Steel_Magnolia's Account Talk

Here is the way the dot chart looks as of 9 am MDT today:


I've added lines for the US Dollar Index and for gold prices, for my own use.

As you can see, the AGG (F Fund) is reaching overbought without obtaining a price above its 3-day average and the volume buzz is starting to drop. Not a good sign for F Fund.

The dollar is just starting to drop again after it was pumped up to get it up and away from the recent lows that were approaching the lows of late 2008. If we ever broach around $71.30 and go lower then protect your seed corn. Frixxxx can probably explain the reason better than I can.

On to the equity funds:

I agree with Jason on the I Fund. Although it has been doing well of late, JTH recently commented that it is too volatile for him and that is my feeling too. There are too many things that can affect the price for good or bad to trade it effectively unless a person is extremely lucky, and that ain't me! <grin>

When comparing IWM and SPY (S and C Funds, respectively) IWM remains the stronger of the two funds, as shown by the 5-day price trend vs. market and by the 5-day volume. Money trend is getting soft for both funds, however, and the SPY has a stronger stochastic. The C Fund could soon be the fund that bears watching.

I am currently invested in TNA, the leveraged S Fund.

So that's my two cents. Y'all be careful out there,
 
Just a note to let you know that after a lot of chart study and thinking about the wrangling going on about the debt ceiling, I switching to things that can protect my assets. Stuff that would equate to G Fund. Sorry, Birch, but my charts and Jason's charts are telling us the same thing. And my gut is telling me to protect my seed corn!

Y'all be careful out there folks!
 
We've had five consecutive quarters with revenue and earnings growth and that is not about to change. Enjoy your time out - I'm staying through the summer.
 
Just a note to let you know that after a lot of chart study and thinking about the wrangling going on about the debt ceiling, I switching to things that can protect my assets. Stuff that would equate to G Fund. Sorry, Birch, but my charts and Jason's charts are telling us the same thing. And my gut is telling me to protect my seed corn!

Y'all be careful out there folks!
Steel_Magnolia: Sorry you are not enjoying this ride. Hope you join us on the future ones. ;)
 
Here is this morning's dot chart and it is not a pretty one.

View attachment 11131


AGG (F Fund) is doing okay until you notice that it's 'trend vs. market price' is at -0.20. IWM (S Fund) is trying to start a comeback this morning. But when gold is the only thing doing well, we know that there is a flight to safety.
 
Our summer place, pt. 1

http://www.tsptalk.com/mb/showpost.php?p=313047&postcount=5

We signed the papers and wrote out the check yesterday, so now I'd like your indulgence while I share what I've been so busy doing the last couple of weeks. And yes, Tom, I'd love to share pictures!

Yesterday we bought 10 acres of unimproved property, along with a quarter acre foot of ground water and a backhoe! The acreage itself is nothing special, a bit of sagebrush on the front piece, then up a little gravel hill to lots of pinyon pine. A huge level place where family and friends can circle the wagons (RVs) but my favorite thing is the views. Here are some of the pictures I took yesterday at the place.

 
I am soooo jealous! I lived in field camps for half a year of my life in P-J/sage country. One of the best 1/2 years of my life. I can smell it from here, miss it a lot. wheat belt just isn't quite the same. :)
 
Kevin, water rights do not always come with a property. not in the west. WR can be attached to the deed if the water right has already been filed and adjudicated by the state water master. ground water and surface water are different adjudications.

In some places ground water is being pumped out faster than it's replacing itself through infiltration-in a few places, the groundwater overpumping is even making surface streams go dry-even tho other people hold the surface water rights. so yes, its important to buy a property that has water rights attached to the deed already-always always check that first thing when thinking of buying an out of town property.

If they had bought a property without a WR, they'd have to apply and hope they'd be allowed to obtain WR, if state thinks there's still enough to add another withdrawal from the source area/groundwater withdrawal zone.
 
Yes, Mayday, I plan on being busy doing a whole lot of nothing at the new place. ;oP

ssdave, the place is close to Pintura but a lot closer to Bryce.

And KevinD, Allie is right on. Here in the west the saying is that you "drink over whiskey and fight over water." Having that deeded quarter acre of ground water is going to be invaluable when we go to get our well permit.

Thank you all for your visits to my home! And to switch back to financials, I find it interesting at times to go back and look at stacked moving averages of where the funds have been. I hope you find it helpful as well.

 
Ah, I was on the wrong side of the mountain.

I worked in Cedar City for 5 years, covered the area from Teasdale to St. George. Saw a lot of that country in that time.

I might not mind going back after my kids were out of school and gone. Wasn't a good place to raise kids, but is a beautiful country.

dave
 
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