Playing the I fund

Dollar off slightly today.

CAC and DAX edged lower, FSTE closed.

Yes, it loks like a few pennies in our favor in the "I" fund, but we'll have to wait until we see what tomorow brings.
 
Fivetears said:
I thought it was the NIKKEI 225 that affected the I Fund? :confused:
Fivetears,
TSP has changed their I-fund page, it used to have the Nikkei 300 listed.

I picked up a TSP book from HR, “GUIDE TO TSP INVESTMENTS”. Its about 54 pages long, blue and white in color, dated August 2002. On page 31, about the middle of the page it says:

“BARCLAYS EAFE INDEX FUND – The EAFE Index Fund holds common stocks of all the companies represented in the EAFE index in virtually the same weights as they are represented in the index. A portion of EAFE Index Fund assets is reserved to meet the needs of daily client activity. This liquidity reserve is invested in a combination of certain national equity index futures contracts of the countries in the index, including, for example, FTSE 100 (United Kingdom), DAX (Germany), CAC 40 (France), ALL ORDS (Australia), Nikkei 300 (Japan), and Hang Seng (Hong Kong) index futures contracts.”

This paragraph is about futures contracts, but the 300 was the only Nikkei that I saw in the TSP materials. I don’t know why they changed up their fund sheet, perhaps they are just giving us the mushroom treatment to discourage us from timing the I-Fund.
 
http://www.iht.com/articles/2006/05/29/bloomberg/bxbux.php
SYDNEY The dollar rose slightly Monday as traders awaited industry reports that economists predicted would signal a slowdown in the pace of expansion in the United States.

The euro is expected to rise on speculation that the European Central Bank will lift interest rates this year at a faster pace than the Fed, based on growing economic optimism in Europe.
 
Then... the NIKKEI 300 it is, little buddy. Thanks.
I had checked the TSP Fund Sheet on line and didn't find any specific fund called out; just general percentages by country.
http://www.tsp.gov/rates/fundsheet-ifund.pdf
Gilligan said:
Fivetears,
TSP has changed their I-fund page, it used to have the Nikkei 300 listed.

I picked up a TSP book from HR, “GUIDE TO TSP INVESTMENTS”. Its about 54 pages long, blue and white in color, dated August 2002. On page 31, about the middle of the page it says:

“BARCLAYS EAFE INDEX FUND – The EAFE Index Fund holds common stocks of all the companies represented in the EAFE index in virtually the same weights as they are represented in the index. A portion of EAFE Index Fund assets is reserved to meet the needs of daily client activity. This liquidity reserve is invested in a combination of certain national equity index futures contracts of the countries in the index, including, for example, FTSE 100 (United Kingdom), DAX (Germany), CAC 40 (France), ALL ORDS (Australia), Nikkei 300 (Japan), and Hang Seng (Hong Kong) index futures contracts.”

This paragraph is about futures contracts, but the 300 was the only Nikkei that I saw in the TSP materials. I don’t know why they changed up their fund sheet, perhaps they are just giving us the mushroom treatment to discourage us from timing the I-Fund.
 
All the way down to $19.29.. .......25 cent loss Obviously some sort of FV took place. Around a .17 cent adjustment. That might be worth trying to pick up. Now "they" owe it back.
 
sugarandspice said:
All the way down to $19.29.. .......25 cent loss Obviously some sort of FV took place. Around a .17 cent adjustment. That might be worth trying to pick up. Now "they" owe it back.

Yeah, that's why I'm still 100 (I).

Really hard to gauge when to pull out. Again, I bought in @ 19.10. So I won't consider pulling out until and if we hit that price.
 
So it continues, kinda like sympathy pain.


NIKKEI 225 05/31 10:43
sp.gif
-282.02
sp.gif
sp.gif
sp.gif
http://www.nni.nikkei.co.jp/

Australia down over -1% and Hong kong at -.66%

http://money.cnn.com/data/world_markets/
 
Well, it seems we are reaching some sort of impasse between the "market" and the Worlds Central Bankers. It seems that the Central Bankers are playing a little bit of hardball reference interest rates and money supply. The market is wanting more of the juice and the bankers don't want to supply it at a faster rate, thus a brutal liquidity drain(15% or more) could take place over the next few months in both stock and bond markets(actually all markets). Until I get a much more clear direction of the impending iceberg the CB's want to steer our ship toward, I'll have to take some sort of refuge even if it means giving up some purchasing power. Good luck all.

I will be transferring 100% to G before the deadline today.
 
roguewave said:
Well, it seems we are reaching some sort of impasse between the "market" and the Worlds Central Bankers. It seems that the Central Bankers are playing a little bit of hardball reference interest rates and money supply. The market is wanting more of the juice and the bankers don't want to supply it at a faster rate, thus a brutal liquidity drain(15% or more) could take place over the next few months in both stock and bond markets(actually all markets). Until I get a much more clear direction of the impending iceberg the CB's want to steer our ship toward, I'll have to take some sort of refuge even if it means giving up some purchasing power.

I assume that you didn't pull this out of thin air. Any squeezing of the money supply would have HUGE implications since our big stock market runup over the past several years has been (arguably) largely enabled by open spiggots at central banks.

What are you basing all this on??
 
Pilgrim said:
I assume that you didn't pull this out of thin air. Any squeezing of the money supply would have HUGE implications since our big stock market runup over the past several years has been (arguably) largely enabled by open spiggots at central banks.

What are you basing all this on??


My Degree in Economics with some emphasis in International Finance. Plus, I do a lot of cross referencing to check my own set of delusions. Here's a couple of excellent reads as of late:

http://www.atimes.com/atimes/Global_Economy/HE27Dj01.html

http://www.[[financialsense.com/fsu/editorials/dorsch/2006/0523.html

Most Journalists are idiots and know nothing about real market economics(maybe that's the point), consequently, I weed out about 90% of what passes as financial and economic commentary. This could all change on a dime, so pay attention.

Good luck.
 
roguewave said:
My Degree in Economics with some emphasis in International Finance. Plus, I do a lot of cross referencing to check my own set of delusions. Here's a couple of excellent reads as of late:

http://www.atimes.com/atimes/Global_Economy/HE27Dj01.html

http://www.[[financialsense.com/fsu/editorials/dorsch/2006/0523.html

Most Journalists are idiots and know nothing about real market economics(maybe that's the point), consequently, I weed out about 90% of what passes as financial and economic commentary. This could all change on a dime, so pay attention.

Good luck.

I truly appreciate your in-depth analysis and will try to read your citations as soon as possible. Please keep your opinions posted. .
 
WHY has there been no outcry about Bernake's decision to cease publishing M3?? Has the public not been told that this means that the Fed can do what it wants with the money supply and no one will know until later? Has no journalist stepped up and asked "What are they trying to hide?"
 
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