Playing the I fund

Griffin said:
I usually do....I'm still wondering where Master got -.27

Master got that number as the site quotes (0.27), thus (0.27) means -.27%. Brackets mean negative, no brackets, positive. As the USD is sharply down today, we will likely get a FV adjustment negating this negative quote and may even show a penny or so return.
 
SkyPilot said:
Master got that number as the site quotes (0.27), thus (0.27) means -.27%. Brackets mean negative, no brackets, positive. As the USD is sharply down today, we will likely get a FV adjustment negating this negative quote and may even show a penny or so return.

They're always pullling that crap
 
yeah, we don't get a lot of whining when FV means profit, it's only a conspiracy when we get the hammer. D*mn the Bilderbergers!
 
During most of the day, the MSCI website defaults to the full returns page, which typically corresponds to the returns of the prior day. You need to click on the calendar and input the present day. About by 11 am (CST) of a trading day, you will see the results from Asia. The EAFE result is posted around 2 pm (CST). As indicated earlier in the thread, Fair Valuation (FV) will occur if there are significant changes in the value of the dollar by the US market closing, or a significant financial bomb in the US market during that interval.


The TSP website just published the 5 cent loss for the I-fund. .. Current value 20.17/share
 
Master,

You are worthy of your avatar:D ....I have tried this in the past with no success but I will be more tenacious in the future!
 
Not the bargain I was hoping for, but I've been waiting for internationals to hit the doldrums for a long time now and it doesn't appear to be happening...
 
Nikkei RSI is falling into oversold. She's ready to pop, but I would expect the weak dollar to take yet another toll on her before she does.

European markets look a bit overbought but may rally on tuesday regardless, as they are closed mayday. ^FCHI shows potential for gains. I am still expecting the dead baby bounce on the USD and some lockup before this rate hike.
 
Nikkei will be open monday and tuesday but closed the rest of the week for holidays.

May 3 Constitution Memorial Day
May 4 A national holiday
May 5 Children's Day

FTSE will be closed monday, as will most of Europe.

Trade safely.
 
http://yahoo.reuters.com/stocks/Quo...6-04-30_23-36-22_T174475&symbol=MSFT.O&rpc=44


Tokyo stocks seen flat before holidays, yen eyed
Sun Apr 30, 2006 7:36 PM ET

TOKYO, May 1 (Reuters) - Japanese stocks are expected to move little on Monday, with investors holding back before the start of a series of national holidays, though technology firms and other exporters may be hit by a rise in the yen.

Technology firms may also face added pressure after shares of Microsoft Corp. (MSFT.O: Quote, Profile, Research) slid more than 11 percent in U.S. trade on Friday after its earnings disappointed investors.



Matsushita Electric Industrial Co. (6752.T: Quote, Profile, Research) may be in focus after it posted its highest annual profit in 15 years. However, the maker of Panasonic products also forecast a smaller-than-expected rise this year.

Japanese investors are likely to hold back out of concern of what may happen in key foreign markets while Japan is on holiday, said Yutaka Miura, deputy manager of equity information at Shinko Securities.

Japan's markets will be open on Monday and Tuesday this week.

"U.S. markets will have four days of trade once Japan is closed ... I don't expect that we'll be seeing the (Tokyo) market move much at all," Miura said.

"The currency level has moved into the 113 range, so that is also likely to keep stocks from advancing," he said.

The yen <JPY=> rose to 113.64, a three-month high, against the dollar on Friday abd was trading at around 113.72 early on Monday.

A stronger yen is a minus for firms that make the bulk of their profits outside Japan, as it eats into profits when earnings from abroad are brought home.

Traders expect the Nikkei average <.N225> to move between 16,800 and 17,000 on Monday. On Friday it fell 1.22 percent to 16,906.23, its lowest close in a month.

U.S. tech stocks ended lower on Friday, after Microsoft's profit forecasts pulled down the major indexes. The Dow Jones industrial average <.DJI> gave up 0.14 percent, while the Nasdaq Composite Index <.IXIC> lost 0.95 percent.

In Chicago, Nikkei futures expiring in June <2NKM6> closed at 16,935 a decline of 45 points from the Osaka <JNIc1> finish.

STOCKS TO WATCH

-- Toshiba Corp. (6502.T: Quote, Profile, Research).

The electronics firm posted a 70 percent rise in annual net profit on Friday, helped by flash memory operations, but it fell short of expectations with a forecast of slower growth this year. [ID:nT143356]

-- Nomura Holdings Inc. (8604.T: Quote, Profile, Research).

Japan's biggest brokerage reported a better-than-expected fivefold rise in quarterly profit on Friday as its underwriting businesses flourished and its merchant banking arm booked a windfall gain. [ID:nT143537]

-- NTT DoCoMo Inc. (9437.T: Quote, Profile, Research).

Japan's top mobile operator reported a higher full-year profit as it cut costs and added customers to its advanced network, and it forecast a smaller-than-expected profit decline this year. [ID:nT142349]

-- All Nippon Airways Co. (9202.T: Quote, Profile, Research).

Japan's No.2 airline posted a better-than-expected 14 percent rise in full-year operating profit but forecast a bigger reduction this year than the market projected on rising fuel prices. [ID:nT149928]

-- Suzuki Motor Corp. (7269.T: Quote, Profile, Research).

The Japanese auto maker reported a smaller-than-expected 5.9 percent rise in annual operating profit on Friday, though sales were healthy worldwide, and projected little change in earnings for the current business year. [ID:nT165822]

-- SUMCO Corp. (3436.T: Quote, Profile, Research)

The chip firm may build a new silicon wafer plant but no final decision has been made, a spokesman said on Friday in response to a report the company planned a 300 million yen ($2.6 billion) factory in southwestern Japan.
 
"I" fund looking good this morning.

Dollar is down, many markets are closed. But those international markets that are open are showing solid gains on the upside.

Looks like a green day for the I fund to me.

Another note-
I read Tom's discussion this morning of why he is being hesitant on stocks. And when I think about it, he may have a good point. We've had a nice rally upward the last several months, and it just might be a good time to move some into "G" and lock in the profits, and wait for a major downturn.

The only thing preventing me at this moment from following that path is the contiuned slide of the dollar, and the potential upside of the "I" fund here as a result. So I stay in, at least for now.

Keeping my fingers crossed......
 
While it is usually true that after a run up, it is good to "lock in" profits, it would be a "risky" move if you are convinced that there is significant upward potential left.

The I fund may be poised to continue a run-up to way past 20% (maybe 35-40%, dare I say it?) this year. So, I am trying to allocate on what I beleive the market most likely will do, not so much on what it has already done (though, recent behavior may help indicate near term movement).

If there appears to be a window where a pullback is likely, and I feel there is enough margin to get out and back in, I may pull a stunt, however, these usually fail as often as they work, actually, more often result in failure, sorrow and tears.
 
Master,

I pulled the calendar trick at MSCI, and most of the numbers are coming up N/A. Is this typical? suggesting the numbers are not available yet or does this mean MSCI is not running the numbers due to the foreign market closures today?
 
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