What can I say but wow! What a past two weeks it ihas been in the stock market. If you let your head make the decision on being in or out the past two weeks, you likely either got your lunch handed to you or you got very lucky. ME? I waited for my monthly numbers to tell me what to do and I’m going to do NOTHING!! I heard all kinds of rumbling at work that I’m in and a whole lot of gloating I’m out. I wonder if anyone is saying that they are in now after this sudden reversal this week? Ok so how do I feel about the current market? I’m very concerned because of the EU stuff, but I will follow the non-emotional chart, not the news!
It’s summer time and all kinds of dumb stuff seems to happen from June to August. But since I do not follow much of the dramatic news and I watch price move up and down, I have no real emotion good or bad. All I can tell you is, I made money again in June. I was up. I’m still in the hole for the year because of my dumb move back in February, but I made money in June. Last year I did not. You want to see something that is really odd and may shed some light on why I follow individual funds instead of a blanket fund like the L’s. All the L-fund lost money in June except the Income fund because they are invested in the I-fund. I’m not invested in the I-fund because the monthly move chart says it’s a sell. It’s a sell again now at the end of June. So I’m invested in the C, S, and F and I made money. Those are the buys and the I is not. You do not see this very often when the C and S make money and the L-funds lose money, but you have now.
Ok, below are the monthly moves and there is no change from May.
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