350Z's 2007 I Fund Thread

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Okay boys and girls I'm am going to be all over this market like a cheap suit.
Over the next few weeks we will probably get more volatility in the market with significant moves in both directions. But and a big but is one of the stronger Buy Signals to look for in an oversold market is near the end of the month or at the beginning of the month when the Relative Strength Index (RSI) (which I follow a lot) closes below 10 and the 5 Day Stochastic is below 10 as well.
For example back in late February and early March two oversold Buy Signals were generated in the SPY's -proxy for the C fund. One Buy Signal was triggered on February 27th when both the RSI and and the 5 Day Stochastic closed below 10. The entry date was at the open on February 28th and the SPY's then gained over $1.50 from the entry price on that day. Meanwhile a second oversold Buy Signal was triggered on March 5th when once again both the RSI and 5 Day Stochastic closed below 10 . The entry date was at the open on March 6th and the SPY's then gained over $2 within a few trading days .

So I am looking for a big pop Monday with some follow thru on Tuesday and maybe a good week overall.

I hope for my sake I am right.;):worried: I am hoping for a little I fund cross action as well. We will see but I think it is time to put foot to ass.


white :)
 
Okay boys and girls I'm am going to be all over this market like a cheap suit.
Over the next few weeks we will probably get more volatility in the market with significant moves in both directions. But and a big but is one of the stronger Buy Signals to look for in an oversold market is near the end of the month or at the beginning of the month when the Relative Strength Index (RSI) (which I follow a lot) closes below 10 and the 5 Day Stochastic is below 10 as well.
For example back in late February and early March two oversold Buy Signals were generated in the SPY's -proxy for the C fund. One Buy Signal was triggered on February 27th when both the RSI and and the 5 Day Stochastic closed below 10. The entry date was at the open on February 28th and the SPY's then gained over $1.50 from the entry price on that day. Meanwhile a second oversold Buy Signal was triggered on March 5th when once again both the RSI and 5 Day Stochastic closed below 10 . The entry date was at the open on March 6th and the SPY's then gained over $2 within a few trading days .

So I am looking for a big pop Monday with some follow thru on Tuesday and maybe a good week overall.

I hope for my sake I am right.;):worried: I am hoping for a little I fund cross action as well. We will see but I think it is time to put foot to ass.


white :)



July 29 (Bloomberg) -- Investors are preparing to snap up shares of telephone, health-care and computer companies after last week's $2.1 trillion global stock market rout left U.S. equities the cheapest in 16 years.
``The window for buying is starting to open,'' said D.A. Davidson & Co. chief market strategist Frederic Dickson, who oversees $23 billion. His Great Falls, Montana-based firm plans to buy drug and technology stocks as long as bond market losses don't worsen.

Watch YM 13315, June low.

http://aheadofthenews.com/
 
Don't we have a -Fv from Friday coming into play today ?
Unfair Valuation (UFV) Tally
07/18/07 I-fund -0.91% MSCI -0.91%
07/19/07 I-fund 0.91% MSCI 0.91%
07/20/07 I-fund -0.39% MSCI -0.37%
07/23/07 I-fund 0.12% MSCI 0.09%
07/24/07 I-fund -1.66% MSCI -0.76% <= UV -0.90%
07/25/07 I-fund -0.48% MSCI -1.38% <= UVC 0.90%
07/26/07 I-fund -2.06% MSCI -2.08%
07/27/07 I-fund -2.35% MSCI -1.45% <= UV -0.90%
 
You want a great short look at NFI - that thing is going to 1. I've made serious money off that long (4-10) and have now made even more on the short side (10-4.5).

white

If you're still short on NFI (Novastar Financial,) you're getting squeezed big-time today! :sick: It's up 250% (opened at $4.06, now at $14.21.)

I have played this stock many times for many happy returns.
 
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