No Surprise. Fed raises 1/4 point.

[tsptalk]

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So far, the market seems to like the 1/4 point raise and whatever Greenspan said afterwards. As I've mentioned before, I don't always trust the first move made after a rate change. Tomorrow's actionwill be more telling.

 

[Rod]

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I've been 100% S since yesterday, and the gains have been nice.

I will stay 100% S. Once again, that beta 3 personality coming out in me.

God Bless:^

 

[Rod]

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Ahhhh... it was another nice day for S Fund gains. Up 10 cents per share.

I gained about $60.00 these past two days. Not too shabby.

God Bless

 

[Rolo]

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Rod wrote:

I will stay 100% S. Once again, that beta 3 personality coming out in me.

beta 3? I've never heard personality types described that way.

 

[Rod]

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Beta isyour marketrisk factor. All stocks have a beta factor.

Below Beta 1- below average risk

Beta 1- average risk

Beta 2- twice average risk

Beta 3- 3x average risk

Beta 4- 4x average risk

Find your stock, then scroll down and look at its market risk under "Beta":

http://www.pcquote.com/my/welcome.php

God Bless

 

[Rolo]

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Ohhhhhh! haha....I know what beta is....I was thinking along the lines of Hippocrates and such....baha! See my over-analysing at work!

 

[Rod]

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I kindaTHOUGHT you knew that already!

God Bless!