350Z's 2007 I Fund Thread

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You have to go back to April 2 to find the I this cheap.


bUT THE i FUND NEEDS TO HIT 26.02 FOR ME TO HIT MY 12 % MONEY. tHIS COULD BE RISKY......


LOCK AND LOAD BOYS AND GRIRLS AND DONT LET KNOTHING STAND IN YOUR WAY.

FIND YOU LINE AND COURSE AND STICK TOOO IT..... THEY DISTACT YOU.....WAIT TILL YOU SEE THE QUITES OF THERI EYESS.

im finding a fox hole and c4 might have a rirework show on Monday.


3LID/-\
 
The I fund is now sitting over 8.5% below its July 12 high. If we can get a bounce back up to the 25.48 level, that would yield a very sweet 9.5% gain. I could certainly live with that. The S fund also is in a similar spot and could yield over 8% gains to July high. Due to market volatility, it might make sense to split 50/50 on both funds.

I can't believe how far the I and S have plunged on the Tracker. They are less than 2% ahead of the plodding G!
 
ASIA was flat and early est.+15.cents. That is why I like the S Fund today. The OSMs are waiting for the USMs to lead the way. Although Europe is up, Nikkei closed +35, which is nothing. Tonight the Nikkei will explode up 300-400 points up, that is why I went to the I Fund for tomorrow!!
 
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FYI...
http://www.bloomberg.com/apps/news?pid=20601087&sid=aaYm942OQDic&refer=home

ECB Injects Cash for Third Day to Avert Credit Crunch (Update5)

Aug. 13 (Bloomberg) -- The European Central Bank added emergency funds to the banking system for a third trading day and said money markets are returning to normal.
The ECB loaned 47.7 billion euros ($65 billion) to banks, down from 61.05 billion euros on Aug. 10. The Frankfurt-based central bank said it ``notes that money market conditions are normalizing and that the supply of aggregate liquidity is ample.''
The ECB, the U.S. Federal Reserve and other central banks injected $154 billion into money markets on Aug. 9 and $135.7 billion on Aug. 10 amid concern that U.S. subprime mortgage losses will curtail lending. Central banks in Japan and Australia, which joined the ECB and the Fed in pumping cash into their markets last week, today refrained from providing additional funds.
The overnight rate at which banks lend euros to each other fell to 4.03 percent from as high as 4.16 percent earlier today. It spiked to 4.62 percent on Aug. 9, a six-year high. The ECB's benchmark refinancing rate is 4 percent.
``The situation is gradually normalizing,'' said Jose Luis Alzola, director of economic and market analysis at Citigroup Global Markets in London. ``However, fears will subside gradually rather than quickly.''
Stocks rallied worldwide and U.S. index futures advanced after central banks moved to ease concern about tighter credit. European stocks rose for the first time in three days and Asian stock markets rebounded today from their biggest drop in five months.
Central banks in South Korea, the Philippines, Singapore, Indonesia, India, and Malaysia have said they were prepared to add cash into their systems if required. The Reserve Bank of New Zealand today said it was ``business as usual'' in its conduct of daily operations.
The International Monetary Fund said last week that ``prompt action'' by central banks to add cash to the banking system should help avert a crisis in credit markets.
``Looking forward, while the situation is still evolving, we continue to believe that the systemic consequences of the re- assessment of credit risk that is taking place will be manageable,'' the IMF said.
 
Index Value:6,153.40Trade Time:7:32AM ETChange:
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115.10 (1.91%)

Europe seems to be feeling better after getting a temporary blood infusion. :D
 
I know the markets all performed better after the cash infusion, but does this fix the underlying problem? I don't think so. Although its just a gut feel and I dont have charts/data to back it up, I think we're going to be experiencing more pain for a while yet.
 
I know the markets all performed better after the cash infusion, but does this fix the underlying problem? I don't think so. Although its just a gut feel and I dont have charts/data to back it up, I think we're going to be experiencing more pain for a while yet.

Well, and it's a temporary cash infusion, at that, designed to get interest rates back in line with the prime lending rate.

The fed really hasn't done anything yet to fix the credit crunch, and considering much of the underlying problem likely isn't illiquidity, bur rather insolvency, I doubt there's much they actually can do, much less should.
 
I'm with 12%'s gut feeling. IFT 100% to I fund today. Risky move but it might payoff big. Going to watch it very close. Good luck to all.
 
It is risky...very....should went in Friday but this fund might run for a couple of days. Happened many times b4.
 
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