Playing the I fund

Wizard said:
I do not like the fair value adjustments. I think an index fund should track an index fund. But that is me.
Unless it works in your favor. ;)

The dollar closed at the lows of the day with stocks obviously rebounding late. It should be a FV party.
 
Wizard said:
EAFE (.758%) for today.

That "should" be around a .15 hit to the I fund.

Lets spin the wheel and see what the folks at TSP say later.......:blink:

Ok, it may be.....19.34..... that was a brief ride up......
 
Japan is not buying that POS 7B marketcap KLAC says fourth quarters bookings are "looking good" rally. :worried:
 
Japan came back after the sushi break with selling on their mind.

Down 254 points.
 
Looks like the Dollar is gaining against both the Yen and the Euro. If it keeps up, we may not only be down from today's loss, but correcting yesterday's FV would give us a little gap down.
 
fabijo said:
Looks like the Dollar is gaining against both the Yen and the Euro. If it keeps up, we may not only be down from today's loss, but correcting yesterday's FV would give us a little gap down.

Trade data just in, dollar is responding by moving up even more. Bonds falling.
 
Pilgrim said:
Trade data just in, dollar is responding by moving up even more. Bonds falling.

Euroland did not like it. They all turned south on the report.
 
15 minutes ago
LONDON (AFP) - The dollar has risen against the euro and yen as the markets geared up for the release of key US trade data.
The euro fell Wednesday to 1.2747 dollars in early European trading from 1.2773 dollars overnight in New York.
The dollar climbed to 114.67 yen from 114.24 yen late on Tuesday.
Dealers were awaiting US trade figures for May due later Wednesday, with analysts expecting a deficit of around 65 billion dollars, up from 63.4 billion in April.

The Japanese central bank was Friday expected to raise interest rates for the first time in almost six years as the economy heads towards its longest post-war recovery.

"If the BoJ does not signal any intention of additional rate hikes, the dollar may be bought back to above the 115 yen level," he added.
http://news.yahoo.com/s/afp/20060712/ts_alt_afp/forexeurope_060712110744
 
does it appear that the I will be below its previous close, and would it be to my advantage to get out today by 12:00 to try and jump back in at a later time.
 
The I fund will be adjusted down about .13 cents give or take to even out for yesterday. When they do it is not known. It will most likely take it on the chin today. Especially with the dollar in rally mode.
 
Pilgrim said:
Your track record is pretty good, which of you is responsible??

Responsible? Well, what Sugar and I have here is a type of Rain Man situation. The diff is that we are one. I must keep tabs on her but a certain amount of loose cannon behavior slips through. Sugar is unusual in that the voices she hears are of a different nature. They tell her to" Go outside and smell the flowers.", or "Make some chocolate chip cookies for the neighbors." The creepy looking house is what keeps people from interacting with her.

If the voices could take over I think we could really clean up our act.
Dumb luck is what is guiding us in TSP. Look at anything she has said. No insight into anything financial. Ignore her.

Given all her blatherings here I can't imagine that anyone could feel comfortable following her moves and I would not recommend it. She will derail.
 
I am keeping a core percentage in the I-Fund, because I acquired the shares at lower prices around June 20. This I will let ride up or down. However, some technical analysts are saying that the markets are overbought and that we should be getting a correction very soon. This is compounded with geopolitical tensions such as the Middle East, Korea, the unknown factor regarding whether Japan will raise rates for certain, or to what extent they will do so. Canada decided to leave their rates as they are. The markets do not like uncertainty; therefore, I decided to go the conservative way in order to preserve capital and prior gains. It's better than trying to recoup losses if this should go down! You can always get in later. Tom Crowley gave some very useful guidelines in his commentary this morning. I suggest you preserve some gunpowder which might come in handy if a correction does occur, at which time you can buy back shares at a lower price. Best wishes to all!
 
Well, if they fix the FV, we should be looking at 19.19 tonight. It looks like we can't get above the point eafe was at in the first week of June.
 
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