Playing the I fund

Mayday,

May I suggest you try not worry about the dollar and FV....

Capital investment by Japanese firms in the April-June period jumped 16.6% from a year earlier, suggesting that economic growth figures for the quarter could be revised up. This is what is important, not currency swings. The 16.6% capital spending increase was the fastest pace of growth since the July-September quarter of 2002, and also marked the 13th straight quarter of increases. A survey also showed that corporate current profit rose 10.1%.

Concentrate on the underlying economics and not FV. The sharp rise in corporate spending came as corporate managers became more optimistic about business conditions thanks to rising profit and sales. The increase also indicated that private-sector demand remains strong in the world's second largest economy. These folks are still concerned about deflation and not inflation with concurrent interest rate increases.

Dennis
 
Dennis I must admire your zealous expectations for a rise in the nikkei and I believe that to be true. I will be watching and waiting to pounce on that opportunity. Falling oil prices should weaken gold and strengthen the dollar. I'll be watching out for hurricanes and a crude push. I remain a bit leary of 911 and cautious of the triple witching hour next Friday when options & futures contracts on market indexes expire in the last hour of trading. Dow transportation is in a down trend. I'm a little bearish on the 500. Mayday
 
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Nikkei down 1.78% this morning-
Hang Seng down 1.15%
CAC down 0.75%
DAX down 0.61%
FSTE 100 down 0.68%


Thump.

A DOWN day today for the "I"
 
"I" fund down due to Oil/Gas prices falling. Well, they will just have to suffer!:mad:

09/11/2006 - Updated 7:37 AM ET
1.gif
European shares under pressure, M&A in focusMiners, oil and gas stocks weigh on indexes

By Sarah Turner, MarketWatch
LONDON (MarketWatch) -- European shares were pressured by lower commodity stocks on Monday, though some potential deals provided support.
The U.K.'s FTSE 100 index declined 0.6% at 5,842, the German DAX Xetra 30 index lost 0.6% at 5,763 and the French CAC-40 index dipped 0.7% at 5,036.
The pan-European Dow Jones Stoxx 600 index slipped 0.7% to trade at 328.80. Resource stocks such as BHP Billiton [BHP] and Rio Tinto [RTP] lost more than 4% and oil and gas shares including Royal Dutch Shell [RDS.A] and Total [TOT] also slipped.
http://markets.usatoday.com/custom/...l&guid={7E8542F3-3573-43B1-B451-E1B0B2B4DE34}
 
Play at your own risk... this could be a really down week. Not much to move things back up at the moment. Seasonality is against you as well.

Course', anything could happen, and often does!
 
Is today a good day to play the I ? Does anyone expect a bounce off these lows for tomorrow?

Dell

My own personal opion is that we are in for few days of continued down before any real bounce.

Of course, everyone has an opinion.

At the moment I am all out of stocks and very defensively in "F" and "G". Perhaps in a couple days, if the bottoms hold, I'll move back into stocks.

My 2 cents worth.
 
The reality is that things are not looking so great for the next couple of weeks. All TSPGO signals are negative. The end of the 4-year cycle looks even worse.

http://tspgo.com/images/sam9my4cycle.gif

It seems we are at the edge of the clift of the end of the cycle.

(The current cycle is the dark blue line between bars 2 and 3.)

Unless you are jumping in and out daily, it seems more prudent to watch the action from the sideline.

Good luck to all!

TSPGO!
 
Dollar upward movement has made it tough for the "I" fund lately. IMF, World Bank and G7 meetings may cause the dollar to lose ground to major Asian currencies.:)
Forex - Major currencies in tight ranges a key week gets underway

LONDON (AFX) - Major currencies traded within tight ranges as a key week forthe currency market got underway. A raft of US data and speeches from rate setters are scheduled for the weekand looming in the back ground is the IMF, World Bank and G7 meetings thisweekend. There is growing speculation that the meetings will call for greaterflexibility in the currency market -- a cue that the yuan should be allowed toappreciate to better reflect Chinese fundamentals. The last time this happened, the dollar lost ground and Asian currencies,especially the yen edged higher.http://www.advfn.com/news_Forex-Maj...nges-a-key-week-gets-underway_0016786477.html
 
Ball park estimate: Local currency is -0.9 % and the dollar is close to even, so the USD should be about -0.9% for a loss of about 18 cents to around $19.62
 
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