Playing the I fund

[350zCommTech]

Yup, I am thinking that I will move over to the S-fund. I see nothing but more pain for the I-fund tomorrow as Japan follows suit and the EU reacts to Japan and then spends the rest of the morning twiddleing (is that a word? ) it thumbs while waiting for the US market to open.

After the ADP report and Fed minutes yesterday, I have a feeling the USM will be very sensitive to a weak or negative jobs report. Also, don't forget Best Buy and Circuit City report sales tomorrow. If all the news are bad, the S fund will take the worst hit. The F fund would still be a gamble because if the jobs numbers come in good, it would be above expectations and bonds will sell-off.

 

[fedgolfer]

After the ADP report and Fed minutes yesterday, I have a feeling the USM will be very sensitive to a weak or negative jobs report. Also, don't forget Best Buy and Circuit City report sales tomorrow. If all the news are bad, the S fund will take the worst hit. The F fund would still be a gamble because if the jobs numbers come in good, it would be above expectations and bonds will sell-off.

good point... I think i'm gonna straddle.

 

[Wheels]

What about now? I know I'm satisfied!!

Yikes!. I'm just getting to a computer and seeing all the hubbub. Yes frokker, color me officially surprised. And like Griffin says, if I had a dog in this fight, I would have been very satisfied.

Yup, they fixed it, but not only did they omitt Tuesdays 34 gain, they also didn't apply a -15 cent FV due to the afternoon sell-off in the USM yesterday.

An FV is never "due". Even though what happened yesterday turned out to be an error, I stand by my earlier rant. While we can often see an FV coming, and we also sometimes can tell the direction and even estimate the size of an FV, I have seen FV's that go the other way, and I have seen them as big as what we thought happened yesterday. If there was a "formula" that could be "figured" out, then there wouldn't be any point to applying them.

 

[Wheels]

Also, don't forget Best Buy and Circuit City report sales tomorrow.

Even though today's retail reports were bad, I'm not sure those two will be bad. Tech has been huge and I would think that those two had strong Christmas sales even if other retailers didn't.

 

[tsptalk]

Did you notice the F fund was also adjusted? They added another .02.

 

[350zCommTech]

Down .605% or 14 cents.

 

[Wheels]

Did you notice the F fund was also adjusted? They added another .02.

WooHoo. Like you Tom I am enjoying the one day domination, even if it didn't even last a whole day.

 

[350zCommTech]

Did you notice the F fund was also adjusted? They added another .02.

I knew the F fund made money on Tuesday but I was so pissid off with the I that I never bother to check the F fund price.

 

[dell]

My account was adjusted up this morning but has been readjusted back down.
Yesterday I went 100% G. In the couple of weeks prior to that I had been 50% C, 25% S, and 25% I.

I have read the messages this morning about what happened with the market beibg closed Tues and the I fund needing readjustment, but I am confused about my account?

Can anyone tell me what is happening?

 

[350zCommTech]

Even though today's retail reports were bad, I'm not sure those two will be bad. Tech has been huge and I would think that those two had strong Christmas sales even if other retailers didn't.

I'm also going by their forcasts, store traffic, other various news on the net. I hope their sales are bad because I'll gambling again in the F fund. My worst fund last year. What do you think about Fridays jobs report?

 

[sugarandspice]

I'm staying.

 

[Wheels]

I hope their sales are bad because I'll gambling again in the F fund. My worst fund last year. What do you think about Fridays jobs report?

No thoughts. ADP is supposedly back in favor so maybe they'll be right this time.

I bailed on the F today. First time I ever made money there. I figured I was pushing my luck sticking around any longer.

 

[FundSurfer]

You can still get away with about .75% loss - is there any reason to stick around for tomorrows beating?

I usually don't leave the first day of red. I usually hope for a dead cat bounce if it is a big down day and get out the next. The USM has turned around so tommorrow is up in the air. I also think the US dollar will come back down some more. Don't think I agree with your prediction on the US dollar. Where will the strength come from? My allocation is diverse, I'll stay put for the day.

 

[tsptalk]

Nice work folks!

 

[grandma]

An FV is never "due".

Wheels, I think what she is saying is: FV not applied: [ `due to,' d/t, because of, results of, etc, etc.,] the afternoon sell-off....

 

[Wheels]

Wheels, I think what she is saying is: FV not applied: [ `due to,' d/t, because of, results of, etc, etc.,] the afternoon sell-off....

Correct. What I am saying is that it is a mistake to assume that an FV is coming because of an afternoon downturn or a move in the dollar. Those trigger an FV sometimes but they certainly didn't owe one.

 

[wv-girl]

I'm staying.

Me too.

 

[wv-girl]

After they corrected the share price, there was no Unfair Valuation (FV) yesterday.

I know. I received an email confirmation with share price of $22.44 for the I fund, but couldn't get into tsp.gov website to check since they are still showing balance prices as of last year. From reading all of the post here in the I fund, I think that is the correct price.(darn- win some-lose some- that's the way it is.)

 

[350zCommTech]

MSCI will be down ~1.31% today.

I-fund share "should" be down 29 cents to $21.15

Whoa!!! Either you made a mistake or I made a mistake. What do you show for EAFE local currency and what was the dollar change?

 

[grandma]

Correct. What I am saying is that it is a mistake to assume that an FV is coming because of an afternoon downturn or a move in the dollar. Those trigger an FV sometimes but they certainly didn't owe one.

I see - thanx -