Playing the I fund

[Fivetears]

The NIKKEI is at 108.14 (0.68%) as post time stamped.
The AORD is at 6.20 (0.12%) as post time stamped.

 

[airlift]

Core PPI numbers and Housing data appear to be non-inflationary. A trader on Bloomberg TV stated that the markets like these numbers, that this strengthens the idea that the FED will remain on hold tomorrow; and that he expects a rally going forward. Are there any players one way or the other?

 

[The_Technician]

Core PPI numbers and Housing data appear to be non-inflationary. A trader on Bloomberg TV stated that the markets like these numbers, that this strengthens the idea that the FED will remain on hold tomorrow; and that he expects a rally going forward. Are there any players one way or the other?

Mercy, the dolllar got strong overnight.. ...I fund is down 11 cents as I type.....

 

[Show-me]

Mercy, the dollar got strong overnight.. ...I fund is down 11 cents as I type.....

Not anymore.

 

[fabijo]

I didn't do the research, but it seems that when the FED speaks, the dollar loses value. Anyone else see that?

 

[frokker]

I didn't do the research, but it seems that when the FED speaks, the dollar loses value. Anyone else see that?

Seems that way. Let it tank!

 

[dell]

CNBC saying indicators are Fed may not be done raising interest rates. Looks like that is having a bad effect on the I fund. Either that or the fact I went 50% G / 50% I effective COB yesterday.

Dell

 

[dell]

Tanks surrounding Presidential palace in Bangkok. Coup in the making?

 

[Gilligan]

Ball park estimate: loss of 7 cents to $19.80

 

[fabijo]

I'll trust your word, Gilligan!

 

[mlk_man]

If this thing stays the way it is, I'm sure they'll take more with a FV.

 

[mlk_man]

We just had a large buying surge so I expect a reversal either this afternoon or tomorrow.

 

[Gilligan]

If this thing stays the way it is, I'm sure they'll take more with a FV.

The US markets are down and the dollar is headed back up right now. However I don't see enough movement to trigger a FV.

 

[FundSurfer]

Based on current conditions (taking drop around noon into account), I'd bet on today being minus 0.6% or loss of 11 cents. Could be a lot worse if markets continue fall and dollar continues upward (likely short term). It will be interesting to see how the day ends.

 

[airlift]

Gilligan,--

Can you please elaborate on what type of price or currency movement you would be looking for early-on that would potentially trigger a FV? Do you use a specific cut-off time such as the closing time of the Eurozone markets in order to calculate the FV?. Thanks in advance. --

The US markets are down and the dollar is headed back up right now. However I don't see enough movement to trigger a FV.

 

[mailmanusa]

Excuse me for being ignorant but what is FV? Im in the learnin curve.

 

[mailmanusa]

Nevermind, I see the thread just below. Ill read up there...DUH

 

[sugarandspice]

EAFE says in the red .12% = maybe a .02-.03 cent loss........It feels like it's gonna be bigger though.

 

[Gilligan]

Based on current conditions (taking drop around noon into account), I'd bet on today being minus 0.6% or loss of 11 cents. Could be a lot worse if markets continue fall and dollar continues upward (likely short term). It will be interesting to see how the day ends.

MSCI shows the Local Currency down by -0.52% which would be about 11 cents but they figure the dollar dropped 4/10ths of a percent. So, only a 2 or 3 cents loss today, but look out for tomorrow, the dollar went back up.

 

[Gilligan]

Gilligan,--

Can you please elaborate on what type of price or currency movement you would be looking for early-on that would potentially trigger a FV? Do you use a specific cut-off time such as the closing time of the Eurozone markets in order to calculate the FV?. Thanks in advance. --

One member that use to guess the FV before he got himself banned again used a 1/2 percent movement(if I remember right). But there are several factors to consider. The time I use to determine a FV is the closing bell of the US markets.