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    The Nikkei is already up over 1.27%!

    Monday should be nice-n-green!

    God Bless:^


    "You rise. You fall. You're down then you rise again. What don't kill ya make ya more strong."
    - Metallica


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    Rod wrote:
    The Nikkei is already up over 1.27%!
    Rod

    What web site do you use to monitor the other markets?

    Spaf

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    The dollar is up, Rod. So, it might be more of a reddish green.

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    I basically use CNN Money for the different indexes. But yeah Sara, it looks like it's going to be more red than anything.

    The (I) Fund is the hardest to gauge, IMO. Although the Nikkei did in fact finish strong, the EAFE is down. We just never know how itgoes in (I)until our pennies are either added or subtracted.:P

    God Bless:^


    "You rise. You fall. You're down then you rise again. What don't kill ya make ya more strong."
    - Metallica

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    Rod wrote:
    I basically use CNN Money for the different indexes. But yeah Sara, it looks like it's going to be more red than anything.

    The (I) Fund is the hardest to gauge, IMO. Although the Nikkei did in fact finish strong, the EAFE is down. We just never know how itgoes in (I)until our pennies are either added or subtracted.:P

    God Bless:^

    The difficultyis that you're looking at yesterday's Nikkei to predict today's I fund. While it has some bearing on the price, I think that you will have a better guesstimateby following thedollar as it trades through the day and also taking the price of the major averages, such as the S&P, into consideration. Of course, an international event could occur that could skew the results for the I fund, but such an occurrence israre, IMHO.





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    saraho wrote:
    The difficultyis that you're looking at yesterday's Nikkei to predict today's I fund.



    Are you saying this because they are a day ahead of us? I'm sure you are.

    It would be nice if it were easier to gauge, huh?
    "You rise. You fall. You're down then you rise again. What don't kill ya make ya more strong."
    - Metallica

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  13. #7
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    Rod wrote:
    Are you saying this because they are a day ahead of us? I'm sure you are.

    It would be nice if it were easier to gauge, huh?
    Not quite. If you look at the country weights (see below) , you'll discover that the Nikkei has some significance for the day (22%),however,most weight is given to the UK and the rest of Europe. Add the dollar to the mix, and you may have baked a different cake than you might have thought from just viewing the Nikkei alone.

    Country Weights
    Asof12/31/04
    United Kingdom
    25.21%
    Finland
    1.44%
    Japan
    21.98%
    Belgium
    1.37%
    France
    9.46%
    Ireland
    0.89%
    Germany
    7.17%
    Singapore
    0.83%
    Switzerland
    7.02%
    Denmark
    0.80%
    Australia
    4.93%
    Norway
    0.64%
    Netherlands
    4.88%
    Greece
    0.58%
    Spain
    4.21%
    Austria
    0.37%
    Italy
    3.56%
    Portugal
    0.37%
    Sweden
    2.58%
    New Zealand
    0.23%
    Hong Kong
    1.48%


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