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Re: Week of June 23 Lili..  06-26-2008, 12:24 AM | Post #2532665
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Racqueteer:

Still sideways, and we're running out of week.  I would have liked to see the reaction to $140 oil to see if the current level can hold, and it may be that this isn't going to happen this week (at all?).  Too soon to call this the bottom, but it appears we're not going to budge from here without compelling reasons.  I wonder how much of the "up" movements we've seen have been short covering?  Pundits seem to think that tomorrow starts off weak.

On the bright side, FAIRX has finally shown some life.  For awhile it didn't seem to matter WHAT the market did; FAIRX just went down, day after day!  Depressing...

I am buying a small amount either Thursday or Friday.  I am spreading out my DCA back in through the fall.

Bloomberg is reporting that Asian stocks are up on the Fed news.

The problem with FAIRX IMO is too much Sears, Dish and Berkshire Hathaway.  It is just too concentrated of a fund for me and they are concentrating in stocks I wouldn't.

Topics Asian Berkshire Hathaway FAIRX funds Stocks View Complete Thread
 
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