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,