Playing the I fund

[Show-me]

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!!

Glad to hear from ya and thanks.

 

[Master]

I got back into the I fund today, with the hope of squeezing a few more cents ahead of the I performance.

Today, the MSCI has the EAFE at -0.706%, about a 14 cents loss. The I fund should close at 19.42 or so. That is 4 cents ahead (one from G and three from selling at 19.45).

 

[LA_Guy]

I bailed out of I-fund this morning and will be 100% in G after COB. The Bears are coming out of their winter hybernating so be carefull. I'll wait to see how the market react to the upcoming waves of earning before jumping back into the stocks again. Good Luck!!!

 

[Pilgrim]

Hate to grasp at straws, but has anyone got any historical data to show that the trading day before Good Friday is unusually good for either U.S. or European stocks??

 

[Robo5555]

No data on good friday. In 2004 the I fund was $13 and change and in 2005 it was $15 and change. Now we are at $19 dollars and change which is double the gain in within the last 12 months compared to the previous year. I know this does not answer ur question but is all I have.

 

[Robo5555]

Another observation. In June 2003 all funds were at about .25 cents from each other. $9.97 F to 10.17 I fund and the other ones in between. The I fund almost doubled by now outperforming the other funds a long way.

 

[tsptalk]

Hate to grasp at straws, but has anyone got any historical data to show that the trading day before Good Friday is unusually good for either U.S. or European stocks??

I'll have it in Wednesday's market comments.

 

[robo]

Japan is down. If the I Fund looks to be down again tomorrow I'll be buying some I Fund again.

Good Trading/Investing. Still looking for a good trading trend to go long.

Made some money shorting the Russell 2000 this week. The first time for me going short.

 

[sugarandspice]

-.668 in today. I think a nice little run could be setting up here.

 

[LA_Guy]

4 consecutive down days for I-fund so you might be right. I-fund will have a good chance going positive tomorrow.

 

[sugarandspice]

I deliberately waited 1 day to let that trade report settle. It might not matter though.

 

[Master]

Early numbers are looking good for the I fund. The bleeding stops.

The Nikkei has a +0.21% gain with only a -0.01% slide of the dollar/yen.
The FTSE shows now a +0.07% gain with a +0.09% strengthening of the dollar/euro.

 

[Robo5555]

Thanks Master. That's good news.

 

[vectorman]

For those who are on the I fund ride this weekend. I was looking at the EFA chart, check out the volume yesterday. Also, the Euro is sitting on some support today. The charts for the FTSE, ^N300 and DAX appear really for a bounce. The I fund could finish up tomorrow, and with most of the overseas markets closed on monday, if the U.S. markets tank, you still have a chance to make a IFT monday before the overseas markets follow any U.S. down day.

http://finance.yahoo.com/q/bc?s=EURUSD=X&t=2y&l=on&z=m&q=l&c=

http://uk.finance.yahoo.com/q/bc?s=^FTSE&t=6m&l=on&z=m&q=l&c=

http://finance.yahoo.com/q/bc?s=^GDAXI&t=6m&l=on&z=m&q=l&c=

http://finance.yahoo.com/q/bc?s=^N300&t=6m


" Europe's main indices were to close on Friday and next Monday owing to the Easter festivities "
http://uk.biz.yahoo.com/13042006/323/european-shares-rise-easter-break.html



http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=EFA

 

[Pilgrim]

Brings up an interesting question. U.S. markets are closed tomorrow, what about Japan and Europe?? I am in the I fund today but IFTed to G before noon, effective Monday??? What does that mean for the I-Fund between now and then. If foreign markets are open tomorrow and the dollar is being traded, when do I have I-fund exposure and when does that exposure end? Will the price of the fund be set this evening and not change until Monday evening and therefore bear the impact of tomorrows action as well as Monday's?

 

[sugarandspice]

Your IFT for today should be effective for tomorrow. But if you make one tomorrow it will not be effective until COB Monday.

 

[LA_Guy]

Couldn't resist my temptation so I'm back on the saddle again. Giddy up I-fund!!! Let's go for a ride.

 

[Robo5555]

Looks like we got 2 pennies today.

 

[mlk_man]

Looks like we got 2 pennies today.

That's more than I've made all week!!! LOL

 

[Master]

Brings up an interesting question. U.S. markets are closed tomorrow,...

Recently, we had a similar situation....
On Dec. 30, the I fund closed at 17.59 (having myself bailed out a couple of days earlier). On Jan. 3, the I fund closed at 18.17. Sometimes it pays being in the market, but sometimes it doesn't. However, I think the I fund is the best investment today that we have available long-term. I remain bullish for I.