't that bad. No one has lost money unless they switch out on the bottom - you are only looking at a devaluation that will change quickly if you hold the line.

 

[jdphx]

Time to add an avatar...

Anything to distract me from the "numbers"



Sheeeshhhh!

 

[jdphx]

Wow... it was worse than I was expecting.


So I have this 15% that I was going to put in with
a down market. THEN I read Tom's market comments.

NOW what?

What to do, what to do? 45 minutes left to decide.

Birch?

Tom?

Anybody??

 

[Birchtree]

Burn the full 15% into the I fund - just hold your nose when you do. I put my 15% in at $17.34 and you'll do better than that - maybe a $16.25 price. That is golden but will take courage in the face of pain.