350Z's 2007 I Fund Thread

[350zCommTech]

Current estimate on Yahoo (11AM EDT) is +.07 at 81.39

Here's hoping it doesn't follow the Shanghai and head down too!!

Please don't post the EFA here. It is not the I fund. Some days it's and some days it's off.

 

[350zCommTech]

UP .299% or 7 cents.

 

[350zCommTech]

So far, this looks like a typical profit taking sell-off caused by a spike in yields. Heck, after falling for 3-4 days, they were due to rise. Currencies are stable and with the Fed meeting next week, any further sell-off will likely find support at the 20 DMA.

The dollar might bounce tomorrow after falling for 3 days in a row. If the dollar bounces significantly tomorrow, I will move into the I fund.

 

[charmed855]

Are we getting close to -FV territory yet? :worried:

 

[350zCommTech]

Are we getting close to -FV territory yet? :worried:

No, not close.

 

[ebbnflow]

Final MSCI EAFE = +.34% or +.08 cents.

 

[ATCJeff]

Are we getting close to -FV territory yet? :worried:

No, not close.

Now were getting close.

 

[350zCommTech]

Looks like we've just crossed the -FV mark. As of right now, it's -12 cents.

The S&P is about 2 points away from the 20 DMA. I hope it holds. If not, panic will set in and it might drop another 2-3% tomorrow as it looks for the next support at the 50 DMA.

 

[350zCommTech]

The S&P is about 2 points away from the 20 DMA. I hope it holds. If not, panic will set in and it might drop another 2-3% tomorrow as it looks for the next support at the 50 DMA.

There was an attempt to bouce off the 20 DMA but it failed and now I'm getting a little worried.

 

[350zCommTech]

Looks like we've just crossed the -FV mark. As of right now, it's -12 cents.

Could be -20 FV now.

 

[12%ayear]

Could be -20 FV now.

watch the sell-off tonight in Asia. Time to be careful. I am going to go to the G Fund and take the summer off. One more day of the S Fund..hopefully it will pop and I am bailing. I will trade, but not as often. Too risky out there. Interest rates are soaring. I want to let in play out, while I watch the hills burn.

 

[Wrngway]

Here we go again!

That's two times in a row I've exited I-fund on a -FV.

I think I'll go bang my head against the keyboard for a bit...maybe that'll make me feel better.

jkfdlsa;f jfkdla;g hertwqo;n herwoa;nf

Well, that didn't work.

 

[350zCommTech]

Could be -20 FV now.

We could see a -FV of 30 cents.

 

[sugarandspice]

We could see a -FV of 30 cents.

This is the "Maximum Bend-Over Scenario?"

 

[350zCommTech]

This is the "Maximum Bend-Over Scenario?"

Yup.

 

[350zCommTech]

While the sell-off was big and scary, I don't see any reason to panic yet. The stability of the Yen suggest we will see some profit taking in Japan but nothing terrible. The 10 year yeild actually closed well below the high of the day. If you got in the I fund for tomorrow, you will have a nice cushion. If you're getting out of the I fund tonight, start bending over.

 

[ebbnflow]

We'll probably get an FV of -.28 cents and if you take the +.08 cents we should have gotten, that would be -.20 cents for today. That's a lot of cushion (28 cents), but I'm afraid it still won't be enough after all is said and done. I'm glad I'm out for tomorrow and Friday.

 

[12%ayear]

This is the type of market that can easily have a 10-20% correction. 10700-12140 range is very possible. As fast as we went up, the markets can easily give it up. Like I said in several posts, I think the markets will close in deep red for the year.

 

[Wrngway]

Once again, my avatar proves fitting! :cheesy:

I might have to borrow that picture. I feel like a monkey right now. Still, it may be the right move for the next couple of days.

Tomorrow may be darker and stormier! Batten down the hatches.

 

[ebbnflow]

G 11.98 even
F 11.20 -.03 (-0.27%)
C 16.88 -.23 (-1.34%)
S 20.61 -.26 (-1.25%)
I 24.52 -.16 (-0.65%)

We have an FV of -.24 cents. That's great news! It's four cents better than I thought it would be (-.28 cents).