350Z's I Fund Thread - Sept. 07

[fedgolfer]

... not as confident as 12% on the the beige book reactions. It will be more comprehensive than the last set of minutes, all the recent data has shown the Fed really doesn't need to cut. This may spook the markets. Plus, the markets have already shown resiliency w/out a Fed Funds rate cut, the beige book may have language in it that may say they have other tools they can use before cutting fed funds rate, i.e liquidity injection & discount rate. They will want to keep the markets guessing until the big day.

 

[Robo5555]

Anyone jumping in today???

 

[350zCommTech]

Reminder:

BOE and ECB meets tomorrow. I expect them to hold. Since the dollar is down today, it could go up tomorrow when they hold.

The other news tomorrow is chain store sales. Bad reports and the sell-off continues.

 

[Robo5555]

Thanks for your input 350....just trying to get a touchy feely for Thrusday.

 

[huntva]

The pending real estate sales number was pretty bad. In my zip code, after a strong July, sales have plummeted in August, and that does capture the pending number. To see how sales are doing in your neck of the woods, go to https://www.melissadata.com/lists/ezlists/ezhomeowners.aspx. It is a free service.

The pending sales number is definitely helping the F Fund. Thanks Ebby!

RS

 

[huntva]

meant to say 'does not capture pending sales number.'

 

[ChemEng]

Anyone jumping in today???

Im tempted to jump, but also reminded that its September. September is the breaker of plans. Im staying out.

 

[350zCommTech]

down 1.067% or -26 cents, minus 13 cents +FVC = -39 cents.

 

[BigJohn]

I thought about jumping it...but backed off. I have nothing to base the following on except it is just what I think...I don't think we get a rate cut, I think all the bad news has been factored in and for the most part has been weathered pretty well. The problem is that everyone "thinks" we are going to get a rate cut...and its September...all the more reason to sit on the Lily pad until something more definitive shakes out...

 

[Fireant]

I'm with you Big John... gonna sit on the lily pad and wait... DA FIREANT

 

[qibovin]

I thought about jumping it...but backed off. I have nothing to base the following on except it is just what I think...I don't think we get a rate cut, I think all the bad news has been factored in and for the most part has been weathered pretty well. The problem is that everyone "thinks" we are going to get a rate cut...and its September...all the more reason to sit on the Lily pad until something more definitive shakes out...

It seems to me that more people "think" we won't get a rate cut because "everyone" thinks we will.:laugh:

 

[12%ayear]

I started buying QQQQs on the long end. IMO, we will see a squeeze this afternoon based on the Beige Book. Someone told me once and it's the best line..".Never count your profits/losses until the bell rings."

 

[SkyPilot]

USD fell off a cliff!

 

[12%ayear]

watch for some nice +fv ..IMO!!! setting-up nicely......

 

[GUCHI]

i'm pulling with u since i left a little on the table in the I fund.

 

[James48843]

If the beige book numbers are bad, look for a tumble.


should be out soon- here:


http://www.federalreserve.gov/FOMC/BeigeBook/2007/

 

[ebbnflow]

Final MSCI EAFE = -1.09% (+) -0.54% = -1.63% or -39 cents.

 

[weatherweenie]

Final MSCI EAFE = -1.09% (+) -0.54% = -1.63% or -39 cents.

Gonna lose just under $2000 since TSP didn't process my IFT. Not to mention, would've MADE about $300 if they had processed it.

Oh well, no use cryin over spilled milk. WAAAAAAAAAAAAAAAAAAAA.

 

[weatherweenie]

watch for some nice +fv ..IMO!!! setting-up nicely......

If you're going to dream, dream big.

 

[ebbnflow]

Gonna lose just under $2000 since TSP didn't process my IFT. Not to mention, would've MADE about $300 if they had processed it.

Oh well, no use cryin over spilled milk. WAAAAAAAAAAAAAAAAAAAA.

I feel your pain, weatherweenie. It'll all even out in the end. If it's any consolation, at least you got it in the tracker.