Market Talk

[Guest]

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Should be I Fund/Japan...

I believe Australia does not even make up 1%...to bad...great market....I was up 28% there last year :^...I love the Oz dollar....and Oz coins....

Good luck out there!

MT

 

[Spaf]

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MarketTimer wrote:

Should be I Fund/Japan...

I believe Australia does not even make up 1%...to bad...great market....I was up 28% there last year :^...I love the Oz dollar....and Oz coins....

Good luck out there!

MT

Good luck to you MT! :^ Spaf

 

[teknobucks]

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another down day ahead...setting stage for possiblecsco inspired rally next week???

may sell all I holdings short term.....dollar rally has some legs!

C fund looks best 4 short term potential with some safety......if that makes any sense...LOL


************may just bail from stox till late summer and not worry at all. amax loan from TSP for an investment property would probablybe wise now.


IMF rumblings about selling gold ...


Sentiment was also undermined by talk of possible gold sales by central banks and concern over expected discussions at this weekend's G7 summit about the UK-led proposal to use some of the IMF's gold reserves for Third World debt relief.

"We will discuss using IMF gold and financing World Bank debt service payments," Gordon Brown, Britain's finance minister, said in the UK parliament on Thursday.

"There is $12 billion owed to the IMF by the poorest countries in the world. If the IMF was prepared to either revalue or sell its gold, that would be the best way of removing the liability that these countries have," Brown added.

 

[teknobucks]

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US rate futures surge on Jan payrolls shortfall
Fri Feb 4, 2005 08:38 AM ET

CHICAGO, Feb 4 (Reuters) - Short-term interest rate futures surged higher on Friday after U.S. jobs growth for January was well short of Wall Street forecasts.
Deferred Eurodollars logged big gains on ideas the Federal Reserve might pause its program of interest rate hikes earlier than the market had assumed. The projected Fed funds rate at the end of 2005 slipped below 3.50 percent.

Futures still fully price quarter percentage point rate increase at the Federal Open Market Committee policy-setting meetings in March and May.

The U.S. added 146,000 non-farm payroll jobs in January, the Labor Department said. The median forecast was 190,000. Payroll growth for December was revised to 133,000 from the initial 157,000

 

[pyriel]

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teknobucks wrote:

US rate futures surge on Jan payrolls shortfall
Fri Feb 4, 2005 08:38 AM ET

CHICAGO, Feb 4 (Reuters) - Short-term interest rate futures surged higher on Friday after U.S. jobs growth for January was well short of Wall Street forecasts.
Deferred Eurodollars logged big gains on ideas the Federal Reserve might pause its program of interest rate hikes earlier than the market had assumed. The projected Fed funds rate at the end of 2005 slipped below 3.50 percent.

Futures still fully price quarter percentage point rate increase at the Federal Open Market Committee policy-setting meetings in March and May.

The U.S. added 146,000 non-farm payroll jobs in January, the Labor Department said. The median forecast was 190,000. Payroll growth for December was revised to 133,000 from the initial 157,000

Between you and Tom's post, you both are not giving me a good vibes for the rest of Feb.

 

[Mike]

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Surprises are bad. :shock:

Time to pull my money off the table and wait. My next play will probably be exclusively in the I fund... after the dollar rally reaches its apex. As long as the loss isn't too severe today, I should still come out ahead on my last I fund move...

 

[teknobucks]

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Greenspan sees U.S. current account deficit stabilizing By Greg Robb
WASHINGTON (MarketWatch) -- A confluence of market pressure and fiscal restraint may dampen the U.S. current account deficit in coming months, said Federal Reserve chief Alan Greenspan. In a speech prepared for delivery Friday to a conference in London, Greenspan said market pressures "appear poised to stabilize and over the longer run possibly to decrease the U.S. current account deficit and its attendant financing requirements." He said there is also growing support in Washington for cutting the federal budget deficit, which should also reduce pressure for the U.S. to borrow abroad. Greenspan repeated that the current account deficit cannot widen forever, and said U.S. economic flexibility "will likely facilitate any adjustment without significant consequences to aggregate economic activity."

http://www.federalreserve.gov/boardDocs/speeches/2005/20050204/default.htm

 

[teknobucks]

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here this clears it all up,,,,LOL

http://www.signalwatch.com/markets/markets-dow.asp

 

[Spaf]

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teknobucks wrote:

here this clears it all up,,,,LOL

I pawned my crystal ball (it was leaking on the rug) and got us a market giger counter. It measures gigers in the market place. Using the secret formula of eight maybes divided by oscillating up and downs.

