Playing the I fund

[mayday]

U.S. Dollar index is moving in the right direction now at 85.41 +.09

 

[ayla]

Nikkei 300 has done well last night. Usually bodes well for the I fund.

Nikkei 300 - Up 8.21 (2.69%)

 

[James48843]

Nikkei, DAX, CAC, FSTE all very green today.
Dollar not much moved...
Looks like VERY nice day for "I".


Looking forward to Gilligan's predictions later this morning.

 

[frokker]

Remember, we still owe back from the FV two days ago.

 

[FundSurfer]

A quick look, I have OSM up 1.2%. Dollar about even. Owe $0.12 FV. I have the I fund up about 12 cent taking the FV into account. I also think if the US keeps falling that we could see an FV in the other direction. Have to admit I thinking of stepping aside into G/F.

 

[fabijo]

I'm also thinking of collecting today's gains to hop over into the F, but I also wonder if Japan will rally tonight because of our new homes sales reports increased unexpectedly. I figure Japan depends on our consumerism alot and we have increased confidence on consumer spending.

 

[frokker]

Where's Gilligan's guess for today? Only 15 minutes until deadline for IFT's. Would love some input before then!!

Anyone?

 

[Gilligan]

Ball park estimate: a gain of 29 cents to $20.29, subtract 12 cent FV = $20.17

 

[frokker]

Damn, that was fast!! Thanks Gilligan!

 

[Beavis]

I'm thinking of letting it ride for another day and see how OSM reacts to todays news. Ready to cut and run if it starts down.

 

[fedgolfer]

Ball park estimate: a gain of 29 cents to $20.29, subtract 12 cent FV = $20.17

Holy crapola, Batman! Oops, wrong 70's sitcom. Aye-aye, good buddy. Hey, what's tomorrow's closing I-fund estimate?! I guess we'd need the Professor for that calculation.

 

[FundSurfer]

Have to admit I thinking of stepping aside into G/F.

Decide to wait another day. I'm at a point where S is near target and I is half way there. If I jumped out it would be because I thought I could time a little retreat. The recovery of US markets from early morning have me deciding to wait for now.

 

[Gilligan]

Ball park estimate: a gain of 29 cents to $20.29, subtract 12 cent FV = $20.17

If the US markets continue to rally all day, Barclays may let the FV ride or give us a new +FV.

 

[Gilligan]

Holy crapola, Batman! Oops, wrong 70's sitcom. Aye-aye, good buddy. Hey, what's tomorrow's closing I-fund estimate?! I guess we'd need the Professor for that calculation.

At the rate we are going $20.50 is not out of the question, however if the markets turn down we could see a big drop.

 

[frokker]

At the rate we are going $20.50 is not out of the question, however if the markets turn down we could see a big drop.

Got fingers crossed. Lets hope that big drop doesn't happen!

 

[Robo5555]

I jump out today after closing....100% G fund. Just have that feeling that we are going to have a drop. Won't be on the sidelines too long...I'll jump right back in.

 

[frokker]

I jump out today after closing....100% G fund. Just have that feeling that we are going to have a drop. Won't be on the sidelines too long...I'll jump right back in.

I did a little bit. Took 35% off the table.

 

[FundSurfer]

I did a little bit. Took 35% off the table.

Probably going to end up being a good move. I'm kicking myself for not reducing my exposure this morning. I was moving in that direction then had second thoughts. I guess we'll know tommorrow.

 

[fabijo]

Yeah, we'll have to see. A guy I work with said that he'd wait at least another day, but I decided to just go 100% F. That candlestick pattern looks similar to many of the short term tops the I fund has had. I may go back in tomorrow or Friday, but this weekend will be a 3-day weekend (Columbus Day), I could even wait until Tuesday.

 

[nnuut]

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Columbus Day
(Second Monday in October)