350Z's 2007 I Fund Thread

[350zCommTech]

Blue chips extend drop on China
http://biz.yahoo.com/rb/070529/markets_stocks.html?.v=13

MSCI_EAFE .388 + .213 = .601 or 14 cents -FV

No -FV yet, but keep your fingers and toes crossed. If the markets can hold from here till close, we'll be OK.

 

[12%ayear]

Looking good now. I think we will be safe this evening regarding FV. 350Z is on the money!! Also, OT...summer reading..excellent read....
The Smart Money: How the World's Best Sports Bettors Beat the Bookies Out of Millions (Hardcover)
by Michael Konik (Author)

 

[12%ayear]

+.14 no fv

 

[EW_ret]

Could this tax increase impact world stock markets?

Chinese authorities raise trade stamp duty 300%: This could start the anticipated correction in world stock markets. What do you think?

 

[12%ayear]

Could this tax increase impact world stock markets?

yes, indeed. I think it is a political move. They are trying to tame the hot markets. They know, they have to do something soon or the sell-off will be huge. IMO...this is bad and will not help them. It is like putting your finger in a dike. So or later, when you remove it ,it will flood.

 

[Griffin]

Stock markets are like beer, so it is acceptable to have some bubbles, according to him.

How are stock markets like beer?

 

[12%ayear]

How are stock markets like beer?

Stocks are like toilets. They are great to relieve yourself, you feel good. On the other hand, all that hard work producing can easily get flushed down the drain.

 

[sugarandspice]

On the other hand, all that hard work producing can easily get flushed down the drain.

And depending on your perspective you either have a masterpiece or a big pile of worthless crap.

 

[12%ayear]

Brace yourself for a sell-off in the OSMs tonight

 

[12%ayear]

Let's see now, which category would the following stocks that I bought earlier this decade fall into?

WorldCom (WCOM)
Exodus (EXDS)
Global Crossing (GX)
Metromedia Fiber Network (MFNX)

At the time I really thought they were masterpieces.....

Remember this one CMRC...Commerce One? was $1500 a share..now Chapter 11..The Tulip days. Smells like China

 

[weatherweenie]

Let's see now, which category would the following stocks that I bought earlier this decade fall into?

WorldCom (WCOM)
Exodus (EXDS)
Global Crossing (GX)
Metromedia Fiber Network (MFNX)

At the time I really thought they were masterpieces.....

Ahhhhh, good ol' EXDS.

Made $1000 with a couple hundred shares in about 10 mins on that one. :laugh:

While it's still around, there's also CMGI. Bought 10 shares of that, and was able to make $500 in a couple of days.

Like EXDS, that money is long gone.

 

[McDuck]

05/02/07 I-fund 0.579% MSCI 0.518%
05/03/07 I-fund 0.041% MSCI 0.045%
05/04/07 I-fund 0.820% MSCI 0.75%
05/07/07 I-fund 0.732% MSCI 0.707%
05/08/07 I-fund -1.111% MSCI -1.096%
05/09/07 I-fund 0.573% MSCI 0.508%
05/10/07 I-fund -1.705% MSCI -0.905% <= UfV -0.800%
05/11/07 I-fund 0.988% MSCI 0.201% <= UfV 0.787%
05/14/07 I-fund 0.164% MSCI 0.125%
05/15/07 I-fund 0.246% MSCI 0.237%
05/16/07 I-fund -0.329% MSCI -0.364%
05/17/07 I-fund -0.330% MSCI -0.326%
05/18/07 I-fund 0.534% MSCI 0.504%
05/21/07 I-fund 0.000% MSCI -0.132% <= UfV 0.132%
05/22/07 I-fund 0.246% MSCI 0.259%
05/23/07 I-fund 0.813% MSCI 0.811%
05/24/07 I-fund -1.443% MSCI -0.896% <= UfV -0.547%
05/25/07 I-fund 0.288% MSCI -0.295% <= UfV 0.583%
05/29/07 I-fund 0.613% MSCI 0.601%

