350Z's I fund thread OCT 07

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Japan now off
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5.85 (-1.78%)


I think today is the big "flush". If we can get through today, we'll be in a much better place to rebound from.
 
And now Europe opens this morning- in the red across the board.

FSTE now showing down
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18.50 (-0.28%) in the first seven minutes of trading.


Looks like Japan has come back just a tad. But it will take some time to see if Europe is going to pause and bottom here, or keep going down.
 
Bank of England votes to hold interest rates steady--

Market reacts positively.

FSTE rebounds and turns green , now up 9 points.
 
lost $.35 per share yeasterday....

Mon 15/Oct 07 = For => Tue, Oct 16, 07 ==> Pointing to: I
Tue 16/Oct 07 = For => Wed, Oct 17, 07 ==> Pointing to: I
Wed 17/Oct 07 = For => Thu, Oct 18, 07 ==> Pointing to: F/S
Thu 18/Oct 07 = For => Fri, Oct 19, 07 ==> Pointing to: I
Fri 19/Oct 07 = For => Mon, Oct 22, 07 ==> Pointing to: F/I
Mon 22/Oct 07 = For => Tue, Oct 23, 07 ==> Pointing to: F/C​
 
lost $.35 per share yeasterday....

Mon 15/Oct 07 = For => Tue, Oct 16, 07 ==> Pointing to: I
Tue 16/Oct 07 = For => Wed, Oct 17, 07 ==> Pointing to: I
Wed 17/Oct 07 = For => Thu, Oct 18, 07 ==> Pointing to: F/S
Thu 18/Oct 07 = For => Fri, Oct 19, 07 ==> Pointing to: I
Fri 19/Oct 07 = For => Mon, Oct 22, 07 ==> Pointing to: F/I
Mon 22/Oct 07 = For => Tue, Oct 23, 07 ==> Pointing to: F/C​

Nothing to worry about. We will get them back today. There is room for more as Japan will react tomorrow. Let's hold I for a couple of more days.

Best wishes to all!
 
I'm staying in the I fund for a least two days counting today. OSM's should go off starting tonight.

I know Japan is oversold and they should bounce big, but I'm not so sure about staying in the I fund. So far today, this looks like a dead cat to me, since most of the gains are in tech. Also,with the Dow at under 50, if we get a broad based rally in the afternoon(Fed beige book), we could easily get a +FV.
 
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