foriegn markets

[Dakota]

when the foriegn markets are in the red does that mean that the I fund could fall

[Mike]

That depends on which foreign markets you are referring to (I fund does not invest in all of them) and how much value they lose. It also depends on the strength or weakness of the US dollar relative to the foreign currencies. If the markets fall and the dollar falls, the negative impact of the market action is somewhat offsetby our weakened currency.

[Dakota]

thanks mike

[Show-me]

Posted: Sun Mar 7th, 2004 07:04 pm





Quote (http://www.tsptalk.com/mb/reply.php?post_id=65&quote=1)


Reply (http://www.tsptalk.com/mb/reply.php?topic_id=31)


I thought this was interesting. Some of these weights surprised me.Look how lowHong Kong is weighted.
http://www.tsptalk.com/images/countries.gif


Hey Dakota,

Found this in a March 7, 2004 post fromTomin the I Fund topics. Thought you might find it interesting. Looks like I Fund is heavy in Europe, light in Asia. Surprised me.

[Mike]

I'd like to see a much stronger investment in Hong Kong - they have a vibrant economy going.

[Dakota]

Show-me wrote:



Posted: Sun Mar 7th, 2004 07:04 pm





Quote (http://www.tsptalk.com/mb/reply.php?post_id=65&quote=1)


Reply (http://www.tsptalk.com/mb/reply.php?topic_id=31)


I thought this was interesting. Some of these weights surprised me.Look how lowHong Kong is weighted.
http://www.tsptalk.com/images/countries.gif


Hey Dakota,

Found this in a March 7, 2004 post fromTomin the I Fund topics. Thought you might find it interesting. Looks like I Fund is heavy in Europe, light in Asia. Surprised me.


yea, I';ve looked at that but what concerns me is the world biz on cnn.com yesterday all green except hong kong, late last night and this morning All RED, hope im reading it wrong or we will bite it today

[ou81200]

Dakota---

On world biz, the foreign market is shown in almost real time. the Asian market opens first, then Europe, then the U.S. and Canada.

In the morning here. The Asian market is winding down. That's why you see what is perceived as a discrepency. Look at the time on the right side of the market screen. It will show their local time. That gives you an idea how for in the day they are.

Hopes this helps.

[ou81200]

P.S.

The foeign market did'nt do well today. China raised it's interest rates for the first time in nine years. Also, the dollar came up some against the Yen. I don't think this will reflect well in the I fund.