Playing the I fund

[350zCommTech]

Down .284% or 6 cents.

 

[Griffin]

Down .284% or 6 cents.

Good deal, I appreciate you running those numbers. I can live with 6 cents

 

[Wheels]

If the dollar continues to strengthen this afternoon, and our markets continue to tumble, we could easily be looking at an -FV, especially since I don't think we've seen one in a while.

 

[fedgolfer]

... we've already reached a point to warrant a 5 cent -FV, let's hope it doesn't get up to 10 cents.

 

[350zCommTech]

... we've already reached a point to warrant a 5 cent -FV, let's hope it doesn't get up to 10 cents.

I've never seen a -5 cent FV, so I doubt it. Have you Wheels?

As of right now, it's very close to a -10 cent FV. A little bit more down in the US market and it will be obvious. The dollar is not yet a factor.

 

[Rod]

Good deal, I appreciate you running those numbers. I can live with 6 cents

It seems it will be a bit more than a 6 cent loss, but 350 is the real pro at estimating.

I'm just glad I pulled out yesterday, believing we were topping out.

Now, I just have to figure out a re-entry.:cheesy:

 

[frokker]

MSCI shows -0.296%

 

[Pilgrim]

Dollar just spiked - down all day now up 0.28%

 

[350zCommTech]

Dollar just spiked - down all day now up 0.28%

Oh OOO!!! I funders lookout. The dollar is up even more than that. the combination of the dollar and the decline in the USM might equate to a -20 cent FV.

Why is the dollar up? Did we just attack Iran?

 

[Birchtree]

I'll take - $0.25 please.

 

[weatherweenie]

eafe -0.296%

 

[Wheels]

I've never seen a -5 cent FV, so I doubt it. Have you Wheels?

I can't recall exactly, but I believe I've seen less than 10 cents but probably not as small as 5 cents.

 

[350zCommTech]

Oh OOO!!! I funders lookout. The dollar is up even more than that. the combination of the dollar and the decline in the USM might equate to a -20 cent FV.

Why is the dollar up? Did we just attack Iran?

For the folks who are interested in the FV situation, here's how it looks.

S fund had a change of -.5%
C fund had a change of -.6%
the dollar went up .287% or - 6 cents.

Barclays might do a FV of -10 cents, at minimun, for a total of -16. Or they might include the change in the dollar, which is unlikely, for a total of -22. Or they might not do anything at all, since the change in the USM is right at .5%. It's very close IMHO.

I'll guess on a -10 FV for a total of -16 cents.

 

[sugarandspice]

FV applied today!


G--
F-.03
C-.18
S-.20
I-.22

 

[350zCommTech]

FV applied today!


G--
F-.03
C-.18
S-.20
I-.22

Yup, and they included the dollar which was only up by .287%. I had originally thought that it had to be atleast .300% and up. Wheels was right. Barclays will do what ever they want.

 

[Griffin]

That was a 1.0% hit today including the .7% FV. As long as the global market is not down more then .7% the I fund price should hold even or increase tomorrow.

Nikkei 225 is down .32% and the Yen is continuing it's rise.

 

[350zCommTech]

That was a 1.0% hit today including the .7% FV. As long as the global market is not down more then .7% the I fund price should hold even or increase tomorrow.

Nikkei 225 is down .32% and the Yen is continuing it's rise.

I agree. Part of the problem(or beauty) is that they inlcuded the change in the dollar. The dollar is currently up .360% or -8 cents. If the dollar reverses by tomorrow, it would definitely cancell out any sell off. In other words, the I fund is currently up 8 cents(includes a FV correction tomorrow).

 

[Fivetears]

I-Fund - 0.99%
AORD - .07% :worried:
N225 - .65% :worried:

 

[Fivetears]

Great sound analysis; as always Sir.

I agree. Part of the problem(or beauty) is that they inlcuded the change in the dollar. The dollar is currently up .360% or -8 cents. If the dollar reverses by tomorrow, it would definitely cancell out any sell off. In other words, the I fund is currently up 8 cents(includes a FV correction tomorrow).

 

[Fivetears]

AORD - .07%
N225 - .21% :worried: