350Z's 2007 I Fund Thread

[nnuut]

That's just what we need, the China Syndrome again!:nuts::nuts:

 

[350zCommTech]

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

That's just what we need, the China Syndrome again!:nuts::nuts:

I'm very worried about China. Take a look at these charts.

Possible double top forming.
View attachment 1693

Last night.
View attachment 1694

The Nikkei followed!
View attachment 1695

Some unwinding of the Yen carry trade!
View attachment 1696

If China falls harder tonight, we could see more Yen carry trade unwinding, which can cause panic.

 

[nnuut]

I'm panicing already!!

 

[350zCommTech]

Current Estimate: Down .270 or -6 cents.

 

[350zCommTech]

I'm not liking this rally. I smell a dead cat. While the Dow is up 60+, S&P and S fund are lagging. Rut is flat. The housing news this morning was bad.

 

[fedgolfer]

I'm not liking this rally. I smell a dead cat. While the Dow is up 60+, S&P and S fund are lagging. Rut is flat. The housing news this morning was bad.

when we're low in the channels doesn't bad housing numbers/econ data the week of the Fed raise the chance of the Fed lowering the rate (bullish stimuli)? I agree it feels scary but doesn't it always this low in the indicators?

 

[Howxotk]

Trying to remain objective, it seems that with all the bad news that the I fund is not down that much, I think that points to resiliency and pressure to move up, or sideways rather than down. I love the banter here but sometimes feel the overall discussions tend toward the bearish in an overwhelmingly up market!! I'm all in I fwiw. How

 

[350zCommTech]

when we're low in the channels doesn't bad housing numbers/econ data the week of the Fed raise the chance of the Fed lowering the rate (bullish stimuli)? I agree it feels scary but doesn't it always this low in the indicators?

Sure, but if the major indexes don't participate, it's not a real rally. The Dow alone is not enough for me.


But things are definitely looking better now. It's still a cautious rally, but it's much better.

 

[350zCommTech]

Down .090% or -2 cents.

 

[350zCommTech]

Trying to remain objective, it seems that with all the bad news that the I fund is not down that much, I think that points to resiliency and pressure to move up, or sideways rather than down. I love the banter here but sometimes feel the overall discussions tend toward the bearish in an overwhelmingly up market!! I'm all in I fwiw. How

I'm just a cautious kind of guy. Please don't take my comments as bearish on the Market.

 

[350zCommTech]

I'm not liking this rally. I smell a dead cat. While the Dow is up 60+, S&P and S fund are lagging. Rut is flat. The housing news this morning was bad.

S&P is now below the 50 DMA. The Yen is rising again. I smell fear....

 

[sugarandspice]

Nice move to the I fund this morning Sugar. Your only hope(and that is slim) is a -FV applied today and no overseas selloff tonight.

 

[350zCommTech]

Down -16. -FV of -14 cents. They didn't do it Friday because I got in and now they did it because I got out.

 

[sugarandspice]

16 cent loss today. I moved in today so I am on a steal but I'm not so sure its going to be a good day tonight/tomorrow.

 

[dell]

So if you got in this morning, conceivably you might do well tomorrow(pending all goin well)?

 

[Gilligan]

I dont know how Barclays justified a -14 cent FV. The USM did not close that low. Tonight the Nikkei 300 just closed in the green at +.04%

 

[GGal]

Sugar, you slick....

 

[James48843]

Early morning pre-market

"I" fund is now showing down .03 cents.

 

[12%ayear]

New Home Sales down 1.6%... The Fed will have to be more dovish tomorrow. Get ready for a Summer Rally into new highs.

 

[350zCommTech]

I dont know how Barclays justified a -14 cent FV. The USM did not close that low. Tonight the Nikkei 300 just closed in the green at +.04%

I don't know either. All I knows is that my ass hurts like hell.:laugh: