Playing the I fund

[weatherweenie]

Getting worse in Japan

Nikkei 300 -1.14%

 

[weatherweenie]

Nikkei 300 has come back and is slightly positive, +0.06%

 

[Show-me]

What a recovery and what volatility! The NIKKEI has always exhausted me to watch it.

 

[frokker]

Any ballpark guesses before the deadline?

 

[FundSurfer]

Without using a calculator and just looking at the indexes and dollar, I'd say plus 0.4% for the I-fund today. Of couse this estimate is subject to an FV based on late in the day movement.

 

[Show-me]

And that late day movement will be up.

Without using a calculator and just looking at the indexes and dollar, I'd say plus 0.4% for the I-fund today. Of couse this estimate is subject to an FV based on late in the day movement.

 

[Gilligan]

Ballpark estimate: LC +0.6%, Dollar +0.25%, USD +0.35% for a gain of 7 cents to $20.52

 

[Pilgrim]

And that late day movement will be up.

That would mean a +fv today, taken back tomorrow. If you really believe that, the move would be to bail out today. Taking bets??

 

[genod]

That would mean a +fv today, taken back tomorrow. If you really believe that, the move would be to bail out today. Taking bets??

Yep...I'll try it. Went from 50 S 50 I to 100 S

 

[ATCJeff]

That would mean a +fv today, taken back tomorrow. If you really believe that, the move would be to bail out today. Taking bets??

A FV doesn't have to be evened out the next day. The longest I've seen is three days. It just depends on market conditions.

 

[mlk_man]

MSCI up .457%

 

[ebbnflow]

G 11.60 even
F 10.98 +.01
C 15.05 +.02
S 17.94 -.02
I 20.55 +.10

I guess the I-fund got back a cent of FV. We were expecting only +.09 today.

 

[Wheels]

I 20.55 +.10

I guess the I-fund got back a cent of FV. We were expecting only +.09 today.

FV's (and corrections) will not normally come in 1 cent increments. It was likely rounding. While yesterday's quoted price was 20.45 it's actual value was most likely 20.45 and then some more decimal places totaling less than .005. Multiply that by EAFE's .465% and you get 20.54 and a few more decimal places totaling more than .005 thus a quoted price of 20.55.

Make sense.

 

[mlk_man]

Crystal ball makes more sense. When it's wrong, you have something to blame.

 

[ebbnflow]

FV's (and corrections) will not normally come in 1 cent increments. It was likely rounding. While yesterday's quoted price was 20.45 it's actual value was most likely 20.45 and then some more decimal places totaling less than .005. Multiply that by EAFE's .465% and you get 20.54 and a few more decimal places totaling more than .005 thus a quoted price of 20.55.

Make sense.

Thanks, Wheels. Does this mean you're back on the board? Or maybe you never left. We miss your comments and competitive spirit.

 

[Wheels]

Thanks, Wheels. Does this mean you're back on the board? Or maybe you never left. We miss your comments and competitive spirit.

Nothing has changed. I said in my "farewell" post that I wouldn't be posting that much "unless I see where I can explain something to someone who is struggling with something". I thought this qualified.


http://www.tsptalk.com/mb/showpost.php?p=59403&postcount=108

 

[The_Technician]

G 11.60 even
F 10.98 +.01
C 15.05 +.02
S 17.94 -.02
I 20.55 +.10

I guess the I-fund got back a cent of FV. We were expecting only +.09 today.

I was expecting approx 10 cents at cutoff myself today....so I would say no FV today......

 

[fabijo]

Man, look at Japan's markets this morning! They just can't decide which direction to take.

 

[fabijo]

If I have adjusted my spreadsheet correctly, yesterday's price for the I fund was about 20.45318, which would make today's price roughly 20.5477.

 

[weatherweenie]

Man, look at Japan's markets this morning! They just can't decide which direction to take.

Nikkei 300 is up 0.21%, but the intraday chart shows lower lows and lower highs, as does the Nikkei 225.

But, after yesterday's action in Japan, there's no telling where they'll end up.:blink: