350Z's I fund thread NOV 07

[Boxholder]

European Central Bank Policy Meeting, Bank of England Policy Meeting on tap. Thursday will be the release of the BoE and ECB policy.

Anyone have a opinion?

From everything I have read, they are saying that there is a better than not chance that they will increase the ECB rates this time since they have increased inflation. They probably would have last time had not Ben cut our rate.

 

[Jethro]

OK History buffs, is this true?

``The dollar is no lower today than it was in 1997,'' Rosenberg wrote in a Nov. 2 research note. ``We don't remember that being a particular Armageddon-type time period.''
http://www.bloomberg.com/apps/news?pid=20601068&sid=aFm80TAo6kGw&refer=economies

The falling dollar isn't cause for alarm, according to David Rosenberg, chief North American economist at Merrill Lynch & Co. in New York.

 

[HAILSTORM]

OK History buffs, is this true?

``The dollar is no lower today than it was in 1997,'' Rosenberg wrote in a Nov. 2 research note. ``We don't remember that being a particular Armageddon-type time period.''
http://www.bloomberg.com/apps/news?pid=20601068&sid=aFm80TAo6kGw&refer=economies

The falling dollar isn't cause for alarm, according to David Rosenberg, chief North American economist at Merrill Lynch & Co. in New York.

If that was true, the Canadian Dollar wouldn't be worth more than ours!

 

[DCguy]

In 1997, I remember $1k canadian was worth only $600 US.

 

[DCguy]

and Mcdonalds cheeseburger was only $.30

 

[Jethro]

If that was true, the Canadian Dollar wouldn't be worth more than ours!

and Mcdonalds cheeseburger was only $.30

LOL
So much for chief North American economists.

 

[350zCommTech]

Currently up 24 cents.

 

[fabijo]

OK History buffs, is this true?

``The dollar is no lower today than it was in 1997,'' Rosenberg wrote in a Nov. 2 research note. ``We don't remember that being a particular Armageddon-type time period.''
http://www.bloomberg.com/apps/news?pid=20601068&sid=aFm80TAo6kGw&refer=economies

The falling dollar isn't cause for alarm, according to David Rosenberg, chief North American economist at Merrill Lynch & Co. in New York.

He is right if you consider the dollar averaged against all currencies. But if you look at the dollar against major currencies, we are a good deal lower.

Here are the weighted dollar index values (against major currencies) for the past few days:

31-OCT-07 72.6281
1-NOV-07 72.6561
2-NOV-07 72.2171
5-NOV-07 72.1612

Here are the weighted dollar index values (against major currencies) for the lowest days in 1997:

2-JAN-97 88.7042
3-JAN-97 89.2399
6-JAN-97 89.1699
7-JAN-97 88.7306

I got the numbers here:
http://www.federalreserve.gov/releases/h10/summary/indexn96_b.txt

You can find more ways to look at the dollar here:
http://www.federalreserve.gov/releases/h10/summary/

 

[Jethro]

You can find more ways to look at the dollar...

Wow, thanks fabijo nice to know someone has their glasses on strait.

 

[350zCommTech]

Up 18 cents.

 

[Griffin]

Are we into an FV yet?

PS - EAFE .77%

 

[350zCommTech]

Are we into an FV yet?

PS - EAFE .77%

Oh YEah....

 

[350zCommTech]

I funders, this is your lucky day...

 

[Show-me]

 

[DCguy]

sorry for asking a noob question here. If my money goes into tsp today, will it buy an I share at today's price, tomorrow's price or yesterday's price?

 

[350zCommTech]

sorry for asking a noob question here. If my money goes into tsp today, will it buy an I share at today's price, tomorrow's price or yesterday's price?

Tonight's price after 6:00pm central.

 

[Show-me]

sorry for asking a noob question here. If my money goes into tsp today, will it buy an I share at today's price, tomorrow's price or yesterday's price?

Todays closing price.

 

[tspgo_com]

I funders, this is your lucky day...

Does this sounds right to you?

http://www.tsptalk.com/mb/showpost.php?p=129875&postcount=11

Thanks

 

[350zCommTech]

Does this sounds right to you?

http://www.tsptalk.com/mb/showpost.php?p=129875&postcount=11

Thanks

Just using my eyeball, it could be more than that.

 

[tspgo_com]

Last I-Fund Share Price ==>> 25.44
Today % Change ==>> 0.77%
Current Share Price ==>> 25.64
FV Correction ==>>
Today FV (+ or -) ==>> 0.24
Today Expected I-Frund Share Price ==>> 25.88
Total Change ==>> 0.44

Final answer?