350Z's I Fund Thread JAN 08

[hessian]

Hey 350,
I understand your frustration with I-Fund, with Barclay's, FV, and all, etc.
The link below shows the MSCI EAFE made a 5.09% gain on Friday!
Any idea why such a wild discrepancy is apparent given TSP price showed a loss (& EFA) ?
You think below is just a typo/chart mistake?
http://stockcharts.com/h-sc/ui?s=$MSEAFE&p=D&yr=0&mn=9&dy=0&id=p55192775979
VR

 

[350zCommTech]

Hey 350,
I understand your frustration with I-Fund, with Barclay's, FV, and all, etc.
The link below shows the MSCI EAFE made a 5.09% gain on Friday!
Any idea why such a wild discrepancy is apparent given TSP price showed a loss (& EFA) ?
You think below is just a typo/chart mistake?
http://stockcharts.com/h-sc/ui?s=$MSEAFE&p=D&yr=0&mn=9&dy=0&id=p55192775979
VR

That is the real MSCI EAFE(our I fund without the FVs). It just lags by one day. Even though it shows 5.09% gain for Friday, it's actually Thursday's gains. After Monday, you will probably see last Friday's gain of 1.36% graphed.

 

[Robo5555]

This is getting complicaded.

 

[Rod]

How does SPX 1225 sound? That's another 105 points down from here.:laugh:

We could shave off 105 points by next Friday.

I say bring out the shaving cream!

 

[hessian]

That is the real MSCI EAFE(our I fund without the FVs). It just lags by one day. Even though it shows 5.09% gain for Friday, it's actually Thursday's gains. After Monday, you will probably see last Friday's gain of 1.36% graphed.

Oh, wow! That is really strange, but thank you for the clarification.
I'm ready for a game not so silly-complicated...

 

[350zCommTech]

This is getting complicaded.

Oh, wow! That is really strange, but thank you for the clarification.
I'm ready for a game not so silly-complicated...

It's useless anyway, IMO.

 

[350zCommTech]

We could shave off 105 points by next Friday.

I say bring out the shaving cream!

LOL!!!!

I think you might be right.

 

[Rod]

I would really really really like to see a bottom.

Yes... really.

It will be a boring year if we do not.

Yeah... I'm just chatting to be chatting now because it's midnight and I'm bored.

 

[GGal]

You know Rod, I think If I'd been all G like you I might be tempted to call this a bottom and buy in now.

I guess you are betting that it will go lower.

I recently sold some I at 23.86, then some at 22.54, and I am tempted to buy it back soon, because I would hate to have to buy it back at more than I sold it for.

 

[Birchtree]

I've been dollar costing the I fund all the way down in this order: 24.68, 24.20, 25.18, 25.52, 23.93, 24.08, 24.54, 22.73, 21.58, and finally but certainly not least at 21.45. I can afford to buy lower if I must.

 

[Rod]

You know Rod, I think If I'd been all G like you I might be tempted to call this a bottom and buy in now.

I guess you are betting that it will go lower.

I recently sold some I at 23.86, then some at 22.54, and I am tempted to buy it back soon, because I would hate to have to buy it back at more than I sold it for.

To be quite honest, I'm not tempted in the least to buy in because of how I was burnt in the summer of 2006- live and learn.

I am waiting for at least 3 UP days on beter than average volume in the S&P 500. Even then, any bottom talk would be questionable.

Capital preservation is key in this sort of climate.

God Bless

 

[Rod]

The (I) would become attractive if it were to hit 19.00.

 

[350zCommTech]

Rod,

I just noticed your signature. How about posting a C fund buy and holder's YTD also, below yours?

You can call it Tracy Ray's(buy&hold) ytd.

 

[Gunny]

I jumped into the F 100% for Monday. If you look it is the only decent buy for this entire down-swing. I'm betting on more down action for awhile. I DO believe this "bottom" will be easier to call than others in the past. This time it's simple.... don't buy in until people can afford to buy(stocks, food, oil, gas etc.). Right now it is still a struggle for many out there.

 

[RAE]

To be quite honest, I'm not tempted in the least to buy in because of how I was burnt in the summer of 2006- live and learn.

I am waiting for at least 3 UP days on beter than average volume in the S&P 500. Even then, any bottom talk would be questionable.

Capital preservation is key in this sort of climate.

God Bless

I agree, Rod. For those that think we are near the bottom, check out this article from yesterday's NY Times:

http://www.nytimes.com/2008/01/26/business/26nocera.html?_r=1&scp=3&sq=weekend&st=nyt&oref=slogin

John Mauldin had an interesting piece this weekend also. Some long-time market followers he is talking to think there is about a 20% chance we are headed into a depression, not a recession. Banks have billions more in writedowns yet to come, and one or more major banks are going to fail before this is over. You don't want to be in the markets when that happens.

Be careful out there.

 

[Nimrod1193]

What does the hive mind think the odds are that the Fed DOESN'T cut rates at their next meeting, or only cuts them 25 basis points?

 

[350zCommTech]

Great story on 60 mins. now.

 

[Rod]

What does the hive mind think the odds are that the Fed DOESN'T cut rates at their next meeting, or only cuts them 25 basis points?

I'd say .25 or none at all.

 

[Nimrod1193]

I'd say .25 or none at all.

That's what I'm thinking too. That's why I think I'm staying safely on the lily pad. If The Fed announces either of those options, expect the market to fall off a cliff.

 

[350zCommTech]

You've got to be kidding me. ChickenChit short covering in the last 10 mins?

Cowards! It's not like Ben can come out and cut rates on Monday...:nuts:

Dow managed to hold 12200. It's doesn't mean anything.

We now return you to our regularly scheduled market crash!

Japan down over 2%.


Tracy Ray and the rest of the buy and holders on Fedsmith.com, watch as your account balances get smaller and small. The .08% trading cost is how much?($80/year/person?). How does that compare to the 10's of thousands of dollars you have lost this year so far.