Playing the I fund

[The_Technician]

Tech,

You strike me as an angry young man. Investing is no place for a person that can't control their emotions. If you are so enraged that you can't recognize the technical analysis in the 3rd paragraph, from the "lucky" joke at the end, you should not be going by the title of technician. What I said was sound - if you are watching today's moves, many sane rational people are making the move back in - and may very well back out again, tomorrow. Risk is part of the process.

The losses of the past couple days are minimal in the grand scheme of things. Even if tomorrow proves to be another beating (-1%), I will still be up over 8% for the year, beating evey L-Fund, and all but the I-Fund. My grand strategy is to meet or beat the best performing fund for the year (and every year). Historically, this approach would have yielded an average annual return of 19% for the last decade.

If the breakdown continues, I will go to the G - which will only bring me closer to catching up with the I-Fund and achieving my goal even faster. If the market goes up from here, I still have lots of catch-up and more work to do....by being aggressive.

Do you have an overarching strategy?........I doubt it. Your to emotional, and any loss is to painful. Your lack of a spine is what is keeping you from making money. Do yourself a favor and focus on the objective...not on keeping up with the Jones'. Face the facts, you are so far behind every other person that you are jousting with, that you don't have a prayer of catching up - the anger is keeping you from making rational decisions. Your praying for a contrarian move that will magically boost you to the top of the pile. It ain't going to happen. Only through methodical analysis and emotional detachment will you be able to adapt to an ever changing market and be successful.

MMm MMmmm MMmm ....guess your observance of me is totally wrong the whole way......no spine????? Now reading your description of me has got me laughin now......you are so far off base.....anger....only for your insulance/ignorance....ROLOL again.....:nuts:

Some of you guys are such an outrageous laugh......just hang around for a while ....I haven't been sitting like you want to think.....your ignorance will be shattered.....the last quarter has been very interesting.....and you still don't know what that means......

Just like I tried to tell ya last week.....but you were told and you did the opposite......(you felt lucky on Monday, wow, what investment decision tactics)....the first time you do this is ignorance due to not knowing what I was telling you..., next time its defined as being maybe stubborn....because you may have paid attention but didn't get it, but the third time...., you will be defined as stupid....for you should have known.....and didn't do anything......maybe again you will feel lucky....what a good investment strategy....:nuts:

Its amazing to think I will end up helping you guys make money in the end.....I shake my head.....

I don't make investment decisions because I have no spine???? LOL again....maybe I wish to know more about what I'm doing before making an important move and take the time to get'r dun, but no spine......:nuts:

What a laugh.....u real funny griffin Griffin......I think Tom is ROLOL now......:nuts:

 

[Birchtree]

May I take liberty to interdict here momentarily - the problem is not one of questionable spine. The Technician is 74 inches tall and weighs at least 280 pounds. No the problem is the bowling ball he has for a head has more than five holes in it. It's not his fault - we made up awhile back didn't we?

Everyone gets antsy when they give back a little. Got gold. How about silver, copper, platinum, or water. As always,

Dennis - permabull #1

 

[CheapShot]

May I take liberty to interdict here momentarily - the problem is not one of questionable spine. The Technician is 74 inches tall and weighs at least 280 pounds. No the problem is the bowling ball he has for a head has more than five holes in it. It's not his fault - we made up awhile back didn't we?

Everyone gets antsy when they give back a little. Got gold. How about silver, copper, platinum, or water. As always,

Dennis - permabull #1

I have given back more than a little this past Friday and Monday with 100 in the I Fund, but heh, you can't win if you don't play, sitting in the G maybe safe but its not a whole lotta fun, but I read somewhere that investing is supposed to be boring....

 

[Griffin]

What a laugh.....u real funny griffin......:nuts:

Tech,

I’m glad you are laughing, laughter is good for the soul (I still believe you need it – maybe I should take the approach of the Frenchmen in Monty Python’s holy grail – “if you don’t go away, I will taunt you again” at least you’ll be laughing – it’s hard to aim when your laughing, I might just save Birch’s life when you go postal). I too have the best interest of the public at heart. Apparently we have something in common (I know I’m going to regret saying that)

If I have you completely wrong, then provide some clarity. The whole purpose of this message board is to provide a cross reference of the full spectrum of opinions. It provides insight to the market psychology. For any source of information to be usable, one has to understand the source. Enlighten me.

What is this great strategy of yours? How does it work and what are the objectives? Teach by example, how do I play out the next couple of weeks and/or months?

