Locke
New member
Anyone know what has the Nikkei up in a twist? FTSE is down a half a percent as well. Euro is up, yen is down. Such a mixed market feeling this morning. Any forecasts to see if the I-Fund has hit it's ceiling or is there still a ways to go? I got burned the last time, don't want to go down that same road!:embarrest:
A weaker dollar vs. yen causes JP exporters to make less profit. So, some of you saw was from JP exporters falling. Most of the downdraft is from the possibility of the Democrats taking the Senate as well as the House, which is not the most business friendly configuration.
To avoid getting burned, consider setting a sell point and stick to it. My current sell point for the I fund is $20/share. If the I fund breaks below that, I don't see a strong finale for 2006.