350Z's 2007 I Fund Thread

[12%ayear]

Dollar seems very oversold next to the Euro.

 

[jayhawker]

Early estimate: -.19 or -4 cents.

 

[ChemEng]

Wow. Look at the dollar drop!

May be enough to help I out today...

 

[airlift]

How does one reconcile the dollar drop with the loss of the I fund?

 

[ChemEng]

Drop in dollar is good for I fund...

*scratches head*

 

[airlift]

Is it reasonable to assume that if both the USM and OSM drop at the same time as the dollar, there will be no +FV, and that a recovery in the I fund should be a big-time bounce back? (unless the Iran issue worsens?)

Drop in dollar is good for I fund...

*scratches head*

 

[350zCommTech]

Is it reasonable to assume that if both the USM and OSM drop at the same time as the dollar, there will be no +FV, and that a recovery in the I fund should be a big-time bounce back? (unless the Iran issue worsens?)

No, only if the drop in the dollar/USM is after 1300 est.

 

[jayhawker]

Is it reasonable to assume that if both the USM and OSM drop at the same time as the dollar, there will be no +FV, and that a recovery in the I fund should be a big-time bounce back? (unless the Iran issue worsens?)

For an FV to occur there has to be major movement in the USM or the USD after the OSM close. As long as the USM and OSM markets are open at the same time it's pointless to consider the possibility of an FV.

If I could predict what will happen tomorrow...

 

[jayhawker]

No, only if the drop in the dollar/USM is after 1300 est.

I guess I was responding at the same time as you were 350z.

Why 13:00 est? The EU is now on Summer Time. Aren't we back to calculating at 12:00 Eastern Daylight Time?

 

[350zCommTech]

Looks like the fall of USD/YEN is has found a temporary bottom. IMO, the PPT is out and working today, after the "unexpected" decline in new home sales. I would expect tomorrow's consumer confidence # to be lower tan expected after a modest increase last month. I'm staying in the F fund.

 

[350zCommTech]

I guess I was responding at the same time as you were 350z.

Why 13:00 est? The EU is now on Summer Time. Aren't we back to calculating at 12:00 Eastern Daylight Time?

Are they, I don't know because I haven't been in the loop.

 

[jayhawker]

11:40 estimate: -.40 or -9 cents.

 

[jayhawker]

Are they, I don't know because because I haven't been in the loop.

Yep. They started yesterday.

 

[ebbnflow]

MSCI EAFE = -.359% or -.08 cents.

 

[350zCommTech]

Is it reasonable to assume that if both the USM and OSM drop at the same time as the dollar, there will be no +FV, and that a recovery in the I fund should be a big-time bounce back? (unless the Iran issue worsens?)

Looks like we might see a +FV of 12 cents.

 

[NyteTracker]

350, I read in another forum that the FV guideline is a market move of +/- 0.50% or more from true value. Is that an accurate assessment?

 

[350zCommTech]

350, I read in another forum that the FV guideline is a market move of +/- 0.50% or more from true value. Is that an accurate assessment?

Actually, it's a market move of +/- .5% from the values at 1200 est.

 

[NyteTracker]

Actually, it's a market move of +/- .5% from the values at 1200 est.

Thanks for the clarification.

 

[sugarandspice]

G--
F+.02
C+.01
S-.01
I-.08

Wow! The volatility!

 

[merlin]

Is there any way to determine which way the FV will go. Like last week we had two and the last one was negative. Should the next be positive?