350Z's I fund thread NOV 07

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350zCommTech said:
There shouldn't have been any -FV at all. Everything finished unchanged from 10:36 central.
Click to expand...

They are probably trying to recoup from other days FV, when they had to pay out with the +FV to the people leaving the fund at the end of the day! Scary manipulation!!!:notrust:
 
Whatever - I'm a solid buyer of the I fund via DCAing at $24.00, so bring'er on down to my price over the next two weeks.
 
350zCommTech said:
There shouldn't have been any -FV at all. Everything finished unchanged from 10:36 central.
Click to expand...

350,
To me, this sounds, AGAIN, like pennies are rolling off the tables on some days, only to be swept up off the floors at some later times. Perhaps now a closer look into this may be warranted??
VR
 
hessian said:
350,
To me, this sounds, AGAIN, like pennies generally rolling off the tables during the weekdays, and bieng swept up off the floors at some later times. Yor sure, still think a closer look into this is not warranted??
VR
Click to expand...


This was not a penny or 2 that went missing. This was a full blown -21 cent FV. They did it because of the big sell-off in the last 20 minutes of trading. They're expecting a big negative reaction in OSM come Sunday night. I am too.

What bugs me is that today's market finish did not fit their stated criteria for a FV.
 
Watch Asia Sunday if the Carry Trade thing squawks again down she goes along with Japan etc, I hope not!:cool: Forex backlash!
 
nnuut said:
Watch Asia Sunday if the Carry Trade thing squawks again down she goes along with Japan etc, I hope not!:cool: Forex backlash!
Click to expand...
LET'S FACE IT... We really do not have a clue about which direction the markets are headed next week. We are playing in a game with NO RULES and a lot of "WHAT-IFs". It's buy and hold time for my whupped-ass.:notrust:
 
Ok, let's think about what is healthy in our economy and the Markets and the Dollar and inflation and and and. Let's see we have Good, ummmmm. Alright I'll get back with you on that one!!:sick:
 
350zCommTech said:
There shouldn't have been any -FV at all. Everything finished unchanged from 10:36 central.
Click to expand...

I agree.

Unfair Valuation (UV) Tally
11/06/07 I-fund 1.49% MSCI 0.77% <= UV 0.72%
11/07/07 I-fund -2.05% MSCI 0.19% <= UV -2.24%
11/08/07 I-fund 0.63% MSCI -0.97% <= UVC 1.60%

11/09/07 I-fund -2.04% MSCI -1.21% <= UV -0.83%
 
Thanks for the nice charts 350Z. I may have jumped in too soon. Looks like resistence is at 12850 could be another down day Tuesday.
 
mayday said:
Thanks for the nice charts 350Z. I may have jumped in too soon. Looks like resistence is at 12850 could be another down day Tuesday.
Click to expand...

You're welcome Mayday,

Actually, 12850 is only 190 points away. We might hit that On Monday morning. This would put the RSI in the oversold territory, and we might see a rally attempt in the afternoon if 12850 holds.

As I mentioned in my previous posts, the scary part is the strong Yen. It has approached the level where we could see a panic unwinding of the Yen carry trade. It's actually below the level set on August 17. The was the day when the Nikkei 225 fell 900+ points, and the Fed came in later that morning and saved the markets with a 50bps cut in the discount rate. If the Nikkei falls that much again on Sunday night, 12850 might not hold. As for the dollar, it's going to kick the I fund while it's down. When panic sets in as markets are being nuked around the world, traders will eventually head to the safety of the dollar causing more pain for the I fund.

If that wasn't enough, Tuesday has the potential to bring more pain. We will hear about WMT, HD, and pending home sales. Everybody knows about the bad pending home sales # and lower HD earnings, but WMT is a wild card. They have already hinted that their margins are being squeezed due to rising costs(thank you Ben). Last Friday's report of a rise in import prices confirms the trend. Here is a chart of WMT. Notice the rapidly falling 20DMA that might be headed for a cross under the 50DMA.

