Interfund Transfer 8/30 for 8/31/07 [Archive]

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08-30-2007, 10:23 AM

100% I-fund

I am going to play the seasonality strength for tomorrow. The Ebbchart likes the I-fund, and even one of Trader Fred's beta day trading submodels is giving a one day buy signal for tomorrow. I'm making an interfund transfer to 100% I-fund this morning. It could be just a one-day move.

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08-30-2007, 01:12 PM

Once again we are seeing a big down morning turn into a positve day after the decision to get into stocks for tomorrow. So much for trying to buy a down day. I know I have been paranoid about the market moving away from us after our IFT's, but it happens every time. Only an afternoon sell-off would save us, but that would mean we'd have to get some neg FV or we'd be hurting tomorrow. Can't win.