Comments on Fund My Mutual Fund: To Laugh or Cry - Spam is Hot

Shax,Thanks for the info on the 27th to the 4th. I...

2008-05-29T13:25:00.000-04:00

Shax,

Thanks for the info on the 27th to the 4th. I log that in with follow the mutual fund window dressing game every quarter (buy "popular" stocks when the funds do for their reports and then sell for profits before the mutual funds get back into the names they really want).

Regarding spam... My senior year at UCLA one of my roommates was an ex-army guy and he would have his "spam dinner inspiration moments". It's amazing how often that coincided with the rest of us having our "screw eating in the apartment.. let's get something to eat in Westwood tonight" moments...

thanks for that infodarn government always interve...

2008-05-29T12:38:00.000-04:00

thanks for that info

darn government always intervening in my investing themes... if its not the Fed Res its Congress... ;)

Mark, an FYI:Strength in livestock stocks; USDA an...

2008-05-29T12:37:00.000-04:00

Mark, an FYI:

Strength in livestock stocks; USDA announcement is positive for the livestock group

Today there is notable strength in the livestock group, including TSN (+3.5%), SFD (+1.3%) and HRL (+1.3%), due to the USDA, in a surprise announcement yesterday late afternoon, saying that they are opening up 24 mln acres of Conservation Reserve Program land. This move will provide additional feed supplies for cattle producers, which helps deal with the tight feed grain supplies currently available, and overall, this is positive for livestock producers because it will help them ease the effect of high feed costs that the industry has been seeing now for a while.

The study is by Henzel and Ziemba:http://findartic...

2008-05-29T11:19:00.000-04:00

The study is by Henzel and Ziemba:

http://findarticles.com/p/articles/mi_qa3743/is_199801/ai_n8801966/pg_3

you can easily check it yourself, by downloading S&P500 index values for say, the last 30 years, and running a sum of returns.

Interesting. Do you have a story on that or a spr...

2008-05-29T11:04:00.000-04:00

Interesting. Do you have a story on that or a spreadsheet with the data?

Could make my life a lot easier... work 7 days a month - go to cash the other 21

I try to be overweight the market every turn of th...

2008-05-29T10:53:00.000-04:00

I try to be overweight the market every turn of the month.

Statistically, if you bought on the 27th and sold on the 4th of every month for the last 20 years, you'd capture ALL the gains in the market. The rest of the days - no net gain.

The reason for this seasonality is that mutual funds get lots of automatic contributions for 401K and other plans at the turn of the month and put them into the market.

It doesnt guarantee every turn of the month the market is going to go up, but on average, it's good to be long in this period.

shax, you may be correct and I just might be cauti...

2008-05-29T10:44:00.000-04:00

shax, you may be correct and I just might be cautious

however I am reminded my a famous movie clip from childhood. Instead of the word knife, put the words "commodity correction" in, and then sit back ;) That's my attitude at this point *grin*

http://tinyurl.com/3uusjm

praveenMTL is not even at 50% of where I plan to t...

2008-05-29T10:38:00.000-04:00

praveen

MTL is not even at 50% of where I plan to take it. I am just in wait and see... that 14% pop was nice, but when I am bullish on the sectors I want to be in, and they've pulled back to levels I deem more palpable I'll be in 6-7% allocations in my top holdings.

I'm hoping for more significant moves down. I'm underweight just about every top idea. 3% is not an overweight for MTL. I have about half my position on anticipating more correction.

Been buying this morning. Had our little pullback,...

2008-05-29T10:34:00.000-04:00

Been buying this morning.

Had our little pullback, I am happy to raise my long equity position from 50% to 75%.

ESV, BTU, OXY, BHP, PBR, APC, Qua.To, Hem.To and a few others

MTL results are out. I think you bought at $48-$49...

2008-05-29T10:13:00.000-04:00

MTL results are out. I think you bought at $48-$49. What is ur strategy after the earnings..buy on dips? or sell some after a quick run of 14% in few days?