Playing the I fund

[Fivetears]

Yawn...:blink:
The NIKKEI finished at -211.94 (-1.43%).
The AORD finished at -39.100 (-0.80%).

 

[Birchtree]

Sponsor,

You sound very reasonable. However, you could be buying the I fund at $20.95 rather than under $18.40. So it's good to recognize the value of timing or fate. You are getting excellent pricing (IMHO) and if you plan to stay awhile and ride the cycle back up - profits await. Expectations on the timing of the first rate hike from the Bank of Japan are in the process of being reassessed. This keeps the yen on the defensive.

Also adding to the yen's woes, China's central bank moved last Friday to raise commercial banks' reserve requirement ratio by a half percentage point July 5. The move comes amid fears of an overheating economy and as the central bank moves to tighten monetary policy. You may stay bottom bumping awhile so you may want to consider dollar cost averaging your contributions to accumulate even more shares while you wait for tomorrow to arrive.

 

[airlift]

Sponsor,

You sound very reasonable. However, you could be buying the I fund at $20.95 rather than under $18.40. So it's good to recognize the value of timing or fate. You are getting excellent pricing (IMHO) and if you plan to stay awhile and ride the cycle back up - profits await. Expectations on the timing of the first rate hike from the Bank of Japan are in the process of being reassessed. This keeps the yen on the defensive.

Also adding to the yen's woes, China's central bank moved last Friday to raise commercial banks' reserve requirement ratio by a half percentage point July 5. The move comes amid fears of an overheating economy and as the central bank moves to tighten monetary policy. You may stay bottom bumping awhile so you may want to consider dollar cost averaging your contributions to accumulate even more shares while you wait for tomorrow to arrive.

Birchtree,

I want to thank you for your good advise regarding the accumulation of additional shares and keeping a longer term outlook. I am with you, and I do plan to stay here for the greater part of the second half, because I am convinced that dollar weakness will continue during the second half of 2006 due to structural problems in our economy such as the deficits, etc.

Nevertheless, I will maintain flexibility; and, in case the circumstances should indicate that an overbought market is inevitable, or if some other crisis or important problem were to appear on the horizon, I would sell some portion of the riskier funds, and stay in the G-fund until the negative conditions subside.

 

[Gilligan]

+ .217% today or .04 cents to $18.44

 

[ocean]

Gilligan,

Right on target. What is the formula to figure it out before the market close?

Ocean

 

[ebbnflow]

Just go to the site below, and on the left-side, click on Equity Indices. Then look for the daily value of EAFE. Make sure to put the correct date, and check after 3:00 P.M. ET. There might be a better site out there.

http://www.msci.com/

 

[Gilligan]

Gilligan,

Right on target. What is the formula to figure it out before the market close?

Ocean

Formula? You take one coconut, drill a hole and empty the coconut milk in a tall glass of ice, sit back in your hammock….. OH, you mean the I-fund!

Ebbnflow nailed it. Morgan Stanley used to have the returns posted by 2:00pm ET but the last few days they have been taking longer to post.

http://www.msci.com/equity/index2.html

 

[airlift]

Just go to the site below, and on the left-side, click on Equity Indices. Then look for the daily value of EAFE. Make sure to put the correct date, and check after 3:00 P.M. ET. There might be a better site out there.

http://www.msci.com/

Thanks for the website. I read you indicated to put the correct date and to check after 3:00 P.M. But I noted that there is no place to input information. There are daily values in U.S. dollarsand other info to the right of EAFE FREE. Please clarify this.

 

[Gilligan]

Thanks for the website. I read you indicated to put the correct date and to check after 3:00 P.M. But I noted that there is no place to input information. There are daily values in U.S. dollarsand other info to the right of EAFE FREE. Please clarify this.

http://www.msci.com/equity/index2.html
Use the EAFE figure on the top line, in US Dollars, daily. The box marked “As of Date” is usually yesterdays date. You can either change the date manually and click GO or click on the small calendar to the right of the date box and click on todays date.

Hope that was clear enough,
Gilligan

 

[ocean]

Thanks Ebbnflow and Gilligan

Ocean

 

[Fivetears]

The NIKKEI is at -29.82 (-0.20%) as post time stamped.
The AORD is at 45.500(1.00%) as post time stamped.

 

[Fivetears]

The NIKKEI is at -4.15 (-0.03%) as post time stamped.
The AORD is at 53.600 (1.11%) as post time stamped.

 

[ebbnflow]

At one point NIKKEI was down over 100 points

. Must have rallied down the stretch.

 

[airlift]

Does someone have a recollection of how the I-fund has behaved before and after the last 2 or 3 FED interest rate hikes? Any ideas what to expect this time around?

 

[The_Technician]

Does someone have a recollection of how the I-fund has behaved before and after the last 2 or 3 FED interest rate hikes? Any ideas what to expect this time around?

I can't answer that right now, but I believe that the dollar is weakening for the short term though.....that will help the I go up....

 

[airlift]

I can't answer that right now, but I believe that the dollar is weakening for the short term though.....that will help the I go up....

Thanks for your input. You see I have some dry powder left and am trying to calibrate the best entry point. I know that a rally appears to be in progress, but if there is a chance of buying more shares for a better price I would like to do so.

 

[fabijo]

Alright! Looks like the EAFE index is up about .42%, add the decline of the dollar and we could see at least a +1% in the I fund today.

 

[fabijo]

Alright! Looks like the EAFE index is up about .42%, add the decline of the dollar and we could see at least a +1% in the I fund today.

Man, I was way off! I fund up +.367%

 

[Robo5555]

Maybe way off... but thats still about 7 pennies for the I funf. Pluses are always good.

 

[Robo5555]

Wonder how the C & S Funds will perform today.......