Thread: Why not the I Fund???

'Cos we needed a lesson in humility, a reminder that we don't know everything.

Now let us never speak of the I fund ever again, until it drops past our selling price. :l

hehehe. Yes, it seems to be on a tear.

When I am not off on hunches, I am using the FRO, and the FRO says, "too expensive".

Rod wrote:

Is anybody currently in the I fund? If not, why? It has posted gains since 16 June.

Just curious.

I'm waiting for the dollar to either rebound from where it is now, or break down. It is currently near the bottom of it's upward trading channel. A risingdollar is bad for the I fund. I falling dollar helps the I fund. I try to talk about it, with the chart of the dollar, in the market comments from time to time. That will give me something to talk about tonight.

Tom

After hiding out in the G fund for a while, I have slowly taken a "larger and larger" position in the I fund. Currently 30% I (now you you see why I put quotations marks around around larger). 10% in C, 60% G, I have been waiting for a clear indication of which way to go, market has been kind of "wishy washey"--no strong consistent rally or decline.

Just when I thought I would take a bit larger position in the I fund, assuming the fund would decline, low and behold it went up 13 cents. I'm just glad I took a small position, because, yes that was an expensive buy for me. Right now I will just hold and hopefully the ride isnt too bumpy.

I'm still waiting on a clear sign that the uptrend in the dollar is over before getting in the I fund. I thought it broke down the other day but today the dollar shot back up (The I fund may have done pretty badly today). The problem is I couldmiss the boat while waiting. But my "signals" are usually early and I know as soon as I jump in the I fund, the dollar will rally and kill any EAFE indexgains.

There is not as much guess work with the U.S. funds. It is not a terrible thing to stay in C and S and wait for a direction in the dollar before deciding on the I fund. Your 30% is probably a good idea but I'm surprised you have so much in the G fund.

If there is a positive gain today after the interest announcement and a Thursday gain, and if their is a sell-off on Friday would the I fund lose or gain in that instance, or would the I Fund not be affected. I am going 30 C and 70 S today.

CheapShot

Interestingly, C and I seem to be more highly correlated in the short-term when the U.S. market is declining than when the market is advancing.Remember those big selloffs earlier in the year? The I fund was tanking just as much if not more than C and S. I do not think that the I fund is necessarily a safe bet in the short-term if that is what you are looking for.

I agree Pete.

So a warning, the I fund fast-moving average share price has dipped into the intermediate-moving share price average. Not a good sign. Remember when I said this about the C fund a week or two ago? We all know where it has gone.

I think we (I) got lucky yesterday with the I fund only being down .01. The dollar being down helped. Today was a different story. The dollar rallied and the EAFE was down. Should be a bad day for the I fund.

Today could be the ~GONG~ that tells us toget out of the I fund but the dollar chart still looks pretty bad. A lot of overhead resistance.

Ow! $13.40 :{to $13.28. I hope today brings it back; my transfer is one day late.

Did you see in my comments that the I fund has a habit of bouncing back strongly after a bad day? We'll see. But that doesn't help you much I guess.