Playing the I fund

[Show-me]

Four cents.........better off than I expected.

By Kevin Plumberg

NEW YORK, Aug 10 (Reuters) - The dollar rose on Thursday as dealers who had bet against the U.S. currency in the wake of the Federal Reserve's decision earlier in the week to hold interest rates steady liquidated their positions.

http://tinyurl.com/pdm7x

 

[ebbnflow]

Why do I get the feeling we're about to take a big drop the next couple of days? :worried:

 

[MarkB]

British Petroleum has the largest holdings in the Morgan Stanley Capital International EAFE stock index.
I wonder what reaction the stock index will take with the Alaska Pipeline problem

 

[Birchtree]

Don't worry - they surely have insurance. Things happen.

 

[SkyPilot]

I hope things go well today...

As of right now, the NIKKEI and AORD both down a skosh overnight, the USD appears to be flat, and the US futures are mixed but staying near yesterdays close. So no momentum either way, except to say after yesterday's news (terrorist plot to blow things up) we faired pretty well, so that in itself may reflect some positive momentum.

Going to G fund for a few days as I will be out of town to attend training, so I will park for a while. No doubt the I fund will take off like a rocket!

Take care of the board while I'm gone.

 

[Show-me]

Going to G fund for a few days as I will be out of town to attend training, so I will park for a while. No doubt the I fund will take off like a rocket!

Take care of the board while I'm gone.

Hey,

Safe trip and I'll be hanging out in the I fund for a few more days.

 

[airlift]

Sky and Show-me,You have a good trip Sky. I probably will move 80% to G and keep 20% in I, because I acquired these significantly lower. Reducing the risk. I will change my mind if necessary at moment though

 

[Show-me]

I think that I may stay awhile. I need to cut down on my IFT's and the EFA chart looks strong and the USD is coming into a seasonally weak time. Middle of August is stronger than the beginning and end. Also no rate hike while all of the other Central Banks are raising rates is bad for the Dollar.

http://tinyurl.com/epd96

 

[SkyPilot]

Good thoughts, I may leave a bit (or all) in the I fund. Or, I may take out a loan and go to Vegas on my way back . I am too unpredictable for myself...

 

[ayla]

Been trying to learn a bit about technical analysis and have been studying "positive divergence". Looks like the I-Fund is still in the "positive divergence" range though it could be coming out of it. Doesn't look too bad, though.

The Japanese NIKKEI 300 looks like it has more positive divergence. If I understand it right, positive divergence "can sometimes" be a "buy signal" (barring bad news, etc.). I think the Japanese NIKKEI is second in the list of what makes up the I-Fund.

UK is first in the list (at least the latest one I've seen) and FTSE doesn't show positive divergence today - slightly negative. Oh well. 2 out of 3 isn't too bad.

I'm still on the fence on this one.

 

[Gilligan]

My guess is that the EAFE will be down 0.16% in Local Currency, the dollar is trading higher again today by about 0.6%? So -0.76% is my guess.

 

[FundSurfer]

My guess is that the EAFE will be down 0.16% in Local Currency, the dollar is trading higher again today by about 0.6%? So -0.76% is my guess.

I have the dollar at about +0.2%. I try to look at where I think they used the dollar from yesterday. I don't think it is necessarily the 4:00 pm price.

I use INO US Dollar Index Chart ..

 

[recliner]

wow! I'm in C, S, and I. No steaks tonight. Pot pies.

 

[Gilligan]

EAFE shows -0.09% in LC and -0.188% in USD so the I fund should end up at $19.48
I thought the dollar is trading higher than that.

 

[Gilligan]

I have the dollar at about +0.2%. I try to look at where I think they used the dollar from yesterday. I don't think it is necessarily the 4:00 pm price.

I use INO US Dollar Index Chart ..

Are you using the 12pm price?

 

[FundSurfer]

Are you using the 12pm price?

How about this as an answer... It depends...

If the dollar takes off or dives, I use closer to 4 pm. If it is fairly steady I look at the 2-3 pm range. It is still just a guesstimate.

 

[frokker]

$19.49

 

[Birchtree]

It's still better than the previous low at $17.73. $20.95 is probably not that far into the future.

 

[frokker]

$20.95 is probably not that far into the future.

Man I hope so! What crystal ball are you looking into?

 

[Gilligan]

It's still better than the previous low at $17.73. $20.95 is probably not that far into the future.

$20.95? Birchtree, I thought you were a permabull? I'm looking for $25.00