Playing the I fund

[robo]

OUCH IN MY ROTH!


UNPIX $28.39 (1.99) (6.55)

UUPIX $26.29 (1.80) (6.41)



http://www.profunds.com/prices/current.asp

 

[Wizard]

Australia down 97 points.

 

[Wizard]

BTW, for the record, Tom never told me who complained that I had "disrespected" them when I was moderating.

The list is endless.

Don't blame it on fivetears. The one that complains is normally the one you least suspect.

 

[mlk_man]

LOL, Wiz, don't go there. Remember, I'm not a moderator anymore. ........

 

[Wizard]

LOL, Wiz, don't go there. Remember, I'm not a moderator anymore. ........

Just let it roll off. You are too busy being "The Tracker" anyway. There is all ways a bright side.

 

[mlk_man]

Of course he was quick to end my "privaledges", but that's to be expected.

Holy cow, I must have the MT dicktionary.............

 

[pointman72]

Looks like both Australia and Japan is down 2%, this could be ugly.

 

[mlk_man]

Wiz, are we up for a nickel bet tomorrow?

 

[mlk_man]

Looks like both Australia and Japan is down 2%, this could be ugly.

Pointman, I think that would be expected after today.

 

[Wizard]

USD up .32% in Asia.

 

[robo]

Looks like both Australia and Japan is down 2%, this could be ugly.

Pointman72,

Brother, I can't take too much more of this ugly! Did Tom get in the Market today? If he did look out below!

 

[nnuut]

This is really getting NASTY now!! May the force be with us.

NIKKEI 225

-345.29

Nikkei Index FAQs http://www.nni.nikkei.co.jp/

Australia -1.95%
http://money.cnn.com/data/world_markets/

 

[Fivetears]

NIKKEI is a hail storm!
-2.02% at this moment.
http://money.cnn.com/data/afterhours/
http://www.nni.nikkei.co.jp/CF/FR/MKJ/

 

[Fivetears]

YOu know what I love, seeing the Wiz and Fivetears come back at the same time.

Truth be known, I stopped being moderator because of Fivetears.

Had to put that out there because a duck is still is still a duck...............

I love you to MM :nuts:

 

[Fivetears]

BTW, for the record, Tom never told me who complained that I had "disrespected" them when I was moderating. He did say he backed me up and I believe him. Of course he was quick to end my "privaledges", but that's to be expected.

Anyway, welcome back Fivetears, good to see ya again...........

GREAT!
I never left MM... I just figured it was best to walk away from active posting for awhile, and just let things fade away. Also learned I needed to grow some thicker skin to "play" in this community, and not be too serious about disagreement's. Call it all a self imposed "Time-Out." I'd reach out to shake your hand... if I could.

 

[frokker]

I can't take anymore of this sinking I fund. Time to jump ship for a bit into G. I rode it down far enough waiting for a bounce that has yet to happen.

 

[Fivetears]

The NIKKEI hail storm seems to be letting up a little; only down -1.45%
Wonder if ol' ICHIRO heard about any of the I Fund carnage on his Southeast Asia walkabout?
The US markets are in a slight pre-market green.

 

[Griffin]

After a day like yesterday, it is reasonable that periods of bullish behavior in select markets appear. This is short money looking for a home, any place to get a drink and nervously laugh off the week. However, the behavior changes in the market over the last couple of months make those old two year support levels questionable - something different has been at work in the minds of investors globally. The indicies will have to agree on a set of support levels and start fresh. This may take awhile and it may not look like the last two to three years.

My opinion: No grand thesis but and underlying acknowledgment that the rule sets that drive geopolitics and monetary conditions are changing. Time to take a breather, lick your wounds, and patiently wait for things to settle down.

 

[Wheels]

In case it was lost on anybody, Barclays did an FV last night, so if you are in the I fund, it owes you about twenty cents. So even with the Far East getting hammered, a dip in the dollar and a flat Europe should net you I funders a small gain for the day.

Dave
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[Pilgrim]

I'm seeing more and more commentary, from published sources that are increasingly mainline, talking about the dollar coming down fast and hard in the next few months. Anyone have a feel for how fast it can fall without crashing foreign markets and negating any gains for I fund?

And are the two effects exactly the same, i.e if there is a 1% fall in the EAFE index and a 1% fall in the dollar index on the same day, do they exactly cancel out or is one effect stronger?