350Z's I fund thread DEC 07

[jayhawker]

Currently up 1 cent. The majority of the foreign markets are closed today.

 

[Robo5555]

USM closes early today.....right?

 

[jayhawker]

I don't believe so.

 

[ATCJeff]

USM closes early today.....right?

No, full day today.

 

[350zCommTech]

Heads up!

Today's FV situation is similar to the one on Dec 24th, Christmas eve. The OSM had a half day and finished well before the USM opened. This means the FV clock might have started, at the opening of the USM.

If Barclay follows the same rule they used on the 24th, then the I fund is already in -FV territory. With most markets closed tomorrow, IMO, the I fund is a no-brainer gamble.

Btw, I also have a feeling that $compq will fill that gap today.

Good luck.

Happy new year!

 

[jayhawker]

France, The Netherlands, and Belgium are still open at this time. Every other market closed early or never opened.

I think I'll gamble and move to the I.

Thanks 350!

Oh... currently down 7 cents.

 

[Rod]

France, The Netherlands, and Belgium are still open at this time. Every other market closed early or never opened.

I think I'll gamble and move to the I.

Thanks 350!

Oh... currently down 7 cents.

At least Japan is closed the next few days... so there won't be any worries of a negative reaction there... YET.

 

[350zCommTech]

France, The Netherlands, and Belgium are still open at this time. Every other market closed early or never opened.

I think I'll gamble and move to the I.

Thanks 350!

Oh... currently down 7 cents.

You're welcome Jayhawker,

 

[RPM]

wow, the dollar is shooting up sky high. Any new estimate? Thanks

 

[350zCommTech]

wow, the dollar is shooting up sky high. Any new estimate? Thanks

Down 1 cent.

The dollar found support at 76.

View attachment 2939

 

[RPM]

Z:

Do you know what happens to the dollar? My Yahoo quote shows it just shot up 0.88%, is that going to be a huge -FV adding to your estimate of down 1 cent? Or does the new estimate already took that into account? TIA mucho

Happy New Year to everyone! I am at work today, doing end of year cleaning/purging! I guess the stock market is doing same to me! :nuts:

 

[mtzfam]

Down 1 cent.

The dollar found support at 76.

View attachment 2939

350z I was watching cnbc n they (who knows what their names r) said the euro will hit 150 n then hit about 132. They r expecting the dollar to get strong. What do u think.

 

[TerpTrader]

The latest rise and fall above and then below the 50 day moving average in the Dollar is very similar to the pattern from about August 6 through late August.
I think a further decline past the 50ma is very possible.

Down 1 cent.

The dollar found support at 76.

View attachment 2939

 

[350zCommTech]

350z I was watching cnbc n they (who knows what their names r) said the euro will hit 150 n then hit about 132. They r expecting the dollar to get strong. What do u think.

Short term bounce for now. I can't say anymore yet.

 

[350zCommTech]

Z:

Do you know what happens to the dollar? My Yahoo quote shows it just shot up 0.88%, is that going to be a huge -FV adding to your estimate of down 1 cent? Or does the new estimate already took that into account? TIA mucho

Happy New Year to everyone! I am at work today, doing end of year cleaning/purging! I guess the stock market is doing same to me! :nuts:

That Yahoo chart lags by 15-20 minutes. My estimate already took the rise into account.

 

[350zCommTech]

Looks like the NDX is holding up the market at the moment. A sustained break through of 2090 and we might see the gap get filled. I hope they do it today and get it over with.:worried:

View attachment 2941

 

[snowcat]

I slept late and missed it. That guy on CNBC predicting a 1.50 euro was Chuck Butler whose newsletter (blog) I've been reading for the past 2-3 years. http://www.dailypfennig.com/currentIssue.aspx?date=12/31/2007 for todays issue
where he said he'd be on CNBC.

He writes it early each morning M-F covering the currencies market. (Btw, he works
for a bank that lets you invest in foreign currencies.)

 

[Robo5555]

I'll like to wish everyone of you a prosper new year. Thank you for all the lessons and great times. Its been an honor to be here with you'all.
Rob

 

[hessian]

Looks like the NDX is holding up the market at the moment. A sustained break through of 2090 and we might see the gap get filled. I hope they do it today and get it over with.:worried:

350,
By chart that I view, I also noted in my [new] AcctTalk thread yesterday - to note the NASDAQ price chart it also has a rather large gap (Russell 2K too), but that these sure look like they MAY NEED to be filled, rather soon too!
http://stockcharts.com/h-sc/ui?s=$COMPQ&p=D&yr=0&mn=9&dy=0&id=p55192775979
In a later post this morning, I speculated that I thought the gap may be considered to have been filled (looks like it got within 3 or 4 points, with intraday-low, which should be good enough). Am I looking at a wrong chart - or drawng wrong conclusion?
VR

 

[Minnow]

How's about an end of the year list -- since those have never been done before?!?

Minnow's Top 5 favorite moments on the threads 2007 (I just lurked until Sep mind you):

5. Everyone fondly remembering departed pets on 12%'s thread after someone mentioned a "dead cat" bounce.

4. James suddenly realizing he had the power to reverse the markets just by posting contrarian remarks or simply "BOO!" on the message boards. (worked for awhile, too)

3. Birchtree vs. 350z -- many "f" bombs and an intimation about Larry Kudlow I cannot mention but it was good while it lasted (i.e. before the comments were edited by the moderator) and it actually caused my least favorite moment: 350z's sabbatical and return as "Armageddon Ben" and Countrywide "Tan Man" -- thank god that's over... Hot girl w/hot car -- a winning combination. May you BOTH continue to educate and inform us novices so passionately (didn't count on the Morton Downey Jr. humor but that was a nice bonus).

2. 12%'s "I'll eat my hat" day -- from somewhere well over 200 points down, he called green and got it -- nice.

1. The fight vs. IFT limits -- let's keep it going!!!

-- feel free to remind me of more great moments ...

All of you have a wonderful new year, thank you for all the education and "entertainment" and may all the world's blessings be bestowed on you and yours.