350Z's 2007 I Fund Thread

[FundSurfer]

I think it was the oil spike that caused the FV. It is the only thing that makes sense.

 

[350zCommTech]

Tomorrow morning we'll get the final reading on 4th QTR GDP and jobless claims. The final readings of GDP rarely come in too far from expectations and thus, might not have much of an impact on the dollar. Jobless claims on the other hand, I'm expecting it to come in a little higher than expected, which might cause the dollar to fall a little bit. But if we get a hot number like 350+, there might not be a rally tomorrow.

So far tonight, the USD/YEN appears to be holding up and the Nikkei is now well of its' low of more than -200 points. If the USD/YEN can hold through out the night or maybe rise a little, we'll have a good chance for a rally tomorrow.

 

[350zCommTech]

So far tonight, the USD/YEN appears to be holding up and the Nikkei is now well of its' low of more than -200 points. If the USD/YEN can hold through out the night or maybe rise a little, we'll have a good chance for a rally tomorrow.

Wow! The USD/YEN is rebounding nicely and has broken back up above the 117 level. The Nikkei responded by rallying 160+ points and is now in positive territory. It's looking good for a nice pop at the open tomorrow.

On the cautious side, the Shanghai index is at it again. It has been up every single day for past 8 days for a total of +11%. +3% in the last two days alone. It's now well above the 2/26 level prior to the 10% correction.

 

[ebbnflow]

A rally would be great and getting back the -.12 cents they took today would be icing on the cake. FUVs, phantom FVs, Delayed FVs, anything, just give us something back.

 

[The_Technician]

A rally would be great and getting back the -.12 cents they took today would be icing on the cake. FUVs, phantom FVs, Delayed FVs, anything, just give us something back.

I think we need to keep this in mind when the end of the next quarter comes up........maybe its a quarterly adjustment....

 

[12%ayear]

Are the accountants from the I Fund from Enron? Jeez

 

[350zCommTech]

Tomorrow morning we'll get the final reading on 4th QTR GDP and jobless claims. The final readings of GDP rarely come in too far from expectations and thus, might not have much of an impact on the dollar. Jobless claims on the other hand, I'm expecting it to come in a little higher than expected, which might cause the dollar to fall a little bit. But if we get a hot number like 350+, there might not be a rally tomorrow.

Well, GDP was revised up to 2.5 and jobless claims fell a tad. IMHO, these numbers are PURE BS. GDP was revised up because of higher truck prices? BS! While these numbers are bullish for the markets this morning, they might eventually realize that yields will go up and there is now less chance for a rate cut. Further more, this is just another nail in the coffin for subprime borrowers who are looking to refinance. Oh, as for consumer spending being up 4% in the 4th QTR, I don't believe it. Retail sales were mediocre at best.

The dollar is rallying against all other currencies.

 

[offtrack]

Damn iranians and Brits. I was hoping to hop into I tomorrow expecting a bump if the US markets rebound but posturing on both sides will keep oil up and if conflict breaks out I'd expect a negative impact. I hope Blair can keep things subdued but he seems to be under pressure to take a firmer stance. And I am a bit concerned about manipulation from US administration I fear they might prefer this to break out into open conflict. I'm cautious of the I right now.

 

[12%ayear]

Dollar is pushing higher Someone post an early estimate

 

[WIND_HUNTER]

Early estimate + .605% or .14 cents

 

[350zCommTech]

Early estimate + .605% or .14 cents

Don't forget the -FUV from yesterday. The I fund is owed 12 or 7 cents. I have a hunch that it's 7 cents.

 

[WIND_HUNTER]

Don't forget the -FUV from yesterday. The I fund is owed 12 or 7 cents. I have a hunch that it's 7 cents.

I'll leave the FUV to the pros. I dont have a clue...

 

[jayhawker]

Early estimate: +.56 or 13 cents.

I figure the FV adjustment at 9 cents. +3 on Tuesday, -3 adjustment and another -9 FV on Wednesday. But who knows at this point. It could be +7, +9, or +12 for all I know.

 

[jayhawker]

11:40 estimate: +.525 or 12 cents.

 

[12%ayear]

This does not look good

http://www.cnn.com/2007/WORLD/meast/03/29/iran.uk.sailors/index.html Iran is dragging their feet. They better be careful because England will bomb them. World Markets are all on edge over this. Tomorrow, you might see some investors lighten up because of the weekend. Too risky to hold. GL

 

[sugarandspice]

Re: This does not look good

http://www.cnn.com/2007/WORLD/meast/03/29/iran.uk.sailors/index.html They better be careful because England will bomb them.

Not without our blessing.

 

[airlift]

Nobody can put this to sleep under the rug and pretend nothing is happening!

 

[jayhawker]

The USM is setting us up for another -FV. Good for those that moved to the I today.

 

[350zCommTech]

http://www.cnn.com/2007/WORLD/meast/03/29/iran.uk.sailors/index.html Iran is dragging their feet. They better be careful because England will bomb them. World Markets are all on edge over this. Tomorrow, you might see some investors lighten up because of the weekend. Too risky to hold. GL

Not without our blessing.

Well, the tensions in Iran and $65 oil has busted the rally. I think Iran knows full well that the US and Brits are just waiting for an excuse to launch the bombers. Iran can't be that dumb. A war will mean total annilliation for Iran. Further more, oil is their main source of income.

As for the I fund for tomorrow, the only thing that looks good is the USD/YEN's rally into the 118 level. If the USM shows any kind of a recovery this afternoon, the Nikkei will have a good night. If the USM really tanks this afternoon, then we will atleast get a -FV. If Iran frees a British soldier, we might get a relief rally tomorrow. The Nasdaq is oversold.

 

[jayhawker]

EAFE Final: +.386 or +9 cents. :suspicious: