Playing the I fund

Medic.
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Thrift Line now says:

L2040 16.53
L2030 15.86
L2020 15.24
L2010 14.30
L Income 12.64

G Fund 11.66
F Fund 11.16
C Fund: 15.26
S Fund 18.40
I Fund : 21.16

Hmmm.

Tomorrow could get bloody.
 
350zCommTech, luv your work. It's much much larger then any durable order mishap. Investors, speculators, Cbers are all watching the Dollar Index to see if she bounces. If not, it will usher in a whole new world. Good luck.


Bernanke is scheduled to speak after OSM closes, around 1230 est I think. With the recently plunge in the dollar, I would not be surprise if his tone is more hawkish then usual, in trying to save the dollar. I'm sure everybody remembers what happened in May after Bernanke hinted at a pause. The dollar plunged big time and a week later, Bernanke had a talk with CNBC anchor Maria and suggested the "market" misunderstood him?
 
Bernanke is scheduled to speak after OSM closes, around 1230 est I think. With the recently plunge in the dollar, I would not be surprise if his tone is more hawkish then usual, in trying to save the dollar. I'm sure everybody remembers what happened in May after Bernanke hinted at a pause. The dollar plunged big time and a week later, Bernanke had a talk with CNBC anchor Maria and suggested the "market" misunderstood him?

350, I agree with your commentary but personally, I am focusing more on the upcoming trip that Bernanke and Paulson will be making to China around mid December. Maybe currency speculators are preempting that meeting by driving the dollar down. Should we breach the 80.70 level, well, I am surmising things might change as we have never breached that level for very long in the 35 year history of this index. Good luck and thanks for your pricision shooting reference the I Fund. I got back in 100% at the $19.83 level and don't plan on switching for a very long time (years).
 
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