I fund for September 08

[Corvette]

EAFE estimate up +$0.5400
minus FV Friday (previous) of -$0.2463 = +$0.2937

dollar down 1.10% = 79.06

 

[350zCommTech]

EAFE estimate up +$0.5400
minus FV Friday (previous) of -$0.2463 = +$0.2937

dollar down 1.10% = 79.06

Thank you! You're doing a great job.

 

[Corvette]

EAFE final up +$0.5482
minus FV Friday (previous) of -$0.2463 = +$0.3019

dollar down 1.21% = 78.97

 

[DoughBoy]

Corvette,
I check your estimates thru-out the day. Thank you! You are appreciated!

 

[Corvette]

Corvette,
I check your estimates thru-out the day. Thank you! You are appreciated!

anytime.

It helps all of us.

 

[Corvette]

EAFE final up +$0.5482
minus FV Friday (previous) of -$0.2463 = +$0.3019
minus mystery money or rounding down of -$0.0050 = +$0.2969 final

 

[ATCJeff]

Production cut will not matter. It's the dollar rise that will send oil under a $100/bbl very soon!

Oil below $100.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aGnnF4oa2atE&refer=home

 

[350zCommTech]

USD/YEN down 2.5% already!

Oh my G............:worried:

Yen carry trade going NUCLEAR.....

I don't recall ever seeing this big of a move so early.

Everybody must be preparing for LEH's BK.

 

[350zCommTech]

bank of america,
merrill lynch
in merger talks

by matthew karnitschnig, susanne craig and dennis k. Berman
september 14, 2008 4:08 p.m.

bank of america and merrill lynch & co. Inc. Are in merger discussions, according to people familiar with the matter.

The talks come amid a wall street scramble to sort out a potential liquidation of lehman brothers holdings inc.
Bank of america had considered buying lehman, but when those talks failed to result in a deal, bofa turned its attention to merrill, which is considered a better fit for the bank.

Much remains uncertain and conditions were fluid.http://online.wsj.com/article/sb122142278543033525.html?mod=hps_us_whats_news

LoL!!!

MER.....BAC.... LoL!!!

 

[Rustynutt]

If it wasn't for the existing, and likely future -fv's next week, I'd like to snag a position in the I fund, maybe for the rest of the year. Been waiting for the $18.50 mark, could easily hit that, but don't want any FV built into the cost. Something you (350Z) use to include in your estimates was where the fund was with respect to the FV numbers (think you used the term "even"). That seems like the game now, I fund is a bargain, but trying to get the planets in line with regards to the FV is difficult . I have all my trades left for this month. Don't mind a bit of a primium due to fund entry point, but hate the FV valuation....

Still a noobie after a year

Something big is about to occur, that's for sure.

 

[350zCommTech]

If it wasn't for the existing, and likely future -fv's next week, I'd like to snag a position in the I fund, maybe for the rest of the year. Been waiting for the $18.50 mark, could easily hit that, but don't want any FV built into the cost. Something you (350Z) use to include in your estimates was where the fund was with respect to the FV numbers (think you used the term "even"). That seems like the game now, I fund is a bargain, but trying to get the planets in line with regards to the FV is difficult . I have all my trades left for this month. Don't mind a bit of a primium due to fund entry point, but hate the FV valuation....

Still a noobie after a year

Something big is about to occur, that's for sure.

I'm out of trades for this month, unfortunately.

I can certainly see a FV play for tomorrow, and Japan is closed tonight.

Since the market in general is not oversold yet, I'm not ready to go long the I fund.

 

[Rustynutt]

The I is a bit tall for me ATM, but Mon-Tues could unwind that quickly Just want to be ready.

Thanks!

 

[Rustynutt]

So much for trying to maintain a positive outlook. After watching the San Diego Denver game, I’m convinced that fraud, thieves and crooks are still very well imbedded in American society. Everyone is on the take. So much for my market sentiment

 

[350zCommTech]

With the dollar down roughly 1.5% and Japan closed, the pain in the I fund might not be as bad compared to the C or S.

 

[Corvette]

DOW futures are down 333 points and S@P futures are down 45 points for Monday. Lehman will probably file for bankruptcy.


I funders should not feel as much pain since the dollar is down 1.41%. Japan is closed on Monday for Old Folks Day.

It is going to be a wild ride this week. :blink:

 

[Corvette]

Nikkei closed 0.00%
AORD down 1.66% :worried:

FV for Monday (previous)= $+0.0000

dollar down .77% = 78.32

 

[Corvette]

early estimate EAFE down -$0.2270
plus FV Monday (previous) of +$0.0000 = -$0.2270

dollar down .76% = 78.33

 

[Corvette]

With the dollar down roughly 1.5% and Japan closed, the pain in the I fund might not be as bad compared to the C or S.

Our thinking is pretty close.

I did not see your note till after I wrote mine.:blink:

We might get a -FV to even out the pain.

 

[Corvette]

early estimate EAFE down -$0.4159
plus FV Monday (previous) of +$0.0000 = -$0.4159

dollar down .37% = 78.64

 

[350zCommTech]

Our thinking is pretty close.

I did not see your note till after I wrote mine.:blink:

We might get a -FV to even out the pain.

Great minds think alike.


Looks like the dollar recovered once the Europeans opened. This tells me traders think things are as bad or worst over there.