Economic indicators: S&P!

[Gus Orviston]

5 Weeks in a row on the upside , and the S&P is another all time historic record ! 1561 last Friday. Total return since march of 03 is 100% including dividends.

For those that thought the DOW record was a big deal, this is far far better. That was 30 blue chips not representing that much of the market, the S&P is the market.

Retail sales grew fast in the last month more than expected at .06% vs .01%..

The minutes from the Fed meeting show the central bankers have been staying away from suggesting recessions is in the works and that while growing slowly the economy is growing in the right direction

Inflation is still in check at 2.0% core.

Some big name banks are raising money to bail out the subprime lenders with some interesting investment plans that allow investors to put their money into the subprime lenders. Nice touch if you ask me instead of asking for the gov to bail them out, which IMO will not happen.

that's it for now...

[Bait O' Eggs]

I thought you were making Yen's instead of dollars, shouldnt you follow the Shanghai Composite Stock Index and your neighbors Nikkei??

Nice move on Intel today Have you been on vacation

[skybuster]

I'm in some fairly aggressive mutual funds as part of my retirement plan because I am young.

I don't keep up on them as much as I probably should and recently I was just thinking that I may be taking a bath. I got my statement yesterday and was pleasantly surprised to see that everything is making money!

I will admit that my investments were down for about a year, but the last 9 months or so have been pretty good, and I'm well back into positive money.

I also believe that right now is the time to be purchasing real estate in this area. All is not doom and gloom!

[Gus Orviston]

There you go again showing off that 7th grade schooling, but if you would have been accepted to 8th grade you would have learned Yen is Japanese,, in China it is the Yuan. Not that the daily news doesn't cover the Yuan vs Dollar nightly, because it does, I know you might not get clear reception; the tin foil hat is hard to penetrate.

Now when talking fast Chinese I can understand how you might confuse two but the tones are entirely different.

And I wish I did invest in the total China market index fund.. you can do it on the NYSE. It is up nearly 80% this year!

I still keep my money state side.. I don't have the guts to really invest here... many people do.. but the central government is a bit scary and can change the rule at any time.

I check up on my funds at least quarterly.. not to really make big changes.. I don't "play" the market that way. I have investment strategies and stick with them , check up on them to make sure they are still making sense. I shouldn't see a huge swing one way or the other.. not the way I am going about it.