Fivetears said:
A
very good call on the long-term, sponsor. I just have this gut feeling we haven't seen the bottom of the I-Fund yet, and TV has a way of spinning things (at times) to get people to do things. I'm still looking for the rest of this FYCL correction (6-8%) and a couple Gulf hurricanes. If neither materialize... I'll be a couple miles behind... playing catch-up. Good luck, sponsor.
By no means do I believe that I have a crystal ball. My opinion is based on a combination of technical indicators, as well as fundamental financial and economic conditions. I miss my mark many times. However, I do read the opinions of very respected Wall Street commentators and analysts, and I believe that we are on the right track for the second half of 2006.
We might revisit the lows in the indices this year, and perhaps we might even go lower at some point. However, the probability of a comeback is historically more probable than not. If you look at the charts that Tom put out today, we are at the lower end of a rising trend line. I agree with him that in all probability we will not enter into recession. It seemes that the FED is again trying to engineer a soft landing. If we are successful, the U.S. Indices will close higher this year. If that occurs, the International markets will follow the U.S. to the upside, because they are not yet. so far, delinked from the U.S, economy/or markets. Even though the I-fund is not concentrated in investing in emerging markets, but rather, more established economies, Japan does invest significantly in a very important area of growth -- Communist China. In my view, this is like investing in China, but without the excess risk that entails investing directly. Believe me, if my opinion is right, you and I, and all of us who are investing in the I-fund will reap handsome rewards. Things might change... and change could happen very quickly... So, I ask you and all of you to put your ideas forward so that we can reach a more profitable consnsus. If I am wrong on this, just give me a warning. I am open to ideas and to change when necessary! Take care!
P.S. What does "this FYCL correction (6-8%)" mean?