Playing the I fund

[Griffin]

Yes.....its been a time of reflection and correction on this side.....deaf ears, maybe, then it is so....lets see what a few of months of "experience" will net then.....I'm game.

At least I can say "I did let you know".....

If you avoid losses by losing all the battles, you will outlast the opposition and win the war?

Sounds like French military strategy to me

 

[mlk_man]

MM ..... I wouldn't follow you into the abyss for nothing personally.....

Whew! Tells me I'm on the right track!

 

[James48843]

Time running out-

What do you guys think- should I jump into "I" right now before the noon cutoff?

Everything down today- but not as much down as I thought it was going to be. A move now would allow big springback north on Monday.

What do you think- should I jump in to "I" or wait?

 

[Griffin]

I think I've made my position clear...............JUMP. Ooops, too late.

Just kidding, giving it a day is actually the smart thing to do.

If the pullback that is now the topic of enormous debate does actually occurr, you will see all the charts across the board start dropping out of the post November 05 channels. It will be apparant in a day or two. If the market is set to recover, then it will probably squirm for a day or two before coming up giving you the time to get back in.

I'm taking the cheapshot approach (betting on being lucky) and hoping for a surge on Monday.:nuts:

 

[The_Technician]

Whew! Tells me I'm on the right track!

MM, remember this day ......:laugh:

 

[mlk_man]

W.........E...............that's sign language for "whatever".............

 

[Spaf]

The I fund (using EFA as a reference) has a correction range 0f 1.8 - 2.7, on the average 2.2. However, conditions are overbought and it may hit the 50 day MA before it finds a support level. This is on average conditions. May and the summer driving season is near. If oil stays high the correction could be deeper. If oil drops the correction could be more shallow. However, EFA does a little wiggle of sorts when it hits a support level, a time to consider a re-entry.

 

[Griffin]

MM, remember this day ......:laugh:

Sure will,

By the way, they are serving milk and cookies over in the F fund..:cheesy:

 

[Dave M]

Ask Yourself

"What changed?" Answer: Little or nothing changed.

*The latest miniscule rate hike is just a continuation of a long string of incremental increases.
*Is there a sudden liquidity crisis? No.
*Has the vector of movement of goods and services about the globe made a sudden change in direction or magnitude? No.
*Has the employment picture dramatically changed? No.
*Any big change in govt policy? Nope.
*Are quarterly profits suffering? Uh-uh.

To me all this means that sentiment continues to rule. Sentiment can change very quickly.

*Remember the big snowstorm in NYC? Down down down we went. Next Monday, up up up again once folks got dug out.

*Remember the London subway attacks? There was a quick fluctuation and then an upswing of all things. Ditto Katrina. Who expected regional dislocation to lead to a market upturn? (Is there profit in chaos? This seems ominous.)

Since little or nothing has changed I plan to make little change to my allocations when I rebalance at the end of the month.

Dave

 

[The_Technician]

looks like the I fund is gonna drop to about 20.58 today........thats stiff......

 

[bkrownd]

Wow, wish my next payroll contribution wasn't so far away.

 

[Master]

MSCI has the I-fund at -(1.428%). Today is the buying opportunity. I hope you guys moved in!
M

 

[The_Technician]

Wow, wish my next payroll contribution wasn't so far away.

I'm not that eager myself.....

 

[The_Technician]

W.........E...............that's sign language for "whatever".............

MM, I have been trying to put a finger on it and it hit me a minute ago....you remind me of a blind dog....you don't know what hit you when it hits you in the face......and even then, your reaction will more than likely miss the mark......basically a worthless dog......

But you take me, I'm more like my black Labrador, if I can't get to the objective, its got my full attention.....and until I get to it, I will figure out a way to accomplish my goal.....

By the way, she's a very good dog......:cheesy:

 

[roguewave]

looks like the I fund is gonna drop to about 20.58 today........thats stiff......

Thirty days ago it was at $19.30, what am I missing?

 

[The_Technician]

Thirty days ago it was at $19.30, what am I missing?

Several days ago it was 20.95.....

 

[sugarandspice]

Several days ago it was 20.95.....

That's what we be trying to tell you TECH. WE WILL STILL HAVE TIME TO GET OUT AND STILL MAKE MONEY!!!! And you would have to. What could you possibly see as a better time to be in? And when you see it let me/us know. That's when I bail.

 

[roguewave]

Several days ago it was 20.95.....

I'll take the percentage that I'm up over the last thirty days at $19.30 versus what I have given back since $20.95.

 

[Brett]

I'm thinking that if the I-fund is still down (I'm 100%) Monday before noon, I'll jump to the G for a little bit until I see a turn around.

 

[ayla]

I'm remembering that the last time I got burnt in the market was in an April/May timeframe. Losing my nerve a little with it being down so hard today. I agree with Brett, if it's down Monday a.m., I may head for cover in the G. (But then I'm also learning that I need to go against my instincts with this investing stuff. Lots to think about.)