Playing the I fund

[fabijo]

It's a bull ride on the I. It's gonna throw a few riders between now & January 2007. From here on out... you either ride the I... sail the S. Pick your poison, or drink a little of both. If there's gonna be money to be made, It'll be there.

You got it right, 5T. It looks like I jumped the gun once again. :notrust:

 

[GUCHI]

I got in the I fund by cob wed. with the fv does that mean that it helped or hurt me ???

thanks to all
guchi

 

[fabijo]

Guchi -
There wasn't an FV yesterday, it was only a previous FV being corrected. So, by it being corrected, you got the I fund at a lower price than it would have been if the FV stayed.

 

[Gilligan]

I wont be around a computer for the rest of the morning, and it too early to get a good estimate. Right now we are looking at a gain of +0.4%, but the markets are still open.

 

[vectorman]

May not amount to anything, but I did notice that on the FTSE and DAX 5 day charts. They both gapped up on tuesday which may get filled soon. Also the ^N300 NIKKIE, gapped up on wednesday.

http://finance.yahoo.com/q/bc?s=^FTSE&t=5d

http://finance.yahoo.com/q/bc?s=^GDAXI&t=5d

http://finance.yahoo.com/q/bc?s=^N300&t=5d

 

[fabijo]

From what I can see, the I fund is breaking even for today. No loss, no gain.

 

[FundSurfer]

As of 11:30 am EST, I estimate the I-fund up 0.3%. Works out to a 6 cent gain. Markets have been sliding and dollar climbing. This will hold unless the bottom falls out. I do expect a late day sell off.

 

[airlift]

I had been 50% C, 50% S until today, but I went 50% G, 50% F this morning, following Tom's suggested allocation of yesterday -- but I intend to come back to the I-fund ASAP. --

 

[ATCJeff]

I had been 50% C, 50% S until today, but I went 50% G, 50% F this morning, following Tom's suggested allocation of yesterday -- but I intend to come back to the I-fund ASAP. --

Me also....

Jeff

 

[airlift]

Right decision to preserve capital in uncertain Times. Don't take your eyes off the airspeed indicator and watch the stalling speed! --

Me also....

Jeff

 

[sugarandspice]

+.03 should be a flatline.

 

[Wheels]

As of 11:30 am EST, I estimate the I-fund up 0.3%. Works out to a 6 cent gain. Markets have been sliding and dollar climbing. This will hold unless the bottom falls out. I do expect a late day sell off.

You need to consider the price of the dollar reference another currency WHEN a country using that currency closes for the day. For instance, when the Nikkei closes for the day, you need to look at the dollar/yen at that time. If the dollar slides during the morning it won't effect the Nikkei until the next day.

I had trouble wording that. Did it make any sense?

 

[FundSurfer]

My approach is to use the dollar index and to look at the intra-day values. I can look at where the index is at noon. I can base my judgement on whether there will be an FV on dollar movement and then movement of US markets. A large move in either of these will trigger an FV. I realize the dollar index does not match up exactly with the country and percentage distribution of the EAFE but it is close enough for my rough guestimates.

Dollar index chart

I actually think this part of the estimate is closer than using the broad Nekki, Euro nations index, and FTSE as estimates of how the stocks in the EAFE are doing. As an example, BP had a big down day in US markets but was up before market close in London. BP is a large part of the index and big moves can certainly influence price.

 

[Robo5555]

Well...i'm out of stocks....waiting for the opportunity to get back in. I height being on the sidelines....better there than losing I guess.

 

[Robo5555]

Seems like the S fund will get a penny today...overall not a bad day to be on the sidelines.

 

[Fivetears]

Perfect sense; Bunch'a followers. :nuts:

You need to consider the price of the dollar reference another currency WHEN a country using that currency closes for the day. For instance, when the Nikkei closes for the day, you need to look at the dollar/yen at that time. If the dollar slides during the morning it won't effect the Nikkei until the next day.

I had trouble wording that. Did it make any sense?

 

[sugarandspice]

G----
F-.01
C+.03
S+.01
I---

 

[Gilligan]

SShhhh......

Don't tell anyone, but Gilligan works as a federal worker in the BIG "skunk works".

In the "time travel" division. He simply goes into the transporter booth, goes over to tomorrow, takes a look at the TSP website "share prices", and then beams back to today. So far it only works about 12 hours in advance, but we're working on getting it out two or three days soons. (shhhhhhh...)

Of course, time travel is an absolute tip-top government secret. So don't let anybody know.

Cause my wife will be very, very angry if she finds out what I REALLY do for a living. She thinks I go to work every morning. In reality I just go backwards every day and cover myself to taking tomorrow off.

James,
You weren’t suppose to tell anyone about the project. If you keep this up you could be in danger of losing your FV decoder ring. At least you didn’t tell him about Sugar & Spices time travel they just got back from, if you had leaked that out Gary Amelio might do away with the daily IFT's.

 

[fabijo]

Looks like I would've done 1 penny better had I waited a day to get into the F fund.

 

[Gilligan]

From what I can see, the I fund is breaking even for today. No loss, no gain.

Good call