Thread: Feb 22 - March1

South Korea, Bahrain and Russia said they were going to dump "diversify" out of U.S. treasuries. I believe Germany and France will soon follow suit. I strongly feel that the I fund will not do to well since Japan and England (two largest holdings in the I fund) will suffer because they will losegreatly on their U.S. treasury holdings. Japan holds 719B in U.S. debt and UK has 219B. With the currency exchange lose that can not be helpful to them. Overnight the foreign stock markets are down across the board. The FOMC minutes can continue that trend. It is shaping up to be a week that one would want to be out of the way.

The U.S. futures look like the club scene in the movie Blade...blood dripping from the ceiling.

Should world markets be down today, the dollar play should still help to cushion the blow.

LONDON - European markets extended losses Tuesday from the start of the week, hit by a weakening U.S. dollar.

Tokyo falls; Asian markets down


[align=left]
Mini DJIA Index(CBOT)
Mar
10787
10789
10739
10744
-57
2/22/2005
3:35
10741
10744

S & P 500 E-Mini(Globex)
Mar
1203.00
1203.25
1195.75
1196.00b
-8.25
2/22/2005
3:35
1196.00
1196.25

NASDAQ 100(CME)(Globex)
Mar
1517.00
1519.00
1503.50
1504.50a
-15.50
2/22/2005
3:34
1504.00
1504.50

Darn this does not do charts.
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FYI, Asian markets compose about a quarter of the I fund.

That was why I gave you data on the UK. Add those up and you are looking at nearly 50%. France and Germany are getting spanked also.

Crude is nearly that $50 mark (germany joke) again.

The German DAX Xetra 30 index fell 0.7 percent.

French CAC 40 index slipped 0.6 percent.

The top two holdings of the I fund are dogs. Seems like they should balance them out more. The small percentage holdings are the best markets. Hey, no Latin America, what about our friends from the South???

Will look to pop in there on Thursday and bail on Friday.

Sometimes ya got to be like Kenny, "Know when to hold em, know when to fold em."

Futures Dow is -70 QQQs -20 500 -15.

What a way to start the week off?

Off to diner. Logging out.

Today seems to be runningas anticipatedearlier.... Namely,

The C fund is down .2% today

The S fund is down .7% today

The I fund is up .4% today with the dollar up 1%.

Without the dollar's assistance, the I would likely be down about .4%....


So far, the S fund seems to be holding above the 50 day MA. Bounced off it today...

You MAY find after the U.S. has a big drop, the internationals sell off the next day.

S fund does not like rising interest rates and inflation. It will more then likely be the worst fund for 2005.

Only time will tell.

saraho wrote:

The I fund is up .4% today with the dollar up 1%.

Don't you mean the dollar is Down1%?

saraho wrote:

Without the dollar's assistance, the I would likely be down about .4%....

Please explain that statement.

greg wrote:

saraho wrote:

The I fund is up .4% today with the dollar up 1%.

Don't you mean the dollar is Down1%?

Please explain that statement.

You're correct. I meant to say that the I fund was up an additional 1% as a result of the dollar's decline.

The I-fund went up only8 cents since Friday; that 0.45%. I know I shouldn't complain considering what the other funds did today. What do people think about it for tomorrow or therest of the week?