350Z's I fund thread OCT 07

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350zCommTech

350zCommTech

Well-known member
Thursday will be a very important day.

The ECB and BOE will announce their interest rates intentions early in the morning. I believe they will follow the US Fed and cut interest rates to help the US dollar. I'm thinking S or C fund for Thursday.
 
cool as the other side of the pillow I see...

now on to $$$... I'm thinking I need more "C"owbell as well on Thursday but how much do you see the dollar climbing... just based on prospective rate cuts from the foreign banks??
 
Minnow said:
cool as the other side of the pillow I see...

now on to $$$... I'm thinking I need more "C"owbell as well on Thursday but how much do you see the dollar climbing... just based on prospective rate cuts from the foreign banks??
Click to expand...

Yes, and it's also how much of a cut. If they cut .25% each, the dollar could jump as much as .5%, maybe more. We might be seeing hints now with the dollar rising in the last two days. This could have been an oversold bounce, but the dollar should have fallen today on the worst than expected pending home sales. I think currency traders are expecting cuts on Thursday.
 
So, the S or C (or both) could outshine the I until the end of the year and possibly beyond?
 
I fund now showing up .13 cents in overnight trading....
I'm out of the loop TDY - so can't post updates today.

p.s. to those on autotracker- please feel free to use the line for text to explaing WHY you are making the moves you are. it helps all of us if you do.
 
Seems to me that based on all the interest rate cut hoopla coming out the best bet is going to be the S fund for Thursday. 350z and Ebb agree with this. How can you go against these two titans? Whats ur opinion James? Is it a trifecta?
 
I have very limited access to the internet at work. Therefore, I would appreciate periodic posts to see how the I-Fund is doing. I am sure that many others will appreciate this and will be thankful as well.
 
airlift said:
I have very limited access to the internet at work. Therefore, I would appreciate periodic posts to see how the I-Fund is doing. I am sure that many others will appreciate this and will be thankful as well.
Click to expand...

We started the day up 13 cents...I'm sure that has dropped by now.
 
The view is still mixed on ECB and BOE, but I think they will cut. Even if they hold, the dollar should still go up. Just look at what it's doing today, despite the lower than expected ADP.
 
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