imported post
No, do not bail. You've made the smart play - for today! The I is maintaining parity with the C fund. This whole market is not the election. The election provided hype. Fact is the Republicans did so well in gaining seats in Congress that Kerry had to capitulate for that alone - gridlock and eventual failure. Was a great race and hats off to both parties. Strategy now - market is following a strong US economy weighted down by drivers oil and accounts payable. Dollar will decline by another 5%. I fund is tracking with parity C fundbut is temporarily better positioned to withstand trade imbalances. This does not mean a better economy or countries as their economies are challenged. Euroreaches 1.35 against the dollar and European economies start to break. Asia is better positioned to buy our debt (if you've shopped in Sams or COSCO lately) and will try and keep the dollar cheap. Wild card is a great US economy that will continue to churn and is lean. What cannot be determined is oil and many are playing this card to their advantages besides the terrorist who have no clue other tahn the fact we are dependent! Bottom line: Oil continues to drop to high $30, dollar continues to weaken but tracks a solid C fund meaning higher returns. Don't chicken, play the market angles. Stay I fund and get ready to rotate to S fund maybe again early tomorrow as the US market is the engine.Six months, get ready to withdraw, abet, just for a pleasure pause!!!
Just musing!
No, do not bail. You've made the smart play - for today! The I is maintaining parity with the C fund. This whole market is not the election. The election provided hype. Fact is the Republicans did so well in gaining seats in Congress that Kerry had to capitulate for that alone - gridlock and eventual failure. Was a great race and hats off to both parties. Strategy now - market is following a strong US economy weighted down by drivers oil and accounts payable. Dollar will decline by another 5%. I fund is tracking with parity C fundbut is temporarily better positioned to withstand trade imbalances. This does not mean a better economy or countries as their economies are challenged. Euroreaches 1.35 against the dollar and European economies start to break. Asia is better positioned to buy our debt (if you've shopped in Sams or COSCO lately) and will try and keep the dollar cheap. Wild card is a great US economy that will continue to churn and is lean. What cannot be determined is oil and many are playing this card to their advantages besides the terrorist who have no clue other tahn the fact we are dependent! Bottom line: Oil continues to drop to high $30, dollar continues to weaken but tracks a solid C fund meaning higher returns. Don't chicken, play the market angles. Stay I fund and get ready to rotate to S fund maybe again early tomorrow as the US market is the engine.Six months, get ready to withdraw, abet, just for a pleasure pause!!!
Just musing!
. I think I will go with Tom and go 100% S effective tomorrow.
