350Z's I fund thread NOV 07

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very nice set-up for this huge rally this week. Love this:D Stay away from the I Fund IMO..US DOLLAR is going to kick ass this week vs. the EURO

12% what fund do u suggest c or s n when d I fund. I'm n g thinking of going I wednesday, should I wait. TIA
 
No fund price updates tonight- remember that TSP is closed today, so we'll have to wait until tomorrow to get the numbers from tomorrow night.

The numbers are not going to be pretty.​

One thing is for certain. we are all doomed.

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The BOJ held rates steady at .50%.

So far, the only reaction from the Nikkei has been from the bad sushi during lunch.

Nikkei fell off a cliff after lunch, down 129 points.

the Yen carry trade is starting to do it's thing again....
 
It's turning green fast now... maybe tomorrow will cancel out the downturn today!

Maybe, it will depend on the USM tomorrow.

For the second day in a row, the Nikkei bounce off the 15000 level and rallied hard. I think she might be ready, but if I make a move back in, it will be the S fund first, then I fund. I hate dealing with the +FV.
 
Overnight, Japan fell again, and as I write this, CAC, DAX, and FSTE are all down about a half percent each, and the dollar is slightly stronger, which is bad for the "I".

Another bad day.
 
It's interesting that OSMs are not going along with this rally. Perhaps it's due to the higher than expected inflation reading in the UK. While it suggests that the BOE needs to raise rates again, they will not raise rates while the credit markets are on the verge of collapsing.

The real good news today is that the Yen carry trade is resuming thanks to the Nikkei finding support at 15000, help in part by the BOJ. The BAC's $3B write down is also being ignored.

The Nikkei is due for a big rally. With the Dow up 175 at the moment, the I fund is the easy choice. Also, pending home sales got delayed. It will be reported this afternoon at 3:00 EST. A sell-off this afternoon will give the I fund a nice -FV.

Good Luck.
 
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