Investors....come in please!

[LubeOiler]

Perhaps the new fed guy is not making it easy for investors so most seem to be taking a profit. If it doesn't go up by friday I will be convinced a correction has finally begun.

 

[Pablo]

Indeed the rest of this week will be interesting. All traditions and charts are against any type of sustained rally until at least late fall....

I do look like genius for selling MSFT right before the "no Vista" announcement. The fact that I work in Redmond looks very suspicious too. Nope, pure stupid greed and luck.

I may dump any S&P500 index holding, unless hedged.

 

[GROUCHO MARX]

Yes Pablo, very suspicious. Hmmmmm........

 

[Pablo]

otoh - boy am I stoopid

 

[Pablo]

Maybe not. I made money in the down market yesterday.

 

[GROUCHO MARX]

I want a big bang of a winner please.

 

[Pablo]

I think she works in Vegas now.

 

[Pablo]

Over 8% for the year. NTS.

Hey LU - has your ship come? Z?

 

[Pablo]

I increased my 401K input to 16%.

 

[ScottB]

quote:

---

Originally posted by Pablo:
I increased my 401K input to 16%.

---

Mine's been maxed since day-one too. It's easier than taking money out later, IMO.

 

[pitzel]

Darn, why is the USD going up these days?

My USD short isn't doing so well.

 

[Pablo]

My advice - unless you are a fortune teller, don't play currencies without hedges, and then what's the point? Stocks are just better.

Try this fund: FXE for EURO fun.

PGH marching back.

 

[GROUCHO MARX]

PGH seems to march back the 2nd half of each month.

 

[Pablo]

Loaded up on some bargains today.

 

[GROUCHO MARX]

Do you think the bargains will be better next week?

 

[Pablo]

If I knew the answer I would be a genius.

I've squared nicely, some of my funds were actually up today. Of course I limited my upside a bit, but next week will be next week

 

[GROUCHO MARX]

Now you're telling me YOUR NOT A GENIUS!

 

[Pablo]

Only on selected even days do I guess oddly correct.

 

[LubeOiler]

I found another big winner http://www.newmarket.com/index.htm it seems some sectors never go down.(NEU)

 

[TheLoneRanger]

NEU does look interesting. I used to follow Ethyl, which they now own. I don't think you can go wrong with the energy industry in the next few years.

I got scared out of Valero a couple weeks ago, and wouldn't you know it, gasoline prices are going up again....