Market Talk / June 11 - 17

[nnuut]

Hopefully this will cool off those investors worried about the Iran/Nuc problem, it has possibilities.


[FONT=Geneva,Arial,sans-serif]Iran warms to six-nation nuclear offer[FONT=Arial,Helvetica,sans-serif]

[/FONT][FONT=Geneva,Arial,sans-serif]Jonathan Watts in Shanghai
[/FONT][FONT=Geneva,Arial,sans-serif]Saturday June 17, 2006
[/FONT][FONT=Geneva,Arial,sans-serif]
Guardian
[/FONT][FONT=Geneva,Arial,sans-serif]Iran's president, Mahmoud Ahmadinejad, yesterday praised a six-country package of incentives aimed at resolving the international dispute over Tehran's nuclear programme. Raising hopes of a breakthrough, he said the proposal, which aims to curtail Iran's uranium enrichment activities, was a "step forward".

But despite his conciliatory tone Mr Ahmadinejad said his government had made no decision about whether to accept the package, which is backed by the US, Russia, China, France, Britain and Germany. "Generally speaking, we're regarding this offer as a step forward and I have instructed my colleagues to carefully consider it," he told reporters in Shanghai. "In due time they will give the response."
The EU has offered to provide trade and economic benefits to Iran in return for a halt to its nuclear programme. Also on the table is a transfer of peaceful nuclear technology, aeroplane parts, and support for Iran to join the World Trade Organisation.
The package is supported by the US, which believes that Iran is enriching uranium to produce a nuclear weapon. Last month Washington offered Iran the first face-to-face talks between the two sides in more than 25 years, but it has also threatened to seek UN sanctions if Tehran continues its enrichment activities.
Yesterday Gregory Schulte, the top US delegate to the International Atomic Energy Agency, said if Iran rejected the incentives it could face "the weight of the security council". Mr Ahmadinejad is in China for a summit of central Asian countries, where he has taken the opportunity to press Tehran's case with Chinese and Russian leaders.[/FONT][FONT=Geneva,Arial,sans-serif]Guardian Unlimited © Guardian Newspapers Limited 2006[/FONT]
http://www.guardian.co.uk/iran/story/0,,1799796,00.html
[/FONT]

 

[ocean]

YES! They both hit it just about perfect. Wow!

I really got lucky on this one. I missed the 14th market up day by investing only 15% in stock funds and I figured the market may follow it again next day. So I went 100% on stock funds betting mostly in S and I on the 15th for one day. Bang, I hit it perfectly. The average gain on that day was 3% which was equal to [edit] plus something on my TSP account. It was the most gain that I ever made in TSP in a single day.

I got to give it one to FundSurfer and the reason is that you are one of the TSP members that I follow closely because of your track record has been so consistent. I transferred to 100% stock funds on the 14th because you had 100% in stock funds on the 13th and I thought you may park there for a few days. I did not see you change on the 14th before my lunch (normally around 11:45am). So I made my move before going for lunch but when I returned I found that you made your transfer to 100% G fund right before 12:00 noon. So I said to myself, (gee) I made a wrong move but nothing I can do after 12:00 to change it back. With a little luck and I hit it big on the 14th. Disregard that you did miss that single day but you will be one of the TSP members under my radar gun for a long time.

BTW, my closing TSP balance on the 14th was [edit] and my goal is to hit [edit] by year end. That’s about 10% from today and hope that I can get there.

Thanks again
Ocean

Ocean- We (Spaf & I) edited out any clues to the dollar amount for your account. It's best we don't devulge our TSP balances. Never know who's watching. Rod

 

[Spaf]

Will be closing the thread for this week. Have a happy Father's Day!

Regards...........................

....................Spaf