Playing the I fund

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Actually, I suppose the two effects cannot be EXACTLY equal. The countries and weighting in EAFE are different than in the dollar index. What we need is another index that I don't believe to be publicly available, but which I strongly suspect the TSP gods have and use to determine fair valuation: a dollar index using currencies from the same countries as EAFE weighted in the same proportions. TSP may calculate this themselves or perhaps get it from Barclays, but I have searched and not found it.
 
Pilgrim said:
Actually, I suppose the two effects cannot be EXACTLY equal. The countries and weighting in EAFE are different than in the dollar index. What we need is another index that I don't believe to be publicly available, but which I strongly suspect the TSP gods have and use to determine fair valuation: a dollar index using currencies from the same countries as EAFE weighted in the same proportions. TSP may calculate this themselves or perhaps get it from Barclays, but I have searched and not found it.
Click to expand...

Whatever it is, it is done by Barclays, not TSP. (At least this is what I understand from the TSP website).
 
S&S- that's about right, 19.99 w/o FV, I'll assume wheels is right and were looking at something close to breaking even.

However, in no way should this be interpreted as indication of support.
 
Profit taking huh? Maybe the last chance to cut their losses and "GET OUT"?
YAHOO.COM Market Update

Market Update 4:20 pm : What was shaping up to be a respectable bounce in the aftermath of yesterday's broad-based drubbing lost steam going into the close, as many of the market leaders behind this year's early stock rally succumbed to more aggressive profit-taking.
Before the bell, a sense that Wednesday's CPI-induced sell-off was overdone renewed some enthusiasm for stocks and even helped bonds regain some noticeable upside momentum. To wit, the yield on the 10-yr note fell 8 basis points to 5.06%. Nevertheless, the rate-sensitive Financial sector's failure to take advantage of falling bond yields merely exacerbated lingering concerns about building inflationary pressures slowing economic expansion and potentially ending to 11 straight quarters of double-digit profit growth. Energy's inability to take advantage of a 1.1% rebound in the price of crude also added to the growing realization that Energy sector profits are unlikely to increase at the same pace as over the past year. Adding to today's struggles to keep sellers on the sidelines for the first time in several sessions was the inability by the Dow, S&P and Nasdaq to find support above key technical levels of 11174, 1267 and 2189, respectively.
The Dow initially found some modest support from Home Depot (HD 38.41 +0.40), which expanded its stock buyback program by $2.0 bln, and Hewlett-Packard (HPQ 32.48 +0.32), which was upgraded by Morgan Stanley. However, the temptation to lock in more gains, especially from three of the biggest reasons the Dow flirted with all-time highs last week -- Boeing (BA 82.73 -1.04), Caterpillar (CAT 74.62 -1.29) and United Technologies (UTX 62.66 -1.09) -- weighed heavily on the price-weighted index.
The Nasdaq got an early boost from Dell (DELL 23.95 +0.32)
 
nnuut said:
Profit taking huh?
Click to expand...

Yeah, when the market is down over 400 points in the past 6 trading days you have to expect some profit taking. That's normal.
 
Nikkei bounces back upward- now down only 30. Is the floor here?

Could this be the turnaround that gives the "I" fund support?
 
http://www.bloomberg.com/apps/news?pid=10000100&sid=aL0Q2IW0iNxs

``A stronger yen has been pushing down the Nikkei, so the government may start pressuring the BOJ not to have a premature rate hike,'' said Tokyo-based Tetsu Aikawa in the marketing and sales department for currency and derivative products at Bank of Tokyo-Mitsubishi UFJ Ltd., a unit of the world's biggest lender by assets. ``That may push down the yen, especially as the currency's gain in the past month was excessive.''

The yen may fall to 113 this month, he forecast.
 
I think the bloodshed is over.

I jumped back into stocks at the close yesterday- now sitting with 30% "G", 20% "S" , 20% "C" and 30% "I". Will be looking to see which has the strongest comeback, and then will plow the remainder of what is now holding in "G" into whichever begins with the most momentum up.

I think that was a wonderful pullback- More than 7% on a couple of them- and I got into "G" just about the right time to sit by and watch the fall.

Fundelmentals are much better now than two weeks ago. I see us going higher from here, unless we get another couple days of slightly lower. We'll see.
 
I took only half of a beating this week as I pulled 50% off the table in G and left 50% in the I fund.
I will most likely put the 50%G to work today, for Monday’s opening.
 
Nikkei 225 up solid on the open today.

However, dollar also getting stronger.

Watch ewhar happens in Europe for indication of what "I" will do.

I think we've hit the bottom, and are now moving back positive.

Unless, of course, it's the dead cat.

One or two days for the smoke to clear and I'll move more agressive.
 
Not waiting for any smoke to clear, I am now going back to 100% I.
I rode it down for a few days, then got out as it continued its fall. Hopefully we'll see it climb back!
 
Don't forget there were a couple of FV's last week. I didn't analyze it closely but a cursory look tells me the fund owes about 15 to 20 cents.

Dave
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