Comments on Fund My Mutual Fund: S&P 1225 Finally Reached

There is clearly less fear of the 'global growth' ...

2008-07-11T11:54:00.000-04:00

There is clearly less fear of the 'global growth' is dead rhetoric this time around, compared to Jan's decline. In Jan, there was a lot of uncertainty as to the impact the US would have on the global economy. I think this time, it's actually worse than in Jan, but yet the market not reacting that way, having been burnt by selling in the last round.

It is sort of amazing how complacent the market is...

2008-07-11T11:49:00.000-04:00

It is sort of amazing how complacent the market is. The PPT is creating money supply at a rate of 20% (to boot) so maybe its flooding into the market aside from just futures.

I'd like to see the nat gas complex fall to signal a bottom - it really never did, just a sorta correction. However, at this point "correcting" would mean to get back to where they were Wednesday when I SHOULD OF bought. Damn.

I'm in the same camp, and actually ready to add mo...

2008-07-11T11:46:00.000-04:00

I'm in the same camp, and actually ready to add more. My hardest decision is what the hell to do with my UYG. God, why do a torture myself with worst of breed? im thinking maybe dump half today, and half next weed. who knows? The VIX is moving again. Finally, so i'm encouraged. But I wouldnt call it a panic spike. I'm thinking because so many people are watching the VIX, perhaps it has to go to 40.