350Z's I fund thread OCT 07

[charmed855]

Griffin, what did you say to him - after all you knew how delicate he was. Ah, that ones a fighter , he'll return with fire and brimstone.

He'll be back - he threatens this once per quarter. He's online now, so he's probably getting his rocks off on the added attention.

 

[ATCJeff]

Asia off to a good start.

http://finance.yahoo.com/q/cq?s=^N300,^N225,^AORD,^HSI,^STI,^NZ50

 

[James48843]

Wow- nice start in Japan.

Now up +2.27% off the start.

Go Japan Go!

 

[Corvette]

Wow- nice start in Japan.

Now up +2.27% off the start.

Go Japan Go!

Are you looking at the AORD?

 

[NyteTracker]

Aussie, Nikkei, Metals, Oil, Dollar; Lookin good for 350z and I'fers
http://finance.yahoo.com/q/cq?s=^AORD,^N225,^N300,DX-Y.NYB&d=v1
http://kitconet.com/
http://www.bloomberg.com/energy/

 

[James48843]

Are you looking at the AORD?

No- Nikkei 300- that's the Japan part of the I fund-


Now showing up +2.53% as of 1:39 a.m. eastern.

 

[NyteTracker]

Major I fund stocks currently trading:
BHP: 3.37%
http://stocks.us.reuters.com/stocks/overview.asp?symbol=BHP.AX
Toyota: 4.01%
http://stocks.us.reuters.com/stocks/overview.asp?symbol=7203.T
Mitsu: 5.37%
http://stocks.us.reuters.com/stocks/overview.asp?symbol=8306.T
Mizuh: 4.96%
http://stocks.us.reuters.com/stocks/overview.asp?symbol=8411.T
Sumitomo: 7.63% :blink:
http://stocks.us.reuters.com/stocks/overview.asp?symbol=8316.T
Takeda: 0.75%
http://stocks.us.reuters.com/stocks/overview.asp?symbol=4502.T
Honda: 3.71%
http://stocks.us.reuters.com/stocks/overview.asp?symbol=7267.T
Canon: 3.15%
http://stocks.us.reuters.com/stocks/overview.asp?symbol=7267.T

 

[Corvette]

No- Nikkei 300- that's the Japan part of the I fund-


Now showing up +2.53% as of 1:39 a.m. eastern.

The I-fund does not use an index fund such as the Nikkei 300.

 

[James48843]

The I-fund does not use an index fund such as the Nikkei 300.

Well, true. It does not use the Nikkei 300 as an actual vehicle to trade.

Instead, the "I" fund tries to reflect the Morgan Stanley EFA fund, which is composed of a number of stocks. As of the end of September, there were 830 stocks worldwide in the EFA, which make up the target of the "I" fund.

The Japan componet of the EFA is more than just what is in the Nikkei 225, historically it looks more like a reflection of the Nikkei 300.

Here is the actual component list of the Morgan Stanley EFA, as of the end of September:

http://www.ishares.com/fund_info/holdings/holdings.jhtml?period=m&symbol=EFA


Japan stocks make up about 22% of the "I" fund's value.

As noted by a poster above, the price this morning of many of those stocks is ABOVE the overall price increase in the Nikkei 225 and AORD, in fact it's darn close to the value of the Nikkei 300. So we use the Nikkei 300 as a compent in calculating what the "I" is going to do.

When over 22% of your portfolio is up over 2.25% in a single trading session, that is a good way to start the day. Now we have to wait and see what the Europeans will kick in this morning to the mix.

 

[James48843]

Oil at $93 a barrel.

BP will like that.

 

[marco59]

FTSE up 1.89%

 

[weatherweenie]

Bloomberg quote: +1.219%

 

[Robo5555]

Another good start!!!

 

[Griffin]

I think there's something screwy going on with yahoo and the FTSE. Yahoo, is the only site I seen giving it an almost 2% gain. It closed Friday at 6661, yahoo is showing Friday's close in the 6576.

The BBC has it up about .74% and so does CNN and Reuters - which means the auto calculators that rely on yahoo are going to give a false reading. Also, there is a 17 cent FVC to contend with.

FTSE up 1.89%

 

[James48843]

A postive .38 cents, minus the .17 cent FV from friday, leaves us with a postive .21 cents at the moment.

(Can someone please confirm- was Friday's FV 17 cents?)

Wil check on the FTSE problem with Yahoo....please stand by...

 

[James48843]

Yahoo is showing as follows for FSTE:

Index Value:6,695.90Trade Time:9:14AM ETChange:

119.60 (1.82%)Prev Close:6,576.30Open:6,661.30Day's Range:6661.30 - 6726.90

==========================

Its' showing that Friday's close was 6,576.30, but opened today at 6,661.30.

Let me check a couple other sources and see what they say the Friday close was.

 

[350zCommTech]

A postive .38 cents, minus the .17 cent FV from friday, leaves us with a postive .21 cents at the moment.

(Can someone please confirm- was Friday's FV 17 cents?)

Wil check on the FTSE problem with Yahoo....please stand by...

Up 11 cents.

Friday's FV was 16 cents. FTSE and ORDS are screwed up.

 

[Griffin]

I didn't even notice that Australia was off - thanks for the info. Much appreciated.

Up 11 cents.

Friday's FV was 16 cents. FTSE and ORDS are screwed up.

 

[James48843]

Financial times says friday's close for FTSE was 6,661, not Yahoo's 6,576.

Yes, Houston, we have a problem today with the numbers.

 

[Frixxxx]

Sorry, for the mix up on Friday, it was a $.16 +FV. Numbers were a little off. I think that we got a good week ahead of us. I will not, REPEAT, will not go to the G fund for a penny. I refuse. At least until next week, hope no one is floating any in the "F" fund.

By the way, I KNOW I am going to win the "C" note (office pool) these week. Now to contemplate November numbers.