Playing the I fund

[CheapShot]

MSCI has the I-fund at -(1.428%). Today is the buying opportunity. I hope you guys moved in!
M

Looks like I was day early many dollars short. But come Monday who knows?

 

[Birchtree]

ayla,

I wouldn't necessarily panic about the I fund correction - it can probably come down another $1.50 and still maintain its' uptrend. Think longer term - this correction is healthy - I'm holding my international fund and am looking forward to some further dollar cost averaging. Too soon to sell.

 

[Wizard]

I wouldn't necessarily panic about the I fund correction - it can probably come down another $1.50 and still maintain its' uptrend. Think longer term - this correction is healthy - I'm holding my international fund and am looking forward to some further dollar cost averaging. Too soon to sell.

Yeah, ride it down another $1.50 and see how it looks then.

 

[Spartan]

Dollar will continue to slide and lose another 16-18% value in the next few months. It will settle between 70-73.2 USDX.

The dow will lose another 18% rather soon.

World markets will only follow US markets so far, and thats exactly what happened, European Markets followed the US markets down on Thursday, which started this worldwide selloff. Soon they will realize that it's only OUR economy thats debunked and not their own.

I would not want my money in any other fund than the I fund.

 

[FundSurfer]

Anybody catch that EAFE is up 1.06% in after hours trading?

http://finance.yahoo.com/q?s=^gspc+^dwcpf+efa+agg&d=t

For those thinking of bailing Monday morning if foriegn markets are red, you may want to delay a little. The foriegn markets follow the US markets. The US markets ended down but the trading was fairly flat at the end of the day. I would not be surprised to see the foriegn markets start off slow to negative but I don't think it will be a big down day. I'm betting the US markets will bounce which will be followed by foriegn markets on Tuesday.

 

[tsptalk]

But then I'm also learning that I need to go against my instincts with this investing stuff.

You are coming over to the good side. :cheesy: That is the first step in understanding the market. Our instincts are crap. Go against your, and "the herd's", instincts. It's tough but typically correct.

Very few have those instincts. RevSharks has "it". I sure don't.

 

[nnuut]

May be an opportunity in the "I" for Tuesday. Thinkin' about it, but if US Markets continue their fall they may drag the "I" with them????? Ya just never know?? What do you analysts think?

 

[FUTURESTRADER]

May be an opportunity in the "I" for Tuesday. Thinkin' about it, but if US Markets continue their fall they may drag the "I" with them????? Ya just never know?? What do you analysts think?

I think EFA has a good shot to go down another 3.6% to the 50 ema this coming week, tho it is at the 20 ema now and has bounced or put in lows there several times since last november. Other indicators (rsi, slow stochs) rolling over out of overbought

 

[nnuut]

Yes, I to am reluctant to jump back in right now.:blink:

 

[nnuut]

NO SIR, I DON'T LIKE IT!
NIKKEI 225
05/15 - 10:22

16,383.45 -218.33 TOKYO (Kyodo)--Stocks opened sharply lower on the Tokyo Stock Exchange on Monday in tandem with continued large declines in U.S. shares Friday.
http://www.nni.nikkei.co.jp/

 

[nnuut]

Australia DOWN 11:05 5/15/06 I Don't like this either.
Yes Sirree, it's the "G" for me!

Australia ASX 100 -70.70 -1.63% 4,263.50 5/15 11:05am

Australia ASX All Ords -84.40 -1.60% 5,201.10 5/15 11:05am

AustraliaA SX Mid-cap 50 -92.80 -1.73% 5,265.60 5/15 11:05am

http://money.cnn.com/data/world_markets/

 

[vectorman]

Dollar news:

http://yahoo.reuters.com/investing/...:MTFH92877_2006-05-14_23-55-29_T287083&rpc=44

http://yahoo.reuters.com/investing/...:MTFH93163_2006-05-15_00-26-38_T181866&rpc=44

 

