Playing the I fund

[Fivetears]

Repairs on Network Cables in Asia Could Take Days
HONG KONG — Several ships were on their way today to repair regional telecommunications cables broken by an earthquake off southern Taiwan, but officials warned that it could take several more days before Internet access across much of Asia returned to normal. Communications companies and regulators in several countries said that fixed-line and mobile international telephone connections were largely back on line, two days after a quake with a magnitude of 6.7 struck the Luzon Strait, killing two people and causing property damage in Taiwan. Hong Kong officials said six out of seven submarine cable systems of the regional network, accounting for 90 percent of telecommunications capacity of the region, had broken ”one by one” in the quake and its aftershocks.
http://www.nytimes.com/2006/12/28/b...30f156287e6b&ei=5089&partner=rssyahoo&emc=rss

 

[James48843]

SShhhhh...

Remember- this is a government employee operation.

If we tell you, then we have to ........

 

[FUTURESTRADER]

my 15 yr old son was saying yesterday that x-box live was down worldwide yesterday due to asian servers being down...working fine today

 

[Fivetears]

10 people showing signs of polonium-210
LONDON - Ten people have shown signs of low-level exposure to polonium-210, the rare radioactive element that killed one-time Russian intelligence agent Alexander Litvinenko, British health authorities said Thursday.
http://news.yahoo.com/s/ap/20061228/ap_on_re_eu/britain_poisoned_spy

 

[GGal]

Will all this negative news affect the I fund?

GA

 

[Fivetears]

Don't Know... This may.
Dollar steadies after data shows US economy stable
TOKYO, Dec 29 - The dollar steadied on Friday after paring losses in the previous session on a raft of data that showed the U.S. economy may be in better shape than earlier thought. The U.S. currency has come under pressure in the past few months, especially against European currencies, on expectations that the slowing economy could force the Federal Reserve to start cutting interest rates next year. The dollar fell on Thursday after a member of the European Central Bank Governing Council said that euro zone rates remain low in historical terms, highlighting the risk that the dollar's rate advantage could narrow further. Stronger-than-expected monthly readings for existing homes sales, consumer confidence, and the Chicago manufacturing index helped the dollar to trim losses on Thursday, though the currency ended lower on the day.
http://yahoo.reuters.com/news/artic...-12-29_00-41-44_T172640&type=comktNews&rpc=44

 

[Fivetears]

Many different things affect markets tied to the I-Fund. I take it all in to make my decisions. News, TA, Opinions, Guts; to me... it all matters.

Will all this negative news affect the I fund?

GA

 

[Fivetears]

Japan manufacturers' Dec PMI slips to 21-month low
TOKYO, Dec 29 - Japanese manufacturing activity in December grew at the slowest pace in 21 months as demand for Japanese goods cooled both at home and abroad, a survey showed on Friday. The PMI, the last major Japanese data before the new year, lands in the shadow of revised figures earlier this month that showed the economy grew a softer-than-expected 0.2 percent in the July-September quarter due to sluggish consumption.
http://yahoo.reuters.com/news/artic...-12-28_23-30-57_T136615&type=comktNews&rpc=44

 

[Fivetears]

Glaxo drug may fight early-stage breast cancer
NEW YORK - Scientists said on Thursday that an experimental drug from GlaxoSmithKline to treat late-stage breast cancer has also shown promise in treating early stages of the disease. Tykerb, a pill also known as lapatinib, is being reviewed by the Food and Drug Administration and by European regulators as a treatment for women with a specific type of breast cancer. Results of a late-stage study for Tykerb, which is made by the British drugmaker GlaxoSmithKline were announced in June and the clinical trials were so successful that they were ended early.
http://money.cnn.com/2006/12/28/news/companies/tykerb/index.htm?source=yahoo_quote

 

[ebbnflow]

It should still be 3 cents, if my I fund price is correct. Perhaps Fabijo can chime in with the his current I fund price.

Ah yes, it got rounded off to the wrong side again. You're right, fabijo keeps a running tab of the exact I-fund's price. He did chime in once with his figure when we thought we got shorted. :cheesy:

 

[roguewave]

Interesting action tonight in the forex market. Let's see how this plays out for tomorrow. If these exchange rates hold and we can get a decent showing in the overseas equity markets, we'll finish up this year on a positive note going into next year. Good luck all and congrats to all of you who will finish the year above a 10% return.

http://www.fxstreet.com/rates-charts/forex-rates/

 

[fabijo]

oops! I haven't been reading many threads lately. Here's what I've got for the I fund price so far:

22.21498006

It just barely made the cutoff. Back on November 21, I calculated in some administrative expenses. I've been tweaking it to help the fund prices match up. The only one that doesn't really match up (not counting FV days) is December 1. TSP has 21.54 while the calculated price is 21.53474704. If I lower the administrative expense from Nov 21, I can get 21.54, but that makes a few other prices wrong. At least we can look at this as good for a penny another day. Since we are so close to the border, we will one day unexpectedly get another penny - unless they charge more admin expenses!

 

[ebbnflow]

Thanks, fabijo! So, the next time should be rounded off to the right (our) side. Great.

Heads-up everybody! Tomorrow (Dec. 29) we have only one incoming economic data. It should be a market mover:

Help-Wanted Index -- wt???

 

[ebbnflow]

Anybody here know for sure if we are going to have updated prices for Tuesday at the TSP.gov website? Thanks.

 

[350zCommTech]

Early Estimate: up .018% or 1 cent.

 

[350zCommTech]

Down .031% or no change.

 

[ebbnflow]

Good news, we gained a cent:

MSCI EAFE = +.043%

 

[ebbnflow]

G 11.71 even
F 11.14 even
C 15.69 -.07
S 18.76 -.12
I 22.22 +.01

That wraps it up for the year and what a year it was! Happy New Year!

 

[James48843]

Hang Seng, Taiwan up big this morning.

And Yen, Euro both stronger against dollar.

Could be a big positive day for the "I".

Don't know which markets are open for Jan 2nd, but those that are open seem to be gaining.

 

[James48843]

Foreign markets continue to rally.

Geeze- I wish I hadn't pulled a lot of that "I" off the table, because it's already looking like a more than 1% gain- off with a bang- when trading resumes. CAC, DAX and FTSE all now around 1% up or more, and dollar off slightly as well.