coolhand
Well-known member
imported post
smedlap wrote:
I agree with your assessment, I like the I fund too.
smedlap wrote:
As usual Smedlap, you offer great advice. Patience, that's something I have to work on. I'm getting there though. I'm still learning.Coolhand, good morning. The dollar may firm in the short term but the truth of the matter is that the $ will weaken for a long time to come. Only those that travel to Europe see that as a problem. Now, we love our dollar. But our dollar does not know us. Dollar will weaken minimum 7% this CY which means an equal kicker to the I fund (an equal fund to the stong C and S). The historic charts of the funds reflect such over the past 2 years - equal strength and dollar weakness. We have a great economy and I see job growth during the next 2 month reports. I'm out to G Jun unless something dramatic occurs. Tom has called the market well according to historic charts / data. But it has been erratic because Warren has been played against the dollar, so the weak hands are not there. I just think the I fund and patience are the current and near future play. We areconsumers and remain such becauseour economy is in great shape! Appreciate your charts and your plays. I am sticking to a steady hand only because I do not see the steady growth waves experienced during Nov - Jan where one can jump back and forth. Right now, one can leave I fund for a seeminly better near-term C or S fund opportunity only to get hit by a surprice increase somewhere. Patience and lets see if we can get the 8% annual growth plus 7% kicker. I would be very happy with this come 31 Dec!!!
Nice morning - work!! Thanks Tom, I see you in G trying to give best advice - and you are!
I agree with your assessment, I like the I fund too.