Playing the I fund

[oldschool]

good article on dollar rising vs. yen, euro today because of hawkish comments by Fed official Poole

http://www.forbes.com/entrepreneurs/feeds/ap/2006/03/07/ap2577236.html

 

[sugarandspice]

Ouch for you I funders today....Down .24 cents

 

[bkrownd]

Ooooh! Ooooh! I sense a buying opportunity!

 

[sugarandspice]

EAFE says I fund down .545%. Whats that about 8-10 cents a share?

 

[Gilligan]

EAFE says I fund down .545%. Whats that about 8-10 cents a share?

Yes, $18.38 minus 0.545% (0.100171 cents) = $18.28 before TSP adjustment.

 

[teknobucks]

casino like market moves

NIKKEI 225 (OSA:^N225) Delayed quote data

Index Value: 15,975.05
Trade Time: 8:34PM ET
Change: 347.56 (2.22%)

open in tokyo.

tekno

 

[oldschool]

kind of scary volitility in Japanese markets - today's WSJ had story on the new class of day-traders in japan. WSJ suggested they're doing something on the order of 30% of total trades on Japanese markets, and 1/2 of those trades are on margin. Sound familiar to anyone? Oh well, it worked in the U.S. markets for a couple of years in the late 90s... but the story didn't end so well.

 

[Birchtree]

I'll take $5M please

What is the effective margin rate - 0.5%? And it may go to 1.0% in another 12 months and then 1.5% in another 12 months. I hope it's tax deductable. What a wonderful way to fill ones' pockets.

 

[oldschool]

It's not usually the rate charged for margin that causes the problems, it's when the lenders (brokers) say your collateral (stock) is no good that hurts.... And, you get enough of the market standing on collateral that others have bought on margin, the current "price" of that collateral starts to have some vulnerable aspects.....

Are Japanese equities really worth 40% more than a year ago? Maybe. Or is it more likely a whole new set of investors have come literally online, and have been riding a partially self-proving margin financed rising tide - listening to brokers and analysts saying "this time it's different"....

 

[JOVARN]

TOKYO (AP) -- The Bank of Japan on Thursday abandoned the super-easy monetary policy it has kept for five years, saying it will gradually raise interest rates and start to cut the excess cash in the banking system amid signs of economic recovery. But the central bank sent a clear message that the transition will be slow, saying benchmark interest rates will remain near zero for some time and that it will only gradually reduce the amount of liquidity in the banking system over several months.

Japanese Stocks Boosted by BOJ Decision

TOKYO (AP) -- Japanese stocks jumped more than 2.6 percent Thursday as the Bank of Japan announced the end of its super-easy monetary policy, relieving the market of uncertainty. The Nikkei 225 index gained 409.42 points to close at 16,036.91 points on the Tokyo Stock Exchange Thursday.

Oil Prices Hold Steady at $60 a Barrel

Sounds like good news. Lets hope it rubs off on the S fund as well

 

[Brett]

I think a large percentage of us have put our $$$ on the sidelines in the G fund until further notice. Anyone talking about getting back in? Have we hit bottom yet? I think what we are looking at right now is a “dead cat bounce”, but I think I’m almost ready to get back in.

 

[sugarandspice]

EAFE says up 1.1%. About double from yesterday. We'll see what tsp does.

 

[2EASY]

I Fund

Hope EAFE is right. I dumped everything out of I into G

 

[sugarandspice]

I fund +.21 C fund -.07 S fund -.06

 

[LA_Guy]

How did you manage to obtain those numbers before tsp.gov posted on their website?

 

[Gilligan]

How did you manage to obtain those numbers before tsp.gov posted on their website?

Sugar might have called the thriftline.

Two hours into Fridays trading the NIKKEI is up about 1%. Could be another up day for the I-fund.

http://quote.bloomberg.com/apps/news?pid=10000006&sid=aUDqJSERcKLQ&refer=home

 

[Fivetears]

Just In...

U.S. Treasuries Head for Third Weekly Decline on Concern About Jobs Report.
http://www.bloomberg.com/news/markets/bonds.html
Could be good for the I-Fund investors.

 

[mlk_man]

If the US markets keep going down and the Internationals keep going up, if could be "fair valuation" time.....................:blink:

 

[nnuut]

MCSI 0.0090%, WHAT'S UP WITH THAT??????????? Peanuts, Chicken Feed. :notrust:
DOLLAR UP< UP< UP!
Well, they don't have to worry about me timing that!! EFA up 1.31% @ 15:00 EST! MCSI .009% CACA!!!, There best be a large revaluation, but I doubt it. We need to wip some butt!

 

[LA_Guy]

Darn it!! I bailed out of I-fund today too. That MCSI number sure looks suspicious to me.