Playing the I fund

Plus.......S fund shares are cheaper.....any comments??

My understanding is the I fund is composed of some oil companys in Europe. At onetime someone said BP. Dunno... Anyway, most experts are saying were heading for $55 or lower per barrel over the next 2-3 months. If this happens I would see the I fund underperforming the C & S funds.

In the past I have rode the I fund for big gains. However today I'm 50/50 C and S. I'm looking for the C & S funds to outperform the I. I don't see myself back in the I fund till after the January.
 
My understanding is the I fund is composed of some oil companys in Europe. At onetime someone said BP. Dunno... Anyway, most experts are saying were heading for $55 or lower per barrel over the next 2-3 months. If this happens I would see the I fund underperforming the C & S funds.

In the past I have rode the I fund for big gains. However today I'm 50/50 C and S. I'm looking for the C & S funds to outperform the I. I don't see myself back in the I fund till after the January.

Jeff,

T. Boone Pickens, 'THE' oil expert, was all over the biz channels yesterday calling for higher oil by the end of year, FWIW. I like a sector rotation strategy into S fund at least until it catches up to May highs as the C fund did.
 
I just don't see oil going any higher with inventories as high as they are right now. OPEC can't decide what their going to do. A million barrels is nothing. Plus a country or two may try to cheat production.

Everything I see says OPEC won't get serious til oil hits 53ish. Someone else said Saudi Arabia based their 2007 buget on $50. So they will take action before the $50 price.
 
I think ATCJeff might be right on target on this... I like the I fund but the C & S may be a better move until the end of the year.
 
I see the dollar is falling more this afternoon. Asia will be a coin toss with the NK crap on the front burner, I am not counting on them tonight.
 
FV today!

G----
F+.01
C+.14
S+.26
I+.19

Tomorrow they will more than likely lower your I fund by .11 cents to get the FV back. Glad I stayed out now.
 
I think there is a good chance that he is correct. Moreover, his view is consistent with Birchtree's opinion that the C fund might benefit primarily more than the I fund. At least we have to consider this possibility. --


I think ATCJeff might be right on target on this... I like the I fund but the C & S may be a better move until the end of the year.
 
Re: Playing the I fund or is the I fund playing us?

Ha! :D My reverse psychology is working well. :D Now can the afternoon session hold up the morning or will the total ban of NK imports weigh to heavy on the market. :worried:

^N300 up 0.96% in the early going.
 
FV today!

G----
F+.01
C+.14
S+.26
I+.19

Tomorrow they will more than likely lower your I fund by .11 cents to get the FV back. Glad I stayed out now.

If there was a FV today, Thurs., and the overseas markets soar, ^N300 now up 1.26%, would that eliminate the need 'to get the FV back'?
 
It would not necessarily be given back but those that bought the I fund would get diluted gains tomorrow. In other word they would get shorted the amount of the FV.:D

If there was a FV today, Thurs., and the overseas markets soar, ^N300 now up 1.26%, would that eliminate the need 'to get the FV back'?
 
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