350Z's I Fund Thread JAN 08

[350zCommTech]

350 I had posted that some cnbc analyst
had said that d euro would hit 150 it got to 149 and has droped. i'm not sure what it is now but how or what did he look at to get an idea that was going to happen.

I don't know for sure but perhaps it was the obvious big round number like 150 or $1.5 mark. Then combine that with problem in the European banks and the bottoming of the dollar.

 

[mtzfam]

Hopefully Bush doesn't make a tv appearence tommorow and Ben makes the right move. To much blood on his hands.

 

[350zCommTech]

Current estimate:

Down another $1.02, plus Monday's -$1.26 = -$2.28

That is over -10% in two days.

 

[350zCommTech]

Hopefully Bush doesn't make a tv appearence tommorow and Ben makes the right move. To much blood on his hands.

I agree. Why the heck would you promise an inter-meeting cut but don't deliver?

 

[mtzfam]

350z who do think will start the rally the OSM or USM

 

[Chocolate_Lover]

If he cuts .50% and continues the "ready and willing with the word substantive", there is a slight chance that the rally could last more than one day(I would not bet on this).

On the other hand, if he cuts .50% but drops any of the above language(highly unlikely), the markets would probably continue tanking.

Well, then, here's the $64K question (and, for those who've been around and for whom that's a very real number), where's the bottom? For, if rate reductions are really only about forestalling the inevitable, a market crash, with brief pauses at each rate reduction, then isn't "F" or "G" the place to be until at least . . . . well, January '09 is looking really good right now?

If our economy is entering (dare I say it) a recession, what impact will that have on the dollar for most of that period, and, if I've really lost my mind and want to continue this madness (I have 15+ years to retirement) will the "I" Fund still be a better fund than "C" or "S" until the economy turns around?

 

[mtzfam]

Well, then, here's the $64K question (and, for those who've been around and for whom that's a very real number), where's the bottom? For, if rate reductions are really only about forestalling the inevitable, a market crash, with brief pauses at each rate reduction, then isn't "F" or "G" the place to be until at least . . . . well, January '09 is looking really good right now?

If our economy is entering (dare I say it) a recession, what impact will that have on the dollar for most of that period, and, if I've really lost my mind and want to continue this madness (I have 15+ years to retirement) will the "I" Fund still be a better fund than "C" or "S" until the economy turns around?

I think the bad news still out weighs the good news. To many companys still out there that have not reported their nightmares and you might be right 09 is looking really good and especially with the 2 trade deal we're getting might as well be in the G.

 

[mtzfam]

Current estimate:

Down another $1.02, plus Monday's -$1.26 = -$2.28

That is over -10% in two days.

I think when i started trading in the I fund the share price was around 16.?? If this continues it's like starting all over but with a wad of money that i was able to save by getting out in time.

 

[ecilopaveht]

My very first post!

First I want to say that I have been Lurking/reading these forms for about a year, and have learned a lot. I want to thank everyone for all their insight and knowledge! especially 350z

I have followed the crowed for most of last year and made an outstanding 28% return! I would have never been able to do this on my own!

Luckly I got a bit skiddish back in October, I went 100% G Nov 1st, and I am still in it today. I feel very fortunate as many people did not get out before this mess.

I will be waiting on the sidelines untill I get a good feeling, or when you guys start to get warm and fuzzy felling again.

Again thanks to all!!!!

 

[12%ayear]

easy cash in the I FUND for Wed.

 

[Show-me]

My very first post!

First I want to say that I have been Lurking/reading these forms for about a year, and have learned a lot. I want to thank everyone for all their insight and knowledge! especially 350z .

I have followed the crowed for most of last year and made an outstanding 28% return! I would have never been able to do this on my own!

Luckly I got a bit skiddish back in October, I went 100% G Nov 1st, and I am still in it today. I feel very fortunate as many people did not get out before this mess.

I will be waiting on the sidelines untill I get a good feeling, or when you guys start to get warm and fuzzy felling again.

Again thanks to all!!!!

Welcome to the show! :nuts:

 

[Show-me]

European shares recover briefly on rate cut talk

LONDON, Jan 22 (Reuters) - European shares swung wildly in morning trade on Tuesday and traded 0.8 percent lower after turning briefly positive on market talk of central bank interest rate cuts.

At 0914 GMT, the FTSEurofirst 300 index of top European shares was down 0.8 percent at 1,269.66 points, having fallen as much as 4.4 percent earlier in the session and then risen almost 0.5 percent as the rate talk swirled.

"Theres's rumours about concerted rate cuts... they're talking about the Fed, the ECB, the Bank of England and the SNB all cutting rates," a trader said.

Traders in Paris cited market talk of a rate cut of between 75 to 100 basis points from the U.S. Federal Reserve.

(Reporting by Sitaraman Shankar, Blaise Robinson, Rebekah Curtis and Michael Taylor)

http://www.reuters.com/article/marketsNews/idCAL2217832720080122?rpc=44

 

[weatherweenie]

I bet The Nikk closes down over 800.

It simply has no direction but down since USM were closed today.

Nice call!

752.89

 

[350zCommTech]

.75% cut and the dollar tanks.

 

[Aspiration]

Futures less red on the rate cut news. ECB indicates no further good news from Europe. I'm exiting the S fund today and hoping I don't get blocked by the mass of people running for the exits...

 

[Robo5555]

What are we looking at....estimate ?

 

[Robo5555]

Over two dollars down??

 

[350zCommTech]

This might be good.

There is some serious action going on in the currency markets at the moment. The Yen made a turn and has falllen significantly. This is probably due to the expected hold on interest rates by the BOJ later tonight. When the Yen falls like this, it's normally supportive for the Nikkei. But in this current situation, I don't know if it will have any meaningful impact.

There is also one other possibility. That would be the possibility that somebody might have leaked a Fed cut for tomorrow.

This is just my opinion of what I'm seeing. It might just be nothing.

Amazing! Another leaked fed cut.....:suspicious:

 

[350zCommTech]

What are we looking at....estimate ?

Current estimate:

Down 27 cents, plus Monday's -$1.26 = -$1.53.

 

[350zCommTech]

Futures less red on the rate cut news. ECB indicates no further good news from Europe. I'm exiting the S fund today and hoping I don't get blocked by the mass of people running for the exits...

I agree, if you're still in the market, this might be a good time to unload. Wait a second, I think most traders might be thinking the same thing! The markets might continue to tank today, despite the .75% cut!