350Z's 2007 I Fund Thread

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Well, they just need to be SMART and STAY PUT.

Because when it finally takes off... it is going to TAKE OFF!

you are right on the money. They just have to get over that psychological hurdle of being down 20 -50k. (for some not all)


white
 
Some good news:

Australia does not appear to be tracking Japan. It's on down .9%

Here's the real good news:

LONDON, Aug 17 (Reuters) - Britain's FTSE 100 (.FTSE: Quote, Profile, Research) index was seen opening 77 to 81 points higher on Friday, financial bookmakers said, after steep losses in the previous session and a late-day surge on the Dow Jones industrial average (.DJI: Quote, Profile, Research).

http://www.reuters.com/article/marketsNews/idUKL1690530920070817?rpc=44

Great news 350 - good catch.
 
European shares seen rebounding after U.S. rally


FRANKFURT, Aug 17 (Reuters) - European shares looked set for rebound on
Friday, taking their cue from a rally in the United States. Shares could ignore further sell-offs in Asian markets as a stronger yen
against the dollar hurt exporters and investors remained wary of a worsening
global credit crunch, slashing risky positions. The U.S. benchmark index S&P 500 clawed back into the black in an end-of-day
rally as investors bought beaten-down financial stocks fuelled by speculation
about a possible Federal Reserve interest-rate cut and outside funding for Bear
Stearns (BSC.N: Quote, Profile, Research). Spread betters expect Britain's FTSE 100 (.FTSE: Quote, Profile, Research) to open 77 to 81 points
higher, Germany's DAX (.GDAXI: Quote, Profile, Research) to be up 95 to 109 points and France's CAC 40
(.FCHI: Quote, Profile, Research) to rise 60 to 85 points.http://www.reuters.com/article/marketsNews/idUKL1790260120070817?rpc=44
 
For those interested, The Nik is essentially at the same level it was at on 27 Jul 06.
 
It is like being sick, you have to sweat it out. No pain, no gain!!! I figure I have to made an extra 1% a year to make up for my paper losses. Sounds fine to me. The I FUND is down 14% since July 12th.
 
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From ADVFN.com

The Week Ahead
Overall strategy

The extent of credit-related fears, risk aversion and carry trades will remain extremely important in the short-term. There will be much greater caution towards carry trades and high-yield currencies even with the potential for at least a partial correction after recent very heavy losses. In this environment, the yen and Swiss franc should remain firm. The dollar will find it difficult to extend gains against the Euro given US growth fears.

Key events for the forthcoming week

Date Time (GMT) Data release/event
Thursday 23rd August 05.00 Japan interest rate decision
 
All I want to know is how the heck did the Shanghai Composite gain 21% over the last month while the rest of the world was dropping like flies??

Not only that, but nobody's mentioning it on the news. Now that I noticed it, it must be too late to get into that.
 
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