Playing the I fund

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Down .448% = .08-.09 cents. Nice move to the I fund Sugar. I think now we see the beginning of your descent into the abyss. And there won't be an alien city at the bottom to help you either.
 
Those that are worried about the penny are to close to the game - pull back and relax, it's going to be a long four months into the future.
 
Ebbnflow, Thanks for this article. I copied it to have as a useful guideline. This helps me to follow the trend as it develops. On a different point, I'd like to share my views with you and others in order to get some feedback as to the best course of action. I was watching CNBC (Europe and Asia) early this morning between 4:00 and 6:00 AM, as I usually do every morning. It is customary for me to do so, because I am able to get the reasoning and opinions of many fine analysts. There is no doubt that the trend is for the Dollar to continue its decline. However, in the short-term, I am watching the U.S. markets with caution because many technical analysts opine that we are probably going to see the benchmark S&P500 decline perhaps to somewhere near 1260 (see also, Tom's Market Comments today). While this would be a buying opportunity to commit the rest of the G-fund into stock funds, and obtain a better entry point, I am concerned about the I-fund.I want to thank all of you who told me to hold off transferring into the I-fund yesterday. I am split on this decision, and will appreciate other opinions here. I am currently about 30% I, and 70% G. Since the I-fund still follows the U.S. markets, and we seem to be overbought, I am waiting for a further drop in order to commit more to the stock funds. I am considering seasonality factors, such as the summer dull-drums, technical factors, as well as the currency issues. I plan to let the 30% percent ride it out because I entered this at a lower price and the trend is in our favor. What do others think?
ebbnflow said:
Dollar recap for Wednesday:

Daily forex market commentary :)
Click to expand...
 
sponsor said:
I plan to let the 30% percent ride it out because I entered this at a lower price and the trend is in our favor. What do others think?
Click to expand...

I think everything you said is correct. I think the I-fund will continue to out perform the S&P and small caps. I also agree that the dollar is likely to continue to slide. However, that being said there will be ripples and bobbles. The advice I gave yesterday was very short term. The Asia markets may be read, but the Euro and UK markets have started out green. They were not phased by yesterday's sell off and that is a good sign for the US markets and the I-fund. I-fund may go higher today yet. I have seen foriegn markets drop like a rock following a day like yesterday. Yesterday afternoon we had a little upswing at the end of the day. That was another very good sign. Bottom line, I'm bullish on I-fund and may get in today. I will still try and play some short term plays. You are correct, the market could use a good pause but the I-fund may not take much pause.
 
FundSurfer, I am combining my thoughts with your fine response, and will also consider other colleagues' opinions if they want to pitch in. My main concern short-term is that usually August, September and October are some of the worst, if not the worst, months of the year. It is true that The I-fund (EAFE, EFA, etc.) might well not follow the U.S. indices in a correction. However, the behavior of the international markets has usually been to follow the direction of the U.S. markets. I am aware that some analysts believe that this will not happen again. However, other analysts are of the belief that the de-coupling of international markets and the U.S. markets has not occurred yet. I know there is a lot of theory being discussed; but in my case, knowing that it is harder to recover from a significant % percentage loss than to preserve capital for better times, the conservative road appears more persuasive. Moreover, the geopolitical issues have not been resolved. Knowing how fanaticism has worked in the past, I believe that we have to cope with the tenacity and irresponsible fashion with which IRAN has treated the issue of weapons grade uranium. Because I don't agree with them to have a right to non-peaceful nuclear development, I prefer to acknowledge the possibility that they will not abide by the U.N. resolution. I believe that, if this happens, the markets could tumble at least temporarily. If memory serves me, the U.N. is to consider sanctions on or around August 31?
FundSurfer said:
I think everything you said is correct. I think the I-fund will continue to out perform the S&P and small caps. I also agree that the dollar is likely to continue to slide. However, that being said there will be ripples and bobbles. The advice I gave yesterday was very short term. The Asia markets may be read, but the Euro and UK markets have started out green. They were not phased by yesterday's sell off and that is a good sign for the US markets and the I-fund. I-fund may go higher today yet. I have seen foriegn markets drop like a rock following a day like yesterday. Yesterday afternoon we had a little upswing at the end of the day. That was another very good sign. Bottom line, I'm bullish on I-fund and may get in today. I will still try and play some short term plays. You are correct, the market could use a good pause but the I-fund may not take much pause.
Click to expand...
 
Japan Stocks Down; Dollar Up vs. Yen
Aug 25, 2006 5:36 AM (43 mins ago)
Current rank: # 121 of 6,384 articles
TOKYO - Japanese stocks fell for a third day Friday as investors sold autos and other blue-chip issues to take profits after the market hit a three-month high earlier this week.
The Nikkei 225 index slipped 21.96 points, or 0.14 percent, to finish at 15,938.66 points on the Tokyo Stock Exchange. The index lost 202.41 points, or 1.25 percent, on Thursday.
Tokyo stocks have been looking increasingly overextended after a recent rally saw the benchmark index gain 9.3 percent in four weeks before hitting a three-month high on Tuesday
http://www.examiner.com/printa-242119~Japan_Stocks_Down;_Dollar_Up_vs._Yen.html

By Steve Goldstein, MarketWatch
Last Update: 5:49 AM ET Aug 25, 2006
LONDON (MarketWatch) -- U.S. stock market futures on Friday edged higher ahead of a speech from Federal Reserve Chairman Ben Bernanke and as oil futures rallied on concerns a storm could hit the vital Gulf of Mexico region.
S&P 500 futures rose a point at 1,297.10 and Nasdaq 100 futures improved 1.25 points at 1,558.50. Dow industrial futures rose 12 points.
On Thursday, U.S. markets inched higher after a decline in durable-goods orders and a 4.3% fall in sales of new homes. The Dow industrials ended up 6.6 points, and the Nasdaq Composite and the S&P 500 also closed with minor gains.
Attention on Friday will turn to Jackson Hole, Wyo., the site of the Federal Reserve annual symposium. Bernanke at 10 a.m. Eastern is due to speak about global economic integration.
The dollar rose against the yen ahead of that speech, following data that suggested the Bank of Japan may not want to make another interest-rate hike this year.

http://www.marketwatch.com/News/Sto...A9F4-6820B8462E62}&dist=rss&siteid=mktw&rss=1
 
With only two or three writing in this thread, it feels quite deserted. I got used to reading you good people, and now all is silent on the western front. Don't hesitate to say something, even if its only to ring the bell! Have a good day, and my best wishes to all!
 
Dollar up slightly against yen. = down for "I".
Dollar mixed against Euro. = Not much difference.
Nikkie down slightkly today. down for "I".
CAC, DAX, FSTE all down slightly. = down for "I".


looks like its going to be a down day.
 
I agree with you. Maybe Bernake says something that energizes the markets. But all the news coming out seem negative, and now the weekend is here. We can't forget that the markets are moved by many factors, and sentiment or the emotions weigh heavily. If I heard correctly, crude oil is rising influenced by problems in some oil fields, and many traders like to go home early for the weekend. And a storm is brewing, which might affect the Gulf of Mexico, threatening the oil platforms.
James48843 said:
Dollar up slightly against yen. = down for "I".
Dollar mixed against Euro. = Not much difference.
Nikkie down slightkly today. down for "I".
CAC, DAX, FSTE all down slightly. = down for "I".


looks like its going to be a down day.
Click to expand...
 
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