 

[fabijo]

G 11.94 -
f 11.29 -.01
c 16.92 +.03
s 20.60 +.16
i 24.48 +.15

 

[350zCommTech]

Brace yourself for a sell-off in the OSMs tonight

I found the following opinions re the China stamp tax. Will be interesting to see whether Asia takes the fall or simply shrugs it off like they did the Greenspan comments. Unlike Greenspan's words, this one hits them in the pocketbook and should cause some type of correction. China seems determined to take whatever action is required to bring this market down. Based on the history of a stamp tax increase always causing a Chinese stock market plunge over the following weeks, it might be best to go to the sidelines until this plays itself out. Once again, we got hit with a surprise announcement after the 12:00 noon TSP cutoff!

In the last two decades, an increase in stamp duty has always caused a plunge in the Chinese stock market over the following weeks. Today’s surprise announcement on higher taxes for securities trading could be the beginning of the end for the Chinese stock market bubble and have serious implications for financial markets across the world.
http://www.dailyfx.com/story/dailyf...hina_triples_the_stamp_tax_1180473742439.html

The hope is that the stamp tax will reduce the amount of trading, but with a tax of 3 in a thousand, the increase may only have a limited impact on the Chinese market in the long term.
http://www.dailyfx.com/story/topheadline/Yen_Surges_and_Carry_Trades_1180462929508.html

I don't see it guys. I'm not seeing any signs of trouble in the currencies yet.

 

[12%ayear]

I don't see it guys. I'm not seeing any signs of trouble in the currencies yet.

give it time

 

[GGal]

Do they want to bring it down?? Or do they just want people to stop investing their grocery money.......

Yeah, I had CMRC also, forgot about that one!

I found the following opinions re the China stamp tax. Will be interesting to see whether Asia takes the fall or simply shrugs it off like they did the Greenspan comments. Unlike Greenspan's words, this one hits them in the pocketbook and should cause some type of correction. China seems determined to take whatever action is required to bring this market down. Based on the history of a stamp tax increase always causing a Chinese stock market plunge over the following weeks, it might be best to go to the sidelines until this plays itself out. Once again, we got hit with a surprise announcement after the 12:00 noon TSP cutoff!

In the last two decades, an increase in stamp duty has always caused a plunge in the Chinese stock market over the following weeks. Today’s surprise announcement on higher taxes for securities trading could be the beginning of the end for the Chinese stock market bubble and have serious implications for financial markets across the world.
http://www.dailyfx.com/story/dailyf...hina_triples_the_stamp_tax_1180473742439.html

The hope is that the stamp tax will reduce the amount of trading, but with a tax of 3 in a thousand, the increase may only have a limited impact on the Chinese market in the long term.
http://www.dailyfx.com/story/topheadline/Yen_Surges_and_Carry_Trades_1180462929508.html

 

[weatherweenie]

Shanghai down over 6%?

 

[12%ayear]

Brace yourself for a sell-off in the OSMs tonight

China took a beating..down 6.5%

 

[12%ayear]

Yesterday, 11:24 AM
12%ayear

vbmenu_register("postmenu_96692", true);
Team TSP
Join Date: Feb 2007
Posts: 910

Re: 350Z's 2007 I Fund Thread
I am locking all profs. today and sidelining. Went to the F Fund. Looking for a sell-off tomorrow. Safety is the key. F Fund is the cheapest way to gamble. Small gain or small loss=the F Fund..Still worried about China. Everyone is just ignoring the fact that it is frothy to say the least. You could stick those charts in the barrel,if/when China goes.
__________________
http://www.dailyfx.com/

That was my concern yesterday morning!!!!!!!!!!!! EARLY EST..down over 1% for the I Fund.

 

[mtzfam]

12% what do u think I fund will do today and tommorw. TIA