I-Fund Forcast

[BULLonPARADE]

Anyone care to elaborate their views on the current trend of foreign currencies reference the dollar in the projected down turn in US markets?

 

[BULLonPARADE]

Ohhh-kay, I guess everyone else is as clear on the outlook as I am.

 

[XL-entLady]

I think you got it in one!

Lady

 

[DCguy]

$'s still pretty strong and will continue to strengthen till the US stock market becomes bullish. $ seems to move in the opposite direction of the market. I expect the I fund to skyrocket later this year or next year. If you buy and hold some euros this year, you will make some great profit.

 

[JTH]

Anyone care to elaborate their views on the current trend of foreign currencies reference the dollar in the projected down turn in US markets?

The I fund is a tricky beast, so you might not get the answer you want. The truth is very few folks on this forum are I-fund experts. When you consider tracking the dollar and overseas markets, it takes a special dedication most of us don't have.

The I-fund is a great Bull market tool, but you have to be more agile and on top of current events to play it in a Bear Market.

Good luck

 

[Silverbird]

Well...sadly, currencies do not always follow industry trends. This is expecially true of our friend, the US $, since it is both "the safe haven currency" AND "who knows if it's safe with the U.S. financial system in such a total mess!". This affects us because we invest using $. Plus, there's the business climate, but that's not so wonderful anywhere right now. Riding the I train I think has too much Ouji board and tarot card action right now, but that may just be me - this bird doesn't fly into the fog unless she has to cause you can't tell about that light at the end of the tunnel in fog (how far to it, and is it a train??).

 

[Frixxxx]

Well...sadly, currencies do not always follow industry trends. This is expecially true of our friend, the US $, since it is both "the safe haven currency" AND "who knows if it's safe with the U.S. financial system in such a total mess!".

How wise Silverbird, The Dollar index is used against the I Fund and is it's own entity. Good luck with that and the I-fund FV.

I run currencies and their trends, though nicely aligned with some market indicators, tend to get wild. I gave up on the stock market to the point of my matching only. I get more pleasure from currency trading.

Remember, currency = value, so in an OVERBOUGHT market, currency may look unfavorably and be less valuable.

Anyway, have a great day.

 

[Bullitt]

I'm no more bullish the I Fund than the C or S, but I believe Japan will outperform Europe over the next 52 weeks.

Anyway, good news here from Ireland for all the I Fund Uber-Bulls out there. Ireland to buy toxic assets:

Faced with the near Icelandic state of its banks, the Irish government is planning on going long the real estate market to the tune of €54bn to help get credit flowing again. The newly created National Asset Management Agency will receive a 30% discount on the €77bn loan portfolio coming off bank balance sheets and then call for nationwide prayer to help property prices rise the 10% over 10 years required for the government to break even. If there was ever a time for the luck of the Irish to come through, this is it.

http://dealbreaker.com/2009/09/original-tarp-plan-enactedin-i.php

 

[Corvette]

I'm no more bullish the I Fund than the C or S, but I believe Japan will outperform Europe over the next 52 weeks.]

I think the dollar will go lower than the current 12 month lows. It might be a good time to sell then. It looks like nothing is going to stop the dollar slide right now.