350Z's I Fund Thread JAN 08

[12%ayear]

Fed about to cut??????

I think tomorrow because he speaks.

 

[12%ayear]

Or -41 cents, including a 19 cent -FVC.

holy smokes -1.77% IMO the US DOLLAR has bottomed. Staying away from the I FUND

 

[Rod]

I think tomorrow because he speaks.

He's due to speak at 1000.

 

[350zCommTech]

holy smokes -1.77% IMO the US DOLLAR has bottomed. Staying away from the I FUND

Down $1.12 in two days! Everybody is oversold, especially Japan, but the market needs Ben to cut. SPX is 3 points way from falling off a cliff.

View attachment 3089

 

[Ric]

Friday I bought $15K of I fund before going home hoping it bottomed out and I would be given a chance for a decent buy in. Monday I saw the slide and was able to cancel before it took hold. WOW am I glad I have moved all my TSP holdings into the F fund on Dec 21st.
This is getting really ugly for y'all in too deep to pull out of the I.

 

[McDuck]

I-fund at $22.73 down 1.8%. Corrected yesterdays -UV, we are back to being even.

 

[McDuck]

I-fund is down 8.2% year-to-date.

Chart for the last 5 days:

-8.20%
-8.20%
-8.20%

 

[hessian]

Nikkei is up early (MarketWatch):
Japan. 1885002 (Index) Delayed Quote Data: 10:58am 01/17/2008
N/APre-Market After Hours N/AChange: N/AN/AVolume: N/A
269.70

Change:+2.05 +0.77%

Makes me wonder:
1) is this a normal "bounce," given last few days, or
2) are they "smarter" than we give 'em credit for?/know something is up?
VR

 

[Rod]

Makes me wonder:
1) is this a normal "bounce," given last few days, or
2) are they "smarter" than we give 'em credit for?/know something is up?
VR

They're simply "bargain-hunting".

 

[weatherweenie]

"All the dismal data cement a half-point cut. But things have gotten so bad that just a 50 basis point cut would trigger a disappointing reaction," Laidi added.

My concerns exactly.

 

[Rustynutt]

One thing is for sure, this dive sure does put the claimed administration cost of frequent transfers in the noise...... do the I Fund TSP managers get a percentage for management, or a fixed cost, and do they have windows in their offices?

 

[James48843]

Overnight, Japan was up 2%.

Most of Europe is up, but only about 1%, or a little less.

Still, it looks like the market is overstretched on the overnight, and ready to rest from the big drops every day.

 

[350zCommTech]

Current estimate:

Up 22 cents.

 

[350zCommTech]

Current estimate:

Up 15 cents. If Ben doesn't cut today, we might see a -FV.

 

[12%ayear]

Ben has to be the worst Fed Chairman. He is way to texted. Forget the fact that people are stupid who tried to flip property and now are stuck holding the bag. The economy is in serious trouble. Cut already!!! The huge problem was that Bush gave the tax cut to the super rich and not the middle class who are the ones who spend. Now Congress wants to give rebates for us to spend. What a bunch of idiots. They should of cut taxes for the middles class in the first place and tax the **** out of the CEOs from CountryWide and Co.

 

[350zCommTech]

Ben has to be the worst Fed Chairman. He is way to texted. Forget the fact that people are stupid who tried to flip property and now are stuck holding the bag. The economy is in serious trouble. Cut already!!! The huge problem was that Bush gave the tax cut to the super rich and not the middle class who are the ones who spend. Now Congress wants to give rebates for us to spend. What a bunch of idiots. They should of cut taxes for the middles class in the first place and tax the **** out of the CEOs from CountryWide and Co.

Did you see the golden parachute that the Tan-Man is getting from the sale of CFC to BAC?

They will all burn in hell.


I fund currently up 6 cents.

 

[12%ayear]

350Z, CEOs are destroying this country. They remind me of the King Of England. Selfish bastards who only care about the bottom-line. Enron,Wcom,Halliburton, and the list goes on. It was never like that years ago. They rape the vault and leave the company in ruins. Now Congress is trying to give us crumbs(tax rebates). That is why the US Dollar is starting to look like the Peso. Sad!!

 

[Silverbird]

If the loan brokers were not able to sell these ARM and Leg Loans to the financial companies for a goodly profit, and the financial companies weren't able to bundle them in with conservative investments to make a high yield AAA investment, we wouldn't be in this mess. Over-regulating is not good, but something's really wrong with financial and real estate regulations when this sort of behavior is legal.

Add this to the federal deficit and falling interest rates, who would want to buy dollars or dollar denominated investments?

I blame the spend and borrow Administration and the permissive lending regulations for this mess.

Uh oh...I'm agreeing with Cramer.http://www.cnbc.com/id/22706231
"Cramer Rages on Banks - Where's the SEC?"

 

[fedgolfer]

I fund really up about .15 or +.66% (chem eng's spreadsheet)? $ is falling helping out some.

 

[350zCommTech]

Up 4 cents.