Playing the I fund

[James48843]

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

Seems almost a fire sale on the price of "I" fund shares. We haven't had the price of "I" this low since Aug 14.

I think I'll wait a day or two more to see how much downside there is left. If it levels out I may start dipping back in.

 

[airlift]

Nnuut,Thank you for the info! Since the FED meeting is on the 20th, and assuming that the short-term indicators that Tom mentioned in his column this morning were to ease up, thereby letting him change his allocation to 50% stocks, and 50% G, would anyone advise going back into the I-fund, before or after the FED announces its decison? Another set of factors to consider would be the meetings you mentioned to be held weekend, namely the IMF, World Bank, and G-7 meeting. It would be favorable for the dollar to decline and for the Yuan and YEN to rise. However, I will appreciate the best possible opinions that we can gather here to get a better perspective of the possibilities involved here. Thanks.

Sept. 20th 2006!

 

[nnuut]

I would like some answers myself. As so aptly put by Will Rogers, I only know what I read in the, ah, well read everywhere!

 

[James48843]

Since we're about to see the fourth day in a row down for "I", could we be getting close to time to move back in?

 

[Birchtree]

IMHO the mistake was to get out - not me. I just DCA the cycle, up and down, up and down. I'm a real cycle rider when I get on my Ducati.

 

[sugarandspice]

Down .933%.. .. .. .......Should be about 18 cents lower?

 

[tsptalk]

The dollar strength seems to be fooling a lot of the experts. It may be too early to call but the chart is actually starting to look bullish.

 

[draggen3]

This info should mean a lower dollar , yet I know it is going up from ny fed reserve web site


http://www.ny.frb.org/markets/omo/dmm/temp.cfm

The fed is putting more money out there, look for yourself, I'm riding this for a bit, probably take 3 days to hit the market, besides all indicator say I way oversold. I'm in for now!!

 

[Fivetears]

Tomorro... we land! :nuts: (Love that Bugs Bunny)

Anyone got a FV WAG for today???

 

[Fivetears]

:nuts: Gilligan
You have the comm.

 

[sugarandspice]

G+.01
F-.01
C+.01
S-.05
I-.19

 

[Birchtree]

Now, may I please have a value of $19.50? Thanx.

 

[James48843]

Now, may I please have a value of $19.50? Thanx.

Probably.

Nikkei down shortly after opening higher. Now down 0.16% just after the open on Tuesday Japan time.

Where is the floor on this one? (I'm sitting on the sidelines waiting).

 

[Birchtree]

I believe $17.73 would be the final bottom retest - but it won't get that low. You should get in soon if you're going to ride. Try some DCA.

 

[Fivetears]

You may get your wish, Sir.
...and will you be joining in for the game??

Now, may I please have a value of $19.50? Thanx.

 

[Fivetears]

Looks like another bad day at the races in the making. Do we put it on the trailer... or stay and race?
The NIKKEI is at -109.58 (-0.69%) as post time stamped.
The AORD is at -60.70 (-1.22%) as post time stamped.

Staying & Racing.

 

[Birchtree]

Fivetears,

I play the international with my wife's money. Less risky that way. Was looking for a DCA on 9/8 but it didn't arrive - may have hit her account after the close today.If not then I'm standing at the pay window for tomorrow.

 

[Gilligan]

Fivetears,

I play the international with my wife's money. Less risky that way. ........

Isn’t that like Dick Cheney saying, “I go dove hunting with my wife’s shotgun, its safer that way.”

 

[pezfallout]

Long time reader, first time asking for advice.

So after riding the I was for a while I got out, waited a while, and it dipped down ~20¢ and I bit. It peaked at 20.33 and began it's death march to where it's currently at. Due to work responsibilities and odd hours (in the AOR) I missed a few moments where I would have been able to pull out before the damage got too severe. Now I'm stuck at almost a 60¢ per share deficit, and I'm not sure if I should just hold out or cut my losses and rebuild.

Given the current situation in the market, what would you regulars suggest? Is it reaching it's bottom or just beginning to sink? Thanks in advance!

 

[SkyPilot]

Pezfallout, Greetings and Welcome!

It is difficult when we sustain losses not to let it affect our decisions going forward. However, it will be helpful to put the past behind you. Use strategy, not emotions.

Make your decisions based not on how much you have lost, but rather, what you believe the market will do going forward, related to how much risk you can tolerate.

As far as market direction, this is a historically a bad month for the I fund. Nothing in the next few days to push the market up, really. However, it has declined significantly already, so some see us entering an oversold environment. As for me, I am sticking to the sidelines for now.

Good luck!