Rod's Account Talk

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Finally making an IFT after holding since 10 Jan. Taking advantage of the dollar's weakness, which may very well be short-term.

Effective Tuesday:

30 C

20 S

50 I

God Bless:^
 
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Just so you know, I'm still holding at:

30 C

20 S

50 I

I've been extremely busy with my PCS / House Hunting, so I'll probably be holding this for the short term unless I have a real good reason tobail to (G).

God Bless:^
 
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We may have to run for cover soon, with our "Gas masks" in hand.

You may have already heard- gas prices are poised to rise 20-30 cents a gallon over the next week.

Keep a close eye on those oil prices... because we could quickly lose today's gains.

We justmay need to lock'em & load'em (gains)NLT Monday, folks.

God Bless:^
 
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tsptalk wrote:
Nice going Rod. You sure played this better than I did. :^
Thanx Tom. This is my strategy, maintaining some sort of "hold" allocation while the choppiness continues, because we just never know when we will get that relief rally.

At the same time, I just gotta hope that the up days will outnumber the down. That is the chance I am taking by remaining invested.

I haven't sought shelter in (G) since December, and I am now :}2.07% for the year.

But I have this "inkling" that I may need to move there effective Tuesday. I haven't felt that in quite awhile, so I may need to take that seriously. I'll just have to see how Monday shapes up.

God Bless:^
 
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Rod wrote:

But I have this "inkling" that I may need to move there effective Tuesday. I haven't felt that in quite awhile, so I may need to take that seriously. I'll just have to see how Monday shapes up.



Rod, good job in sticking with the rally. What makes you have the"inkling" - would you care to share?
 
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IBD Fan wrote:
Rod, good job in sticking with the rally. What makes you have the"inkling" - would you care to share?


I began tosense it once I heard that gas prices will be rising 20-30 cents a gallon. Where I live,they haverisen around 14 cents a gallon in just 2 days. I foresee that to go even higher this upcoming week. BUT, is that already factored into the market? I don't know.

If I do pull out, I may still leave some in (I).

God Bless:^
 
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Thanks for providing the insight:cool:. It seems your philosphy and mine are close to each other. Thats why I asked you. If you dont mind I will be tracking your moves and asking as you go along.

God Bless:^
 
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IBD Fan wrote:
If you dont mind I will be tracking your moves and asking as you go along.

God Bless:^
I don't mind at all. But keep inmind, I'm an amateur. So, I will not be providing you with technical answers.
 
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I'm still contemplating my move, although crude dropped 58 cents a barrel & techs are rallying.
The dollar gained a bit against the Euro & Pound... but not too much. I'll probably stick with (I) until the dollar gains 3 days in a row OR gains 2 cents within 2 days. From my tracking, that seems to bewhen the downward trend for (I)begins.

For the Euro, on Mar 1, the dollar was trading at 1.3172.

It is now trading at 1.3195, down from yesterday's 1.324. So as you can see, not too much of a difference. To me, that's no cause for alarm. Then again, that's just me. But if it is at 1.29 by tomorrow's close, then I may pull out of (I) OR buyinto the weakness.

This week may not be too bad, since there aren't any major economical reports duethat investors are waiting for. Combine that with oil dropping 58 cents a gallon, I'm not as nervous anymore.

Some interesting data:

2004 closing prices:

C= 12.91 NOW=13.06

S= 14.73 NOW= 14.75

I= 15.48 NOW= 16.02

As you can see, the (S) still has room to grow. Is this where we need to be??? Well, as of this writing, the NAZ is up 26.56. So, today (so far) would have been a great day to be in (S).

Once again, I don't use any fancy, shmancy charts to decide upon my moves. I simply try to track the dollar the best I know how, and combine that with a little bit of "gut feeling" & common cents.;)

Effective Tuesday:

30G

10 C

20S

40I

God Bless:^
 
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Rod, thanks for laying out your thoughts :^. When you say you track the dollar, is that for the I fund or all the funds?
 
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I just bailed out of 100% I to 100% G today before 12 EST. idnt like what I saw witht he Asian market up, Euro mixed but the dollar up and the EAFE up. Thought the I fund tracked the EAFE very closely so am expecting the I fund to be down today if the numbers stay about the same the rest of the day. Interesting that you say the I may not follow the EAFE.
 
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Gritz wrote:
Rod, thanks for laying out your thoughts :^. When you say you track the dollar, is that for the I fund or all the funds?
I basically track the opening & closing of theEuro, Pound, and the Yen against the dollaras it pertains to the (I). If I see that the dollar is falling, then I know to get out of (I).
 
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IBD Fan wrote:
Thought the I fund tracked the EAFE very closely so am expecting the I fund to be down today if the numbers stay about the same the rest of the day. Interesting that you say the I may not follow the EAFE.
The EAFE does not track the (I) as close as we'd like it to. There are some topics in this forum in which we discuss this very thing.

Search "EAFE" and you might come across some.

God Bless:^
 
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I'm now completely ditching US equities. Effective Friday:

30G

70I

God Bless:^
 
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I've been way-over-my-head too busy this past week (the military is to blame:P)to keep a close eye on the markets, and it is costing me in the (I). I'm nowexperiencing that "trapped" feeling that WE ALL experience sooner or later.

That said, I'm simply going to remain in hopes of recovering some of those losses because Ido not likeselling on losses, no matter how painful it might get.

Hopefully we'll have a rebound soon. If not, I'll then begin to move little by little off the table.

God Bless:^
 
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I'm taking a little off the table in (I), because when I do this it always seems to rebound. Hmmm... go figure.:P We'll see if the "curse" continues so I can use it to my advantage in order to kick-start the (I).:D

Effective Friday:

40 C

60 I

God Bless:^
 
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I can't wait for the markets to open to make a decision because I have an apointment.

Effective Tuesday:

20 G

10F

40 C

20S

10 I

God Bless:^

RIP PJPII
 
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