Market Talk / May 7 - 13

Wizard said:
Don't worry. It will come back, right? I heard that in 2000 and watched my retired friends have to go back to work because they got crushed. :blink:

I don't believe that for a minute. You have friends? :D
 
Wizard said:
Last time F fund was $10.53 or lower was November 15, 2005.
Don't take this wrong Wizard... but it was $9.95 on June 27, 2003. :nuts: :)
A month worth of NetZero, or Juno dial-up internet service per F-Fund share.
 
tsptalk said:
I don't believe that for a minute. You have friends? :D

I guess I don't. I thought about it and everyone from 2000 that I tried to talk down of the ledge I lost contact with. :(

When the guy working the roach coach was trying to give me stock tips I knew it was going to get ugly. :D His tip was, Etoys. :blink: Going to put Toys R Us out of business.
 
Fivetears said:
Don't take this wrong Wizard... but it was $9.95 on June 27, 2003. :nuts: :)
A month worth of NetZero, or Juno dial-up internet service per F-Fund share.

Amazing. When you think that bonds are coming out of the biggest bull market in a long time. At its peak the F fund only went up about .75 per share. The main reason is no end of month dividend, I believe. F fund to me is some serious dead money for a long term buy and holder.

5tears. I don't take anything the wrong way. I just got a nutty sense of humour that does not transpose to well to written words. I don't mean anyone ill will. I just turn any situation into humour. :embarrest:
 
Wizard said:
5tears. I don't take anything the wrong way. I just got a nutty sense of humour that does not transpose to well to written words. I don't mean anyone ill will. I just turn any situation into humour. :embarrest:
Me too. Gets me in trouble a bit. :nuts:
What confuses me is... why would one buy bonds, when the dollar is professed to be worth half it's print in just a few years from now? Seems like others are buying into the euro and that economy these days.
The winds of "One World Currency."
 
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My suspicion is that the dollar will base for the next 12 months between 83 and 90 on the index. This will further help with the trade deficit and continue to prolong our Goldilocks economy. There will undoubtedly be a lot of tourist action this summer from foreign visits - also good for our economy. The dollar will take care of itself and begin a slow progressive climb to strength - the longer it takes the better the large cap stocks will do. This market is nowhere near a top - but money flows will shift. So in about three years from now the dollar should be well into strength perhaps above 100.
 
Re: Economic repair

The_Technician said:
the best way to end this economic unrest is to preempt the situation with a drop in the cost of commodities.....;)

Tech,

Are you suggesting a premptive nuclear strike on commodities at the same time we hit Iran?:blink:

And, what economic unrest are you referring to? My economics are resting just fine. Is it perhaps simply a matter of being on the wrong side of the trade?

If a person doesn't like oil going up, they can buy oil stocks as a hedge against rising oil prices. If they feel their home values are threatened with a real estate bubble, they can sell and rent for awhile. If they don't like to see the price of metals going up, they can buy metal stocks. If a person feels squeezed between lower real incomes and inflation and is not able to save, they can sell their second car, get rid of cable fees, sell their 3rd and 4th TV, scrap the cruise, get a part-time job on the weekends, sell the first car and buy an older one with liability only insurance, read for entertainment (using public library), and have a garage sale or auction items on ebay that are no longer needed. The options are endless for creating more economic cushion between income and outgo.

The economic unrest you refer to is only in the minds of those who are struggling with the reality that their spending is exceeding their income in a world that is rapidly changing. Until those facing this reality learn to live like a Korean immigrant (I mean this in the most respectful way...no racial slur intended) they will not successfully adapt nor survive what is coming.

Many feel the 'powers that be' manage the economy like a gardener manages a hedgerow. We see the FED and treasury officials pulling levers and associate what we see going on in the economy with their lever pulling. In the very near future, if not already, we are going to see a lot of FED jawboning and lever pulling and NO corresponding effect. The curtain will be pulled back on the fraud and the sheeple will finally see that the FED, the treasury, Homeland Security, or any other central planner is absolutely powerless in protecting them from reality. They will finally recognize they are on their own and it will be the dawn of a new awakening. It will be the best thing that has happened to this country in a long, long time. Government will be downsized, streamlined, and decentralized. Vertically structured and centralized bureaucracy will crumble as quickly as the twin towers. Those SES managers who 'get it' will survive the transition and those that don't will be riffed. We are seeing this in the private sector and 'OUR TURN' in the barrel is rapidly approaching.
 
Wizard said:
Yeah, just goes to show the market is fair. It gives you a chance to get out. :embarrest:

Don't worry. It will come back, right? I heard that in 2000 and watched my retired friends have to go back to work because they got crushed. :blink:

nice to have that opportunity now to get in or out with the trend vs. the 15 day hold we used to have
 
Wimpy said:
Tech,

Are you suggesting a premptive nuclear strike on commodities at the same time we hit Iran?:blink:

And, what economic unrest are you referring to? My economics are resting just fine. Is it perhaps simply a matter of being on the wrong side of the trade?

If a person doesn't like oil going up, they can buy oil stocks as a hedge against rising oil prices. If they feel their home values are threatened with a real estate bubble, they can sell and rent for awhile. If they don't like to see the price of metals going up, they can buy metal stocks. If a person feels squeezed between lower real incomes and inflation and is not able to save, they can sell their second car, get rid of cable fees, sell their 3rd and 4th TV, scrap the cruise, get a part-time job on the weekends, sell the first car and buy an older one with liability only insurance, read for entertainment (using public library), and have a garage sale or auction items on ebay that are no longer needed. The options are endless for creating more economic cushion between income and outgo.

The economic unrest you refer to is only in the minds of those who are struggling with the reality that their spending is exceeding their income in a world that is rapidly changing. Until those facing this reality learn to live like a Korean immigrant (I mean this in the most respectful way...no racial slur intended) they will not successfully adapt nor survive what is coming.

Many feel the 'powers that be' manage the economy like a gardener manages a hedgerow. We see the FED and treasury officials pulling levers and associate what we see going on in the economy with their lever pulling. In the very near future, if not already, we are going to see a lot of FED jawboning and lever pulling and NO corresponding effect. The curtain will be pulled back on the fraud and the sheeple will finally see that the FED, the treasury, Homeland Security, or any other central planner is absolutely powerless in protecting them from reality. They will finally recognize they are on their own and it will be the dawn of a new awakening. It will be the best thing that has happened to this country in a long, long time. Government will be downsized, streamlined, and decentralized. Vertically structured and centralized bureaucracy will crumble as quickly as the twin towers. Those SES managers who 'get it' will survive the transition and those that don't will be riffed. We are seeing this in the private sector and 'OUR TURN' in the barrel is rapidly approaching.
Hard... but fair words Wimpy. Sure to pi$$ off some folk.
 
If we use Gold or silver to price the Dow then the Dow would have to trade almost 60% higher just to match its old all time high. This clearly illustrates how the masses are being fleeced while being led to believe that everything is fine and dandy. The phrase "it's like taking candy from a kid" comes to mind.

http://www.safehaven.com/article-5161.htm

114655img2.jpg
 
Well, it's time to close out the weekly thread and start anew.

Was a rough week...............
sterb135.gif
...........Rgds..Spaf
 
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