350Z's I Fund Thread JAN 08

[snowcat]

Interesting comments from a currency guru (posted this morning before the Fed rate cuts were announced):
http://www.dailypfennig.com/currentIssue.aspx?date=1/22/2008

 

[350zCommTech]

I dunno if the .75 rate cut (instead of the .5 expected) would change that advice any or not?

F is up 5 cents at the moment(yields at all time low). Take the money and run. Why risk giving it back?

Yes, the .75% changes things. If I was in the F fund today, I would take the money and run.

 

[350zCommTech]

Up 7 cents, plus Monday's -$1.26 = -$1.19.

 

[thamm]

Yes, the .75% changes things. If I was in the F fund today, I would take the money and run.

Z,

Would you advise jumping out of the F Fund when you say take the money and run or stay put?

 

[350zCommTech]

Up 7 cents, plus Monday's -$1.26 = -$1.19.

Oops, my spreadsheet got screwed up.

I fund up 2 cents, plus Monday's -$1.26 = -$1.24.

 

[pezfallout]

I honestly don't see what's holding this market up. It's down, but it's not matching everyone's feelings, imho.

 

[350zCommTech]

I got out of F and put 10% back in I...so as long as it's below Friday's price at COB today I'm happy. Until tomorrow...hoping for OSM bounce then back out of I unless it looks like things will hold until next week. Talk of another .25 cut next week. What do you think? I know there's lots more bad news to be reported.

.50% cut on the 30th.

 

[Boxholder]

I wholeheartedly agree with you, 350. And if our market tanks enough in between, I don't think another .75% is out of the question.

 

[350zCommTech]

Hmmm....Key support just broke in the currency market. I think we're about to see more selling this afternoon. I would love to see a -FV.

 

[Boxholder]

Hmmm....Key support just broke in the currency market. I think we're about to see more selling this afternoon. I would love to see a -FV.

Yea, Joe Six-pack is just now getting through on the phone to Edward Jones. We definately need a -FV to help us survive the US market tomorrow. But I expect virtually all international markets to bounce tomorrow, maybe with the exception of Shanghai which seems on the verge of dropping through longtime support. We should really be hoping for a +FV today to improve the international markets chance of following our lead. I just have a gut feeling that we'll see a big selloff just in the last few minutes.

 

[350zCommTech]

Yea, Joe Six-pack is just now getting through on the phone to Edward Jones. We definately need a -FV to help us survive the US market tomorrow. But I expect virtually all international markets to bounce tomorrow, maybe with the exception of Shanghai which seems on the verge of dropping through longtime support. We should really be hoping for a +FV today to improve the international markets chance of following our lead. I just have a gut feeling that we'll see a big selloff just in the last few minutes.

Boxholder,

When the I fund gets a -FV, the majority of the time(maybe 95%?), it ends up making money the next day due to the -FVC. I would rather take a -FV at this point.

 

[12%ayear]

s fund did well today. I missed the deadline with the I FUND

 

[DCguy]

so how's the I doing now?

 

[350zCommTech]

so how's the I doing now?

I fund up 3 cents, plus Monday's -$1.26 = -$1.23.

Hopefully, that last minute sell-off took us out of +FV.

 

[weatherweenie]

eafe +0.12%

 

[350zCommTech]

ORDS up 6% at the start.

 

[350zCommTech]

I fund up 3 cents, plus Monday's -$1.26 = -$1.23.

Hopefully, that last minute sell-off took us out of +FV.

Down 96 cents.

There was a +FV of 27 cents.


DAMIT!!@!!!!!!!!@W$#@$#@$@#

 

[rob10000]

Down 96 cents.

There was a +FV of 27 cents.


DAMIT!!@!!!!!!!!@W$#@$#@$@#

That does suck, I went 100% I for tomorrow

 

[Boxholder]

Down 96 cents.

There was a +FV of 27 cents.


DAMIT!!@!!!!!!!!@W$#@$#@$@#

Am I correct in saying there was not an increase of at least .5% in the I after cutoff time? If there was, it doesn't show on the chart. I personally think Tracy Ray is playing games with our thread.

 

[12%ayear]

Am I correct in saying there was not an increase of at least .5% in the I after cutoff time? If there was, it doesn't show on the chart. I personally think Tracy Ray is playing games with our thread.

lol