[biggdog1]

Asia and Europe getting beat to hell again this early A.M. Dollar is still weak but putting on slight muscle. For those out of the I-Fund this could be a day to buy back in. Foreign Markets seem to be afraid of the FED still raising rates and crude.
:nuts: :nuts: :nuts: ]

 

[Show-me]

Looks like the USD is doing the "dead cat bounce". Good opportunity if they don't do the FV or buy in to the S and C looking for a bounce on Tue. and playing the I fund for Wed. then back to G.:nuts:

 

[Spartan]

Big news tomorrow. Wouldnt want to be on the sidelines.

May 16 8:30 AM Building Permits Apr
May 16 8:30 AM Core PPI Apr
May 16 8:30 AM Housing Starts Apr
May 16 8:30 AM NY Empire State Index May
May 16 8:30 AM PPI Apr
May 16 9:15 AM Capacity Utilization
May 16 9:15 AM Industrial Production

 

[James48843]

Asia and Europe getting beat to hell again this early A.M. Dollar is still weak but putting on slight muscle. For those out of the I-Fund this could be a day to buy back in.

No- still too soon. Let it fall. Wait until you see something firm below. We have a good deal more downside today and tomorrow, I think.

Better opportunity ahead to buy low on "I" before it resumes upward movement.

 

[Griffin]

MSCI EAFE posted at -1.488%. The I-Fund could end the day around 20.23. I did not sit down and draw lines, but it appears that most of the indicies are dropping out of their 6 month channels. Unless things turn around early tomorrow, the sell off will likely continue. It may be worth while to back out of the I for a few days, until a successful retest of the low is set.

 

[The_Technician]

I think I've made my position clear...............JUMP. Ooops, too late.

Just kidding, giving it a day is actually the smart thing to do.

If the pullback that is now the topic of enormous debate does actually occurr, you will see all the charts across the board start dropping out of the post November 05 channels. It will be apparant in a day or two. If the market is set to recover, then it will probably squirm for a day or two before coming up giving you the time to get back in.

I'm taking the cheapshot approach (betting on being lucky) and hoping for a surge on Monday.:nuts:

Why do I feel like I neeed to say this to you....I think you deserve this...."Do you feel lucky Punk......"

No surge today Griffin....."Ooops" as you might say....

Maybe you should try not to invest by being "Lucky" ......

That made us even I believe.....I apologize to the board.....

 

[Griffin]

Tech,

You strike me as an angry young man. Investing is no place for a person that can't control their emotions. If you are so enraged that you can't recognize the technical analysis in the 3rd paragraph, from the "lucky" joke at the end, you should not be going by the title of technician. What I said was sound - if you are watching today's moves, many sane rational people are making the move back in - and may very well back out again, tomorrow. Risk is part of the process.

The losses of the past couple days are minimal in the grand scheme of things. Even if tomorrow proves to be another beating (-1%), I will still be up over 8% for the year, beating evey L-Fund, and all but the I-Fund. My grand strategy is to meet or beat the best performing fund for the year (and every year). Historically, this approach would have yielded an average annual return of 19% for the last decade.

If the breakdown continues, I will go to the G - which will only bring me closer to catching up with the I-Fund and achieving my goal even faster. If the market goes up from here, I still have lots of catch-up and more work to do....by being aggressive.

Do you have an overarching strategy?........I doubt it. Your to emotional, and any loss is to painful. Your lack of a spine is what is keeping you from making money. Do yourself a favor and focus on the objective...not on keeping up with the Jones'. Face the facts, you are so far behind every other person that you are jousting with, that you don't have a prayer of catching up - the anger is keeping you from making rational decisions. Your praying for a contrarian move that will magically boost you to the top of the pile. It ain't going to happen. Only through methodical analysis and emotional detachment will you be able to adapt to an ever changing market and be successful.

 

[Birchtree]

I wish I had a come back like that - he's tagged me for a year.