350Z's I fund thread NOV 07

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You are not kidding Robo - Barclays is sticking it to those of us who like to manage our own account. It is "funny" that they had such a huge FV - not that it wasn't justified, just the amount was. I would love to see how many moves to the I fund were made yesterday (or amount) and see if there is a correlation to the amount.
My hats off to those who calculate the FV in the forum before it comes out, it seemed to me they were even suprised about the amount yesterday! On another note, I am curious how the value of the dollar could be on the rise, yet we are talking about another Fed cut in two weeks....something to me just don't make sense about this?
Bigpappap
 
To add... the trading limit coming will eliminate a lot of our daily action here on our site. Not to mention some of these premium services go out the window.
 
To add... the trading limit coming will eliminate a lot of our daily action here on our site. Not to mention some of these premium services go out the window.
IMO we get a +fv this afternoon. Going back to my S FUND for the rest of the year. I have a good feeling about it. Sticking to my game plan. Who as the lastest estimate on the I fUND? Ty:)
 
To add... the trading limit coming will eliminate a lot of our daily action here on our site. Not to mention some of these premium services go out the window.
It sure will. Once the deal goes through there will less people scouting on these threads. Many will just stick to a formula and be done with it. The paid sites will also get hurt, people will have a hard time paying for only 2 transactions a month advise. Can you imagine trying to figure out where to go with only 2 transactions and have to worry about this Bullshit FV on top of it.
 
10:41 estimate: +26 cents from market change PLUS +FVC of -42 cents PLUS -13 cents from dollar change EQUALS -29 cents
 
IMO we get a +fv this afternoon. Going back to my S FUND for the rest of the year. I have a good feeling about it. Sticking to my game plan. Who as the lastest estimate on the I fUND? Ty:)

From ChemEng spreadsheet, at 7:40 am, -.29, including -FV from yesterday and dollar.
 
On another note, I am curious how the value of the dollar could be on the rise, yet we are talking about another Fed cut in two weeks....something to me just don't make sense about this?
Bigpappap

Remember a rate cut is bad for the dollar. If you were long on the dollar thinking that the dollar had put in a bottom and you heard the Feds start talking about another rate cut, wouldn't you sell your long position?

Maybe were just seeing alot of selling which could push the dollar higher(if there are no buyers) in the near term .
 
I bought I today, if it was priced $0.42 high, Then I was overcharged .42/25.21 or 1.7%. A 42 cent correction tomorrow would take .42/25.xx or another 1.6%. Resulting in a 3.3% loss due to Barclay's faulty calculations.


Folks the last part of Talltimber's statement is absolutely correct.

FAULTY CALCULATIONS.

I know how they came up with 42 cents, and it was definitely based on faulty calculations. If they had done a 31 cent +FV like I had calculated, the I fund would be even today. We'll just have to live with it since I doubt that there's any thing we can do to get them to change their calculation methods.


The I fund is down 15 cents, including a 42 cents +FVC.
 
Folks the last part of Talltimber's statement is absolutely correct.

FAULTY CALCULATIONS.

I know how they came up with 42 cents, and it was definitely based on faulty calculations. If they had done a 31 cent +FV like I had calculated, the I fund would be even today. We'll just have to live with it since I doubt that there's any thing we can do to get them to change their calculation methods.


The I fund is down 15 cents, including a 42 cents +FVC.
thank you 350z
 
Remember a rate cut is bad for the dollar. If you were long on the dollar thinking that the dollar had put in a bottom and you heard the Feds start talking about another rate cut, wouldn't you sell your long position?

Would be a smart move.....

Maybe were just seeing alot of selling which could push the dollar higher(if there are no buyers) in the near term .

Or maybe the fed won't make a cut. Bernanke hinted at the fact that we might have to wait for January to see another rate cut. All hinging on the necessity of course. I also believe that there are interests abroad getting ready to pounce on a lot of the market in the USM.

Or it could be some programmed buying because oil dropped.:cool:
 
FWIW.................
On Thursday, Fed Chairman Ben Bernanke speaks and traders will be listening to see if he echoes Kohn's comments. The view from the Street is that he will, and traders are convinced the Fed will cut a quarter point Dec. 11. However, there's already an enthusiastic group ramping up expectations for a half point cut. Bernanke speaks after market hours, at 7 p.m. in Charlotte, N.C. http://www.cnbc.com/id/22014586
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You have to make a bet on what Ben will say...Hurry up
I bet he makes the call to hurt my accounts. I may just split across the board to hedge my bets.

{secretly.... I see a .25 cut, he may need the points in January to give away if some of the GDP/employment/futures numbers don't improve:cool:}
 
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