Playing the I fund

Dollar rises on news that ECB will not raise rates today. This appears to be a feint of strength seeing as though everyone knew that ECB would not raise the rates in 2 consecutive sessions, the result was 100% expected and accounted for. Look for the ECB to raise rates in may due to rising inflationary pressures across the 12-nation Euro, with an emphasis on Germany. ECB to make statement about the decision later in the day. I feel that the dollar could very well lose the ground it gained, later today. In my humble opinion, the dollar is still heavy and has room to fall.

European markets appear to be without direction, most likely to end flat. It seems to me that the Nikkei will steam on and that Europe will rally on friday, lets hope for oils to stall.

I will not move from my prior allocation of (95%I - 5%F).

On a side note, it seems that the DWCPF is in somewhat of a sideways correction at the moment, and is due strength. It's anyones guess right now (as usual) if the US markets will end in positive territory. I will wager that they end down, though I will not wager my allocation.

For a great article on the EUR/USD and other currency exchanges, read - http://biz.yahoo.com/fxcm/060406/1144338541.html?.v=1

Trade safely.
 
dell said:
MAN!!!! Look at that drop in the I Fund!!!

Don't worry!! I-Fund is doing their normal dancing routine. Two steps forward and one step backward. :)
 
Dell, do you notice that the "I" is basically following the "C" and "S". At this time the overseas markets in Europe and Asia are CLOSED. What is the "I" doing, DEAD RECKONING? :confused: They already know the status of the overseas markets. IMHO, GAMES!!:notrust:
 
Though the EFA tracks the (EAFE) funds, it is an entity of it's own. As you know it trades on US market time. Further currency fluctuations, US news, and global expectations drive the EFA to deviate from the EAFE on a daily basis. In the long run, they will more or less correlate with eachother but rarely does the EFA run flat after EAFE close.
 
Big investors may pull back from US stocks - study
Wed Apr 5, 2006 3:55 PM ET
NEW YORK, April 5 (Reuters) - U.S. institutional investors funded part of their growing appetite for international equities, real estate and alternative asset classes by shifting out of domestic bonds in recent months, a new study shows.
The next to suffer in that allocation shift may be U.S. stocks, according to the study from financial research firm Greenwich Associates.

http://yahoo.reuters.com/stocks/QuoteCompanyNewsArticle.aspx?storyID=urn:newsml:reuters.com:20060405:MTFH82223_2006-04-05_19-56-30_N05364823&symbol=.SPX&rpc=44
 
Rod said:
that 20% should be simply "play money" to you by now and not really hurt you much once it does drop.:D

Don't you just love "play money" on days like this, LA_Guy?;)
 
Yup, sure glad it was only play money :) . MSCI reported (0.849%) loss so it's not too bad.
 
I expect a bit more of consolidation to around 19.2Xs before bullying into 20s later this year. The I fund was quoted at 19.55 late today.
 
Global Markets May Be Ready for Reverse After Three-Year Rally
http://www.bloomberg.com/apps/news?pid=10000016&sid=aCTgG0WdXNpI&refer=world_indices

http://www.bloomberg.com/apps/news?pid=10000104&sid=aeAQxxbZ6UWk&refer=world_indices

It just means a buying Op might be coming soon if it happens. I'm sticking with the I Fund longer term. Sold last week after some gains and waiting to get back in. I also sold my Emerging Markets that was up over 20% YTD. It needs a rest, but I said that last year and it just kept going up. Thats ok for this conservative investor; I'm not greedy.

http://www.americancentury.com/funds/fund_facts.jsp?fund=043
 
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Overnight Asian markets appear down with Japan, Singapore, and Australia particularly hard hit.

Dell
 
I had 70I, 30G, until I went 100%G Thursday before the Friday sell-off. I read a bunch of stuff on these forums and other sites, but wish I could point to one thing as to why I buy or sell other than a gut feeling. My portfolio ending first quarter has yielded 7%. Most of that I think has been do to luck guessing what the market will do next, so far, so good.:o
 
Brett said:
I had 70I, 30G, until I went 100%G Thursday before the Friday sell-off. I read a bunch of stuff on these forums and other sites, but wish I could point to one thing as to why I buy or sell other than a gut feeling. My portfolio ending first quarter has yielded 7%. Most of that I think has been do to luck guessing what the market will do next, so far, so good.:o


7% is great. Nothing wrong with going with your gut if you’re beating the S&P or making your goal. Sometimes the more I know about the market the more confused I make myself. You’re doing fine. At least you are actively participating in your retirement. That's better than sitting in the G fund or losing money.

Good luck.:D
 
Show-me; Sorry about that pre-mature message,.. but I have watched for sometime and listening to you guys,.. but I will say your thoughts are mine exactly. thank all you guys for wonderful input. God Bless America!!
 
I think the I fund will likely lose a little bit, as the USD is up some after Fridays close. However, I still have lots of difficulty making sense of this and projecting an accurate result.
 
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