350Z's I Fund Thread - Sept. 07

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G 12.12 even
F 11.57 +.01 +0.09%
C 16.56 -.08 -0.48%
S 19.74 -.17 -0.85%
I 23.56 -.27 -1.13%

That's all folks! Hope we're on the right side of the fence for tomorrow (FOMC). :)
 
I played it safe and stayed put in the G Fund, could go North or South. I'm waiting to see how Japan opens in about 15 mins.
Good Luck to everybody
Scott
 
OUCH!:eek:

^N225Nikkei 225 (Japan)15,977.86 1:12am
down_r.gif
-149.56 (-0.93%)
 
lookin pretty rough.

Went all "I" COB today.....should of went less heavy until this played out.
 
... with high volatility it doesn't really matter what happens pre FOMC... ummm, unless we drop 2% pre-FOMC and then another 4% post FOMC. Seriously though, aside from whether we get .25 of .50 basis pts, Bernanke could have text to calm and at least stabilize the markets. Everyone is saying sell the news or a bull rally... what about markets ending up still on the fence +/- 1%?
 
Well, like anything, it's possible for the market not to move, but I highly doubt it. I'm solidly in the camp expecting either euphoria or sell the news.
 
12%ayear said:
OK, watch the FTSE tomorrow. Look for bargian hunters scoop up banks shares. CAC and DAX also oversold. IMO, we are heading into a recession and the FED cannot stop it. We are in the early stages of the set-up. Still more gains to come, but looking for some serious pullback 2008. Remember real estate sales are very bad and now we have the winter coming. The inventory will truly build up. Oil heating season is also here and oil prices are creeping higher. http://www.247wallst.com/2007/09/t-boone-pickens.html When you have Alan Greenspan defending himself, you know it coming.....Everyone who says everything is ok are nuts.
Click to expand...

I agree with all of this, 12%. Ironically, now is when my wife and I are looking to buy a house (Rockville, MD area). We're finding that we basically have the market all to ourselves; open house showings are very sparsely attended, and agents are being very aggressive in trying to land us as clients.

The thing is, I don't think tightened credit standards are entirely to blame. I believe a lot of people are sitting things out on the theory that housing prices are going to fall. They may, indeed, be right, but we're planning on buying for the long-term anyway, and with so few buyers it's actually kind of advantageous to house-hunt right now. Both sellers and banks are offering some good deals to try to attract buyers, and interest rates are still not terribly high.

Who knows how this will all play out for the I-fund, though? I'm following Ebb's system fairly closely, but I think it's fair to say that we're in non-standard times right now.
 
We have to keep in mind that this whole thing will not mean anything in 10 or 15 years...on the contrary....you will buy cheap in the short term. Key being ...what year do we retire? We can capitalize if we time this storm correctly.
 
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