Spaf
Honorary Hall of Fame Member
The Retirement Kingdom
Sunday September 02, 2007
Sunday September 02, 2007
Kingdom Yak, Le Chart(s), The Lilly Pad, and Tea leaves.
Kingdom Yak:
Yak........................................September is not a great month for stocks. It sometimes opens strong, but tends to close weak. Some say it's due to quarterly mutual fund portfolio restructuring? Any way we seem to have a few things holding the market in a depressed (and somewhat volatile) area: bad loans, poor housing sales, weather, energy, sentiment, etc.
Le Chart(s):
Charts.....................................See Chart at this link --> http://www.tsptalk.com/mb/showthread.php?p=113252#post113252
The Lilly Pad:
Location...................................100% G-fund.
Tea Leaves:
Leaves.....................................Capital preservation. However, sentiment wise, it looks like the end of September might be a good time to reevaluate market conditions. In the mean time, until some conditions improve to show an advancing trend, the risk to get out of safe funds is higher than I care to take.
