I fund for October 2008

now that's what I call a FV!!!! with the G7 (or is it G8?) probably giving the Asian markets some fuel... the TSP closed 'til Tuesday...

geez!!! Hope your calculators are nuclear powered Corvette...

have a great 3 day weekend.

Thanks again for all you do.
 
EAFE final down -$1.1957
plus FV Friday (previous) of +$0.6871 = -$0.5086
minus FV Friday of -$0.1112 = -$0.6198 final :worried:
 
early EAFE estimate up +$0.5726
plus FV Tuesday (previous) of +$0.1112 = +$0.6838


dollar down 1.26% = 81.43
 
CAC, DAX, FSTE all up around 5% this morning.

Finally, looks like at a minimum we'll get a bounce up for once.
 
EAFE estimate up +$0.7382
plus FV Tuesday (previous) of +$0.1112 = +$0.8494

dollar down 1.45% = 81.28
 
EAFE estimate up +$0.9913
plus FV Tuesday (previous) of +$0.1112 = +$1.1025

dollar down 0.61% = 81.93
 
Note:

Japan trading halted.

It was up 6% within the first seven minutes of trading, and a circuit breaker kicked in to suspend trading.

I think it should resume after a pause yet today.
 
Looks like it may have just halted a second time.

Nikkei now up
up_g.gif
1,028.75 (+12.43%)

and it looks frozen there. They may have halted a second time.
 
Yep- leveling off now. Only up 12.36% now.

Attention all you I fund holders.

Tomorrow will be the most expensive day for trading in the history of the "I" fund. Here is why.

We went through a 3-day weekend, and a gazillion people must have placed I fund orders on friday.

If more placed "BUY" than "SELL" orders on friday, then today's market action will have shocked the TSP system.

And then we had today. With the huge reversal, I would bet that a lot of people placed either buy or sell orders today.

Remember, the TSP is CLOSED today. So they are not giving out share values today. They won't give values to shares until tomorrow night at 7 pm.

And with this much swing, Barclays, who IS NOT CLOSED, will be able to determine share value of a HUGE amount of shares, at the close of business tomorrow.

Either they will screw it up big time, and we'll see a huge FV being assigned to make up the difference tomorrow, OR

Barclays will be able to use the day for their own purposes, will give a minimal FV value to it, and pocket the remainder in their I fund slush fund.

Interesting.

Keep track, and let's see how they deal with it tomorrow.

Today, I SHOULD have been up, according to Corvett's numbers $1.17, plus dollar's rise, makes it +.81 cents.

We'll see how they handled it after we get results tomorrow night.
 
Back
Top