350Z's 2007 I Fund Thread

[qibovin]

Possibile -FV day

With the way this market's been going, that means there is likely to be a +FV. Particularly if we get the turnaround 12% seems to think will happen.

 

[350zCommTech]

With the way this market's been going, that means there is likely to be a +FV. Particularly if we get the turnaround 12% seems to think will happen.

S&P finally broke through 1512. I guess the third time is the charm. Next support is 1507. How do you feel about the +FV now?

 

[qibovin]

S&P finally broke through 1512. I guess the third time is the charm. Next support is 1507. How do you feel about the +FV now?

Oh, I never wanted it. I was just commenting on the recent intraday variability and my inability to remotely predict it. I'll take a -FV. Hopefully the dip buyers will step back in Monday.

 

[350zCommTech]

We're now at 1507. Let see if it holds. If not, look out below.

 

[350zCommTech]

We're now at 1507. Let see if it holds. If not, look out below.

SH@#! It went through it like butter. I'm getting scared.:worried:

 

[350zCommTech]

Good News! I just heard on CNBC that Barclays could lose up to $500M on one of the hedge funds. LOL!:laugh:

 

[James48843]

Double bottom at 1501 on "C".

Now it's hit, so it's back north we head for the rest of the day.

I think tom may just have picked it perfectly.

We'll see.

 

[350zCommTech]

I call that bad news because now Barclays will screw us on the FV to make up for their loss.

The dollar has fallen enough to lessen the possibility of a -FV.

 

[350zCommTech]

News of a halt on the liquidation of the Bear Stern hedge funds caused the markets to bounced? That's BS(pun intended). Everybody knows they're temporary stomping because they got no buyers. Just like yesterday. I think the PPT is at work today and they've setup defense at just above the 1500 level.

 

[qibovin]

I'm rooting for Tom because he has been out of the market for sooooo long and deserves to finally reap some gains. And the reason that I'm rooting for him has absolutely nothing to do with the fact that I'm currently 100% stocks...absolutely no correlation...really...

Ditto:nuts:

 

[350zCommTech]

Looks like a -FV 0f 20 cents, but if they include the dollar, it might be 15 cents. That's not much of cushion, but it's better than no cushion.

 

[350zCommTech]

The dollar has fallen enough to lessen the possibility of a -FV.

I call that bad news because now Barclays will screw us on the FV to make up for their loss.

Looks like a -FV 0f 20 cents, but if they include the dollar, it might be 15 cents. That's not much of cushion, but it's better than no cushion.

F=2
C=-22
S=-14
I=-7

Well, that's what I get for laughing at Barclays.:nuts: No -FV today. I guess the falling dollar had something to do with it. Although, it was only good for 5 cents.

 

[ChemEng]

Ouch.

Hopefully next week will be much better!

 

[FundSurfer]

Well, that's what I get for laughing at Barclays.:nuts: No -FV today. I guess the falling dollar had something to do with it. Although, it was only good for 5 cents.

No, I moved into the I-fund. I'd never catch a break like that, moving in on a day when there was a negative FV.... big positive FV's are when I move in.

 

[350zCommTech]

No, I moved into the I-fund. I'd never catch a break like that, moving in on a day when there was a negative FV.... big positive FV's are when I move in.

Yup, same here.

The only positive thing I saw today was the lack of panic in the currency markets. Usually, in a big sell-off like this one(think February 27th), we would have seen the Yen rise dramatically due to the unwinding of the Yen carry trade. The sell-off on Wednesday in the USM didn't show any panic in the currency markets either, and as we all know, Japan and most of Asia finished in the green later that night. Let's hope we get some Fed speak this weekend to help calm this Bear Sterns thing.

 

[ebbnflow]

F=2
C=-22
S=-14
I=-7

Well, that's what I get for laughing at Barclays.:nuts: No -FV today. I guess the falling dollar had something to do with it. Although, it was only good for 5 cents.

Barclays love playing 'pin the tail on the donkey' when it comes to applying FV. Anyways, we should be up 5 cents at the get-go in the I-fund for Monday.

 

[James48843]

Early overseas markets- now showing down I fund down -.15 cents, as of 8:45 am.

 

[350zCommTech]

Current Estimate: Down .350% or -9 cents.

 

[dell]

I was getting a cup of coffee and only half way heard CNBC talking about China (I think it may have been something about China raising interest rates or something, but I am not sure).

Did someone else hear what they said?

Dell

 

[dell]

Just heard the correct message. China says they will not rule out a rate hike. Chinese market down 3%.