Playing the I fund

[nnuut]

Msci +.075

 

[fedgolfer]

... that gets us 2 pennies, correct?

 

[350zCommTech]

... that gets us 2 pennies, correct?

Yes.

 

[350zCommTech]

We may be in for a sell the rally mentality as folks who wished they had sold near the highs start selling the 2nd chance strength. Keep an eye on prior days' highs as that will be where the buying will hit some resistance if we are indeed in for a little correction. Use those rallies wisely. Smart money (insiders and top money managers) are selling the strength lately. I wish I had something to sell here, cause this dumb money sold in the fall.

You are right. The dip buyers will be in for some pain.

 

[Nimrod1193]

Yes.

EXCELLENT!

 

[fedgolfer]

thanks... i'll take that

350, you trying to go to the SB? I told my wife its time for the blue and orange face and body paint, she wants a divorce.

http://youtube.com/watch?v=EfX9aF5KGmU

 

[350zCommTech]

thanks... i'll take that

350, you trying to go to the SB? I told my wife its time for the blue and orange face and body paint, she wants a divorce.

http://youtube.com/watch?v=EfX9aF5KGmU

Are you crazy? If she dosn't divorce you, you guys will be shopping for expensive furnitures after the SB. The other day, I mentioned that I might go out and get a Nintendo Wii for the kids, she told me she wanted a diamond ring. I think I'll just watch it at home on my HDTV.

 

[Wheels]

Uh-oh. Maybe I wasn't asking for too much. Put your rally caps on!!

Ouch, so much for the rally. It's rolling over pretty hard now.

 

[sugarandspice]

G+.01
F+.01
C-.09
S-.11
I+.02

 

[Griffin]

Does the I and the EAFE gaining two cents seem a bit odd? Even if MSCI captured a fair valuation of their own (not to be confused with the FV process we usually discuss) before posting their numbers based upon that mid afternoon rally, It still seems overvalued based on the currency changes. What am I missing?

 

[350zCommTech]

Up .050% or 1 cent.

Msci +.075

... that gets us 2 pennies, correct?

Does the I and the EAFE gaining two cents seem a bit odd? Even if MSCI captured a fair valuation of their own (not to be confused with the FV process we usually discuss) before posting their numbers based upon that mid afternoon rally, It still seems overvalued based on the currency changes. What am I missing?

Everything is in order as far as I can see. MSCI did not make any changes on Friday or today. What were you expecting?

 

[Wheels]

Does the I and the EAFE gaining two cents seem a bit odd? Even if MSCI captured a fair valuation of their own (not to be confused with the FV process we usually discuss) before posting their numbers based upon that mid afternoon rally, It still seems overvalued based on the currency changes. What am I missing?

Everything is in order as far as I can see. MSCI did not make any changes on Friday or today. What were you expecting?

Keep in mind that the FE portion of the EAFE was up over 1%.

 

[fabijo]

Keep in mind that the FE portion of the EAFE was up over 1%.

and now Japan looks to be heading back down:

 

[fabijo]

and now Japan looks to be heading back down:

Wow. I wrote that message when it was prior to midday in Japan, then suddenly a rally took place.

 

[Griffin]

Keep in mind that the FE portion of the EAFE was up over 1%.

Yeah, I'm not sure why I didn't see that, probably a refresh issue on the browser. Thanks.

 

[Griffin]

How low does the dollar go?
a) 84.5 and the dollar continues to gain strength
b) 84.0
c) or are we setting up for a big step lower?

View attachment 1301

 

[Nimrod1193]

I use my Roth account at TD Ameritrade to keep track of the markets and when I called up my Watch List it showed EFA as having a gain of 23%. I damn near fell out of my chair before I realized that they were using faulty data for yesterday's close.

 

[350zCommTech]

Early estimate: up .355% or 8 cents.

 

[sugarandspice]

Yo 350,

You ready to call it yet?

I'm not.

 

[350zCommTech]

Yo 350,

You ready to call it yet?

I'm not.

Not yet, all we have right now is a lower high in the USM. Earnings last night from TI were only 1 cent above estimates after removing a tax credit, and we have a rally in tech? I think it might be a trap. On the other hand, the dollar has finally bounced off resistance and is accounting for all of the I fund's gains. I have a feeling the dollar will be heading down for the next 2-3 days. It would probably be safer to gamble in the I fund, if you are going to gamble, the dollar will lessen the pain in case of a sell-off tomorrow.