 

[Show-me]

Tech,

I’m glad you are laughing, laughter is good for the soul (I still believe you need it – maybe I should take the approach of the Frenchmen in Monty Python’s holy grail – “if you don’t go away, I will taunt you again” at least you’ll be laughing – it’s hard to aim when your laughing, I might just save Birch’s life when you go postal). I too have the best interest of the public at heart. Apparently we have something in common (I know I’m going to regret saying that)

If I have you completely wrong, then provide some clarity. The whole purpose of this message board is to provide a cross reference of the full spectrum of opinions. It provides insight to the market psychology. For any source of information to be usable, one has to understand the source. Enlighten me.

What is this great strategy of yours? How does it work and what are the objectives? Teach by example, how do I play out the next couple of weeks and/or months?

Did Griffin say "postal"?:notrust: ...................Not very PC to all us POSTAL WORKERS ON THIS MB.:nuts:

Apology accepted.

 

[biggdog1]

No- still too soon. Let it fall. Wait until you see something firm below. We have a good deal more downside today and tomorrow, I think.

Better opportunity ahead to buy low on "I" before it resumes upward movement.

I bought back in today after it lost another $.29. It still might lose tomorrow but what the hey.

 

[Griffin]

Did Griffin say "postal"?:notrust: ...................Not very PC to all us POSTAL WORKERS ON THIS MB.:nuts:

Apology accepted.

Apology given...... ...........please don't redirect those credit card applications to Tech's house.

 

[Show-me]

Credit card

Apology given...... ...........please don't redirect those credit card applications to Tech's house.

To late.

 

[Spartan]

TOKYO, May 16 (Reuters) - A strong euro is less of a threat to the euro zone economy and companies have not yet complained about the single currency's gains against the dollar, a top European Central Bank official said in an interview with the Financial Times.

Klaus Liebscher, a member of the ECB's governing council and governor of Austria's central bank, also told the paper that the euro has not appreciated quite as much on a trade-weighted basis.

"I have registered really no complaints up to now from the side of industry," Liebscher said in Tuesday's FT Asian edition.

Liebscher also said the risks to price stability are high and left open the possibility of a half-percentage point rate increase at the ECB's June meeting. The extent of further credit tightening "we will certainly have to discuss," he said.

 

[Fivetears]

Pre market doesn't look good.
http://money.cnn.com/data/premarket/
If I'm not mistaken... the NIKKEI is open at this time and down 118.68; .72%

 

[Fivetears]

Anyone got the US Central / Japan time difference?

 

[biggdog1]

Nicky taking an early pounding again !!! Maybe I did get back a day Early. Dollar index is down as of 01:40. Footsie futures also do not look good. Fivetears it is 14:42 in Japan.

 

[Fivetears]

Nicky taking an early pounding again !!! Maybe I did get back a day Early. Dollar index is down as of 01:40. Footsie futures also do not look good. Fivetears it is 14:42 in Japan.

Much thanks biggdog1.

 

[bkrownd]

Good to see this thing finally cooling off a bit. Shake off some of those damn speculators.

 

[biggdog1]

It's lookin' worserer and worserer in Japan. This could be another $.20+ day for the I-Fund. :worried: :worried: :worried:

 

[Show-me]

Are we going to see the I fund go back below $20? Might be a good thing to reset for another run.

 

[Spartan]

It all depends on how the dollar reacts to the PPI and CPI this week. PPI @ 0830 eastern, could be a doozie.

 

[Griffin]

Wal-mart had higher then expected growth, should be good for the Yuan and subsequently the Yen. The dollar slide continues.

Foreign markets are steadily going green.

Inflation (other then energy) came in slightly lower.

Gold and Oil continue to slide.

US Futures are green.

So far so good - For me, today is decision day for the I-Fund (stay or go) will keep my finger on the G-Fund button all the way.

 

[Pilgrim]

So far so good - For me, today is decision day for the I-Fund (stay or go) will keep my finger on the G-Fund button all the way.

Why would you bail?? What possible triggers are you looking for and what do you fear MIGHT happen in the next few days??

 

[Griffin]

Why would you bail?? What possible triggers are you looking for and what do you fear MIGHT happen in the next few days??

I am operating off of two theories, the 1995 theory (that the gains at the current growth rate steadliy continue for the rest of the year) and the 4 year curse - we get a large pullback or reversal (I include the inverted yield curve effect into this theory - typically it takes 3-5 quarters before the yield curve effect kicks in). Over the last couple of weeks, I have come to the opinion that the market behavior has changed from the pattern of the previous two years. I intend to move forward with a buy and hold strategy as long as this growth rate continues. If the growth rate shallows, I will go back to a market timing strategy.

Today we are again at the bottom of the channel, a drop from here may be an indicator of another change to the market behavior. I am very bullish in my behavior, but I am ready to dial that back if the situation changes.

Siempre Gumby (always flexible)