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I actually took myself away from the market today and spent three hours pulling up crab grass. Now that was invigoratring - but it won't come back either.
Hey Lady friend..Glad you're home from the Big City...Following Birch's lead..looks like thing are ready for a huge rise...Hello-o-o-o? Anybody out there? :worried: Four posts in the last 4 hours. That's empty enough that it feels ... um-m-m ... spooky!
This is my first summer in the MB, and I've been gone for 2 weeks. Is this normal? Everyone else too busy with summer stuff - play or work - to post?
If so it's going to be a l-o-n-g summer. Show-me, Buster, Birch, SB, dear friends like CorMaGa, Steady, Luv2, and everyone else on the MB are just too fun to miss! But I'll try to be patient!
Lady
Confession time. Today I proved myself to be one of Birch's chickletts. In the last two weeks, every fund but G has crossed it's 50 day moving average, and F, C and I have crossed their 200 day moving average. It felt like the robot was waving its hands around yelling, "Danger, Will Robinson!"
I was already 70% G, but I moved everything to safety this morning. Yes, I know, I'm such a chicken!:embarrest:
I've only made 1.5% this month but I wanted to protect that. With health care costs climbing every day, preservation of capital is a big deal for me. But it's like making it rain by washing your car. I've probably just assured a big bounce in equities for the rest of you to enjoy.:blink::laugh:
Lady
Is it July already Steady?...LOL ...Welcome back mate.A 1.5% GAIN - sounds like a "gold mine" to me.
Capital preservation is the key to achieving great wealth. If I were in your boat would probably have done the same thing.
But for those who took a significant dive - the buy and hold strategy is the best hope of either breaking even or "comming out ahead".
Is it July already Steady?...LOL ...Welcome back mate.![]()
Tomorrow I'm back on the road with no internet access for a few days. You all keep the world spinning, and I'll see you in a week. Lady
The IFT limit is a serious downer and if I ruled the world it wouldn't be a factor. But then if I ruled the world, dark chocolate would be one of the basic food groups!:toung:
Lady
Even a small, short term (1-2 %) reversal in the stock funds for the month
of July should be a leg up, compared to the (F) Fund. But when to go in ?
Thats the real trick !
WOW, LOTS of RED! I am 100% G and am trying to decide where to position myself with my first IFT of July. And I'm wondering about the F Fund.
So do I follow her lead, and the nudgings of my own number crunching, and move some of my G pennies over to F Fund? Or do I stay in safe haven for a while longer?
What are you all going to do now that a new month, and new IFTs, are approaching??
Lady