350Z's 2007 I Fund Thread

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mtzfam said:
12% what do u think I fund will do today and tommorw. TIA
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Still early, but I am trying to play it safe. Hate it if the selling pressure continues in China. Like I mentioned last week and yesterday..every day in the I Fund and others are a pure gamble for this point on because of the China problem. We have seen a amazing market, but is this the True perfect storm before it gets whacked? I am very happy with my return for the year, met my goal and then some. Hate to give it back. Remember Nikkei did pretty good last night concerning the China drop. Are they next? Also keep in mind...volume is drying up and Money managers go on vacation..the swings will be bigger then normal. I tend to think we are in for a set-back in the markets of the world. Also do not forget Iran, housing slump, higher mortgage rates,higher fuel costs,higher dairy costs,higher transportation costs,consumer tighten pocketbook,Nigeria,and etc.:sick:
 
Despite the 6.5% sell-off in the Shanghai market last night, both the USD/YEN and the Nikkei recovered nicely. The GBP/YEN was a little bit of a concern but it's now in the process of recovering. This suggest to me that the Yen carry trade is still alive. I have a feeling the sell-off in Shanghai last night might have relieved some pressure and that the Chinese are going to go bargain hunting tonight. I'm looking at the I fund as a buying opportunity. My only concern is the possibility of a +FV, but I think the dollar will fall tomorrow.

GL
 
Hate to see anyone lose money...but a good scenario for the I Fund would be a sell-off this afternoon causing a -FV and a good day overnight and the USMs pop tomorrow..giving back the +FV. This is for people who are in the F or G Fund...only...Today's special
 
Wednesday, May 30th. - Stock Trends, Charts, and Commentary
China's Stock Market: Part 7

Chinese Government officials got real worried when the Shanghai continued its parabolic rise and blew through its 12 year Major resistance level.

This morning, their markets dropped over 6% after the government increased the stamp tax on Security transactions. The news media are making a “big deal” out of the tax increase by running headlines that say, “China China's CSI 300 Drops After Transaction Tax Tripled”.

Tripling any tax sounds like something terrible being inflicted on Chinese investors, but that is not the real story. The real story is that the stamp tax was initiated in the early 90’s at 0.6%. That’s six tenths of 1% … not much of a tax rate by any standards. Over time, they lowered the tax rate to 0.1% to promote investing in their stock market. Yes, today they tripled it, but that only took it to 0.3% or one half of what it was when it started.

http://www.stocktiming.com/Wednesday-DailyMarketUpdate.htm
 
05/30 10:22
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Value2,236.77Change-14.830 % Change-0.659
 
12%ayear said:
Hate to see anyone lose money...but a good scenario for the I Fund would be a sell-off this afternoon causing a -FV and a good day overnight and the USMs pop tomorrow..giving back the +FV. This is for people who are in the F or G Fund...only...Today's special
Click to expand...

Would also bode well for those following the ebbtracker, as I believe the tracker is going into the I fund for Thursday.
 
Locking the profs in the F today. Well, I am going in for the gamble. Thinking that China will rebound tonight, causing a good day for the OSMs and USMs. China will see that the USMs shrugged it off today. However;I still think about China the same as my earlier posts. This is a gamble. Also, hopefully , no offense to people who are in the I FUND., we sell-off today and cause a -FV, so leaches like me can get the +FV tomorrow on a postive day..tomorrow!!
 
350z, I don't think it would be a problem as long as we get that long overdue +2.00% gainer! :D

The way I see it, the OSMs will take a cue from our market doing the Shanghai Shake. :eek:
 
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