View attachment 2485

If we fall hard on Tuesday, we could see 12500 on the Dow and 1430 on the S&P. This would cetainly set up an oversold bounce on Wednesday or Thursday, especially with OPEX on Friday.
 
350zCommTech said:
You're welcome Mayday,

Actually, 12850 is only 190 points away. We might hit that On Monday morning. This would put the RSI in the oversold territory, and we might see a rally attempt in the afternoon if 12850 holds.

As I mentioned in my previous posts, the scary part is the strong Yen. It has approached the level where we could see a panic unwinding of the Yen carry trade. It's actually below the level set on August 17. The was the day when the Nikkei 225 fell 900+ points, and the Fed came in later that morning and saved the markets with a 50bps cut in the discount rate. If the Nikkei falls that much again on Sunday night, 12850 might not hold. As for the dollar, it's going to kick the I fund while it's down. When panic sets in as markets are being nuked around the world, traders will eventually head to the safety of the dollar causing more pain for the I fund.

If that wasn't enough, Tuesday has the potential to bring more pain. We will hear about WMT, HD, and pending home sales. Everybody knows about the bad pending home sales # and lower HD earnings, but WMT is a wild card. They have already hinted that their margins are being squeezed due to rising costs(thank you Ben). Last Friday's report of a rise in import prices confirms the trend. Here is a chart of WMT. Notice the rapidly falling 20DMA that might be headed for a cross under the 50DMA.

View attachment 2485

If we fall hard on Tuesday, we could see 12500 on the Dow and 1430 on the S&P. This would cetainly set up an oversold bounce on Wednesday or Thursday, especially with OPEX on Friday.
Click to expand...

Sounds like a game plan for next week. Monday and Tuesday are already in place for everyone. I'm 100% G. If were down both days, I will jump in on the S(100%) Wednesday and then over to the I(100%) for Thursday's follow through. Then exit for Friday(100% G). If this goes as plan, we could see a potential 5% up week. However, risk is very high right now with these market conditions.

Jeff
 
ATCJeff said:
Sounds like a game plan for next week. Monday and Tuesday are already in place for everyone. I'm 100% G. If were down both days, I will jump in on the S(100%) Wednesday and then over to the I(100%) for Thursday's follow through. Then exit for Friday(100% G). If this goes as plan, we could see a potential 5% up week. However, risk is very high right now with these market conditions.

Jeff
Click to expand...
I would guess you ar counting on a BOUNCE?:confused:
 
350zCommTech said:
You're welcome Mayday,

Actually, 12850 is only 190 points away. We might hit that On Monday morning. This would put the RSI in the oversold territory, and we might see a rally attempt in the afternoon if 12850 holds.

As I mentioned in my previous posts, the scary part is the strong Yen. It has approached the level where we could see a panic unwinding of the Yen carry trade. It's actually below the level set on August 17. The was the day when the Nikkei 225 fell 900+ points, and the Fed came in later that morning and saved the markets with a 50bps cut in the discount rate. If the Nikkei falls that much again on Sunday night, 12850 might not hold. As for the dollar, it's going to kick the I fund while it's down. When panic sets in as markets are being nuked around the world, traders will eventually head to the safety of the dollar causing more pain for the I fund.

If that wasn't enough, Tuesday has the potential to bring more pain. We will hear about WMT, HD, and pending home sales. Everybody knows about the bad pending home sales # and lower HD earnings, but WMT is a wild card. They have already hinted that their margins are being squeezed due to rising costs(thank you Ben). Last Friday's report of a rise in import prices confirms the trend. Here is a chart of WMT. Notice the rapidly falling 20DMA that might be headed for a cross under the 50DMA.

View attachment 2485

If we fall hard on Tuesday, we could see 12500 on the Dow and 1430 on the S&P. This would cetainly set up an oversold bounce on Wednesday or Thursday, especially with OPEX on Friday.
Click to expand...

I saw on a blog that in a few weeks, the market might retest the Feb-Mar low??? Is that possible???:confused:
 
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