Playing the I fund

Me too! Maybe this IS the profit taking going on and will set us up for another rally tomorrow (much wishful thinking_. :nuts:
 
Let's hope for a rally soon. At least, let's hope the dollar continues in its downtrend so that when all things are considered by Barclays the FV comes out in our favor and we can reduce the losses.
 
Okay, so the FV took it all away today. Will we see them add it back in tomorrow? T

The AORD and NIKKEI are down a tad tonight, but it appears that the USD is down about .5% as well.

Thursday may be a mixed bag, huh? Hoping that we get a bouncy, springy back kinda thing.
 
Wow, that was quite the FV, .916%. If the overseas go up tommorrow you'll get it back. If they go down, you've already paid the piper a good chunk. If you bailed out today, well... you took one for the gipper.
 
As of right now, the AORD and the NIKKEI are slightly down and the USD is slightly up. However the DAX, FTSE and CAC appear to be slipping with some momentum. I expect that the I fund will lose a little bit today without a substantial rally to offset this early going.

If we get back some of yesterday's FV, it could work to balance this out somewhat. If one is in, today maybe the wrong day to IFT out as Friday may offer those on the sidelines a buying opportunity, ultimately pushing the I fund higher by weeks end. If I am in Friday morning, I will likely be out by Friday night and see what the new week brings.

It seems there is a lot of discussion regarding the real possibility that the FED may now need to start rate cutting to stave off or moderate a possible recession. If things are not too bad and don't bruise the US markets to deeply, (thus dragging down the EAFE) this may be one of those times where the I fund (and F?) will prosper as the USD will be subject to declining value.

Just a little insomnia speaking now...
 
Just turned on the news. Now I understand what happened to the DAX, FTSE and CAC i.e., Heathrow terrorist bomb plot. However, the plot was thwarted, and the bad guys are on the run. Many analysts are already discussing how resiliant the market will be after everyone gets going today, not to say the markets will make any gains, but will not likely tank as one might expect had the plot not been foiled. One revealing comment was that the USD is not the predominant "safe haven" currency that it once was, so it may not get a substantial or signifcant bump on this event.

Stay tuned...
 
SkyPilot said:
Just turned on the news. Now I understand what happened to the DAX, FTSE and CAC i.e., Heathrow terrorist bomb plot. However, the plot was thwarted, and the bad guys are on the run. Many analysts are already discussing how resiliant the market will be after everyone gets going today, not to say the markets will make any gains, but will not likely tank as one might expect had the plot not been foiled. One revealing comment was that the USD is not the predominant "safe haven" currency that it once was, so it may not get a substantial or signifcant bump on this event.

Stay tuned...
We must be thankful that the plot was thwarted without any loss of life! Let's hope there are no loose cannons trying to carry out another attempt. Perhaps we will get a relief rally in the next couple of days. Prior to these events, I had planned to take some off the table today, as per your prior reasoning. But now, I will wait until Friday to see if the rally occurs. .
 
The economic numbers came out at 8:30 Eastern Time. The numbers show a widening of the U.S. trade deficit to a larger than expected -$64.8 bln. (consensus -$64.5), and the initial jobless claim rose 7K to 319K (consensus 315K). Are these numbers considered a significant contributing factor that might precipitate a further decline of the dollar?
 
Sponsor,

The numbers seem to be a further indication of a slowing economy which might help the Fed to justify continued rate pause or even a cut. That would typically weaken the USD, which should add support to the I fund over time.
 
sponsor said:
The economic numbers came out at 8:30 Eastern Time. The numbers show a widening of the U.S. trade deficit to a larger than expected -$64.8 bln. (consensus -$64.5), and the initial jobless claim rose 7K to 319K (consensus 315K). Are these numbers considered a significant contributing factor that might precipitate a further decline of the dollar?

Where is this coming from???
----------------------------------------
Trade gap down slightly
Imports outstrip exports by $64.8B in June, down from revised May number.
August 10 2006: 9:10 AM EDT

NEW YORK (CNNMoney.com) -- The U.S. trade gap narrowed slightly in June, according to a government report Thursday.


http://money.cnn.com/2006/08/10/news/economy/trade/index.htm
 
SkyPilot said:
Sponsor,

The numbers seem to be a further indication of a slowing economy which might help the Fed to justify continued rate pause or even a cut. That would typically weaken the USD, which should add support to the I fund over time.
Sky, Just some tidbits, a trader on Bloomberg T.V. (Harry) opines that if we don't get a relief rally that exceeds (and holds) 1276 on the SP500, traders could well continue to sell... which, in his opinion, the market was going to do anyway. I don't know how pervasive his opinion reflects a consensus in Wall Streewt, but just keep it in mind. Remember that the I-Fund tends to drop percentage-wise more that the SP500 (or C-Fund)
 
sponsor said:
Sky, Just some tidbits, a trader on Bloomberg T.V. (Harry) opines that if we don't get a relief rally that exceeds (and holds) 1276 on the SP500, traders could well continue to sell...

Did he mean TODAY????
 
Pilgrim said:
Did he mean TODAY????
I understand that he was refering to today, because when Bloomberg T.V. interviews traders each day, they usually give their opinion for the day. I don't think panic is the order, but you have to be aware that a correction could continue, and the trend still is for the I-Fund to perform better the rest of this year. Perhaps some % should be re-allocated to the G, and/or C-Fund if a rally ensues today or tomorrow.
 
Pilgrim said:
Where is this coming from???
----------------------------------------
Trade gap down slightly
Imports outstrip exports by $64.8B in June, down from revised May number.
August 10 2006: 9:10 AM EDT

NEW YORK (CNNMoney.com) -- The U.S. trade gap narrowed slightly in June, according to a government report Thursday.


http://money.cnn.com/2006/08/10/news/economy/trade/index.htm
Pilgrim, I am copying from YAHOO.comhttp://biz.yahoo.com/c/e.html
 
This is posing a problem for me. They owe me .18. I want it. If I dont get it today and move out this morning then I'm throwing 18 cents a share away. This I dont like. I think I will have to stay in and move tomorrow instead. Plus I think once the liquid soap terrorist plot is smoothed out today there will be a small rally tomorrow. People will have the re-assurance that the world is on top of things and that its not so easy to get away with it on a large, coordinated basis.
 
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