Playing the I fund

[sugarandspice]

G---
F+.01
C---
S+.02
I----

 

[mlk_man]

Close, but you said about 3 cents.....don't you feel better now MM that you have come close to the Crystal Balls est....what a relief u should feel....:nuts:

ah look, my about 3 cents was closer than your 3 cents................

Maybe you need to wash those crystal balls....................

 

[ebbnflow]

That's highway robbery! They rounded it off to the wrong side.

 

[The_Technician]

ah look, my about 3 cents was closer than your 3 cents................

Maybe you need to wash those crystal balls....................

The dollar was changing pretty drastically at cutoff .....nobody could get it right with any reliability...so whats new.....good for me for I just entered the fray and hope for that the next day is a better day...

washing away MM....they look good as new!!!

Watch out after this week....there is a trend for a run up but after that it could be a freefall.....bless the investment gods....

 

[airlift]

I am ... what is the word?... Simply baffled by the ponzi game!!! --
:nuts:

That's highway robbery! They rounded it off to the wrong side.

 

[fabijo]

That's highway robbery! They rounded it off to the wrong side.

My spreadsheet has today's price at:

20.7449188305419

It's just barely under 20.745. A few weeks ago, I noticed my spreadsheet calculating a price about one penny off, so I adjusted the price from months ago by slight fractions until it matched up.

 

[Fivetears]

Tomorrow... we land.

 

[Fivetears]

FOREX-Dollar pauses before Fed statement on rates
TOKYO, Oct 25 - The dollar hardly budged on Wednesday as traders waited for the Federal Reserve's decision on interest rates and whether the central bank would reiterate that inflation risks are a concern even as the housing market cools. With the Fed all but guaranteed to keep rates at 5.25 percent for the third straight time later in the session, market participants planned to comb through the post-meeting statement for clues to the central bank's outlook on rates. Still, few in the market expected a significant departure from past statements, and traders said that any currency reaction to the meeting could be limited. A run of fairly solid U.S. economic data this month has laid to rest speculation that the Fed could lower rates in the near future.
http://yahoo.reuters.com/news/artic...01035Z_01_T185649_RTRIDST_0_MARKETS-FOREX.XML

 

[ebbnflow]

My spreadsheet has today's price at:

20.7449188305419

It's just barely under 20.745. A few weeks ago, I noticed my spreadsheet calculating a price about one penny off, so I adjusted the price from months ago by slight fractions until it matched up.

Thanks for the precise calculation, fabijo! Sponsor and I are feeling a little less snookered already.

 

[airlift]

I think ebbnflow is right. Your calculations have clarified my concerns. I have to accept that I am still ignoring how the I fund behaves in relation to currencies and in relation to FV. My bad. Thanks for your input. --

My spreadsheet has today's price at:

20.7449188305419

It's just barely under 20.745. A few weeks ago, I noticed my spreadsheet calculating a price about one penny off, so I adjusted the price from months ago by slight fractions until it matched up.

 

[Show-me]

EuroZone looking better.

 

[FundSurfer]

Don't know if Gilligan is off his graveyard shift yet so I'll go ahead and post my current estimate.

I have the I-fund up 0.3% as of 11:10 am. Things are flat at the moment and we could see fireworks this afternoon after Fed mtg. If we do, expect an FV.

Sorry but I won't be able to post an estimate any closer to noon.

 

[sugarandspice]

Im going to anticipate a late surge in the market to the positive side and dollar drop to give a + FV today so I will bail out today to steal(hopefully).

Either way it still looks like a nice gain today.

 

[350zCommTech]

I currently have the I fund up 10 cents.

 

[Gilligan]

Ball park estimate: Local currency is +0.05%, the dollar is lower at -0.35% so the USD price should be about +0.4% for a gain of .08 cents to $20.82

 

[Gilligan]

Don't know if Gilligan is off his graveyard shift yet so I'll go ahead and post my current estimate.

I have the I-fund up 0.3% as of 11:10 am. Things are flat at the moment and we could see fireworks this afternoon after Fed mtg. If we do, expect an FV.

Sorry but I won't be able to post an estimate any closer to noon.

Thanks FundSurfer for posting those estimates, your estimates are more accurate than mine.

 

[The_Technician]

Ball park estimate: Local currency is +0.05%, the dollar is lower at -0.35% so the USD price should be about +0.4% for a gain of .08 cents to $20.82

I have it 8 cents up....

 

[350zCommTech]

Hmmmm..... I still have it up 10 cents.

Gilligan,

How do you have the local currency at +.05? I have it up a little bit more.

 

[Gilligan]

I have it 8 cents up....

Now you’ve got me concerned Tech, I recalculated the local currency and came up with +0.137, we should see about a +10 cent gain.

Thanks your input Commtech.

 

[Fivetears]

We're gonna get nudged out by the "S" again I think.