My dog keeps barking at it, but I don't have a dog. It works great with strong medication and alcohol, sort of like your sparkplug. Back to reading Catch-22.

Rgds. Spaf

 

[vectorman]

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Hey Spaf,How are you spread in the TSP funds? Thanks

 

[Spaf]

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Hey Vectorman..........Let's see I'm at 30G, 20C, 30S and 20I. Spaf

 

[Spaf]

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If you had bought $1000.00 worth of Nortel stock one year ago, it would now be worth $49.00.

With Enron, you would have $16.50 of the original $1,000.00.

With WorldCom, you would have less than $5.00 left.

If you had bought $1,000.00 worth of Budweiser (the beer, not the stock) one year ago, drank all the beer, then turned in the cans for the 10 cent deposit, you would have $214.00.

Based on the above, my current investment advice is to drink heavily and recycle.

Rgds, <hick> Spaf

 

[Show-me]

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Where the heck do you get 10 cents a can.:shock: I'll start drinking more.:l

 

[Rod]

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teknobucks wrote:

another down day ahead...

WHAT was that???

Just kidd'n... I hope everyone didn't run for G today!

GOD BLESS:^

 

[teknobucks]

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Rod wrote:

teknobucks wrote:

another down day ahead...

WHAT was that???

Just kidd'n... I hope everyone didn't run for G today!

GOD BLESS:^

yes sir...made trade as posted.

sold into more green than i expected...oh well!

that darn MT guy scared me...THE SKY IS FALLING!!!!....LMAO

looks like we will test the MA's to the upside now.

 

[teknobucks]

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happy superbowl weekend everyone!!!!

nice way to end da week!!!!!$$$$$$$

 

[Guest]

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that darn MT guy scared me...THE SKY IS FALLING!!!!....LMAO

Tell me it ain't so!!

 

[Timer]

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Mike wrote:

Time to pull my money off the table and wait. My next play will probably be exclusively in the I fund... after the dollar rally reaches its apex.

Mike, you took the words right out of my mouth. I'm at an all time high on my balance, I got through Jan by being very conservative, jumping in and out of stox judiciously. I agree with Mike here, there's an upcoming opportunity in the I fund when the dollar runs out of gas.

 

[Guest]

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teknobucks wrote:

Rod wrote:

teknobucks wrote:

another down day ahead...

WHAT was that???

Just kidd'n... I hope everyone didn't run for G today!

GOD BLESS:^

yes sir...made trade as posted.

sold into more green than i expected...oh well!

that darn MT guy scared me...THE SKY IS FALLING!!!!....LMAO

looks like we will test the MA's to the upside now.

146K growth is good. Yes, I was wrong.

This is just like 2000...everyone bought the dip...six months later who was the dip?

The economy is now under inflation...it is like you all ready forgot last month all ready...a ton of new money came into the market today...

Mr Tekno you of all people are wise enough to see that stocks are greatlly overpriced...in a couple months the expensing of stock options will start hitting bottom lines...

OK. Bash me all you want...but just like in 2000 everyone was bashing now...then March 2000 the shoe fell everyone continued to buy on dips and eventually sold at 40-75% losses. I am trying to make people aware on this board that the economic data supports stocks going down not up...the dippers are back in force...

MT

 

[Guest]

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Timer wrote:

Mike wrote:

Time to pull my money off the table and wait. My next play will probably be exclusively in the I fund... after the dollar rally reaches its apex.

Mike, you took the words right out of my mouth. I'm at an all time high on my balance, I got through Jan by being very conservative, jumping in and out of stox judiciously. I agree with Mike here, there's an upcoming opportunity in the I fund when the dollar runs out of gas.

Mike/Timer,

You are correct...at every G7 the U.S. dollar gets jawboned up...central banks have been dumping dollars like they are on fire...as I stated...the I fund will be the best performing fund for the 2005...right now it is a bargain and the C, F and S are diasters waiting to happen...however in 2006 nothing is going to work.

Good luck out there.

MT