Me too,I wonder why I FUND went down in shares value ?
if dow was very verry uP ?
I have a question for you. I noticed at Yahoos site that all the Major World Indices were up yesterday but the I fund went down. How come?
Me too,I wonder why I FUND went down in shares value ?
if dow was very verry uP ?
djia +97,470.59
no divident [-0.01]
wonder why ?
The dollar had a big day against the European currencies which diminishes any gain in international funds traded in U.S. Dollars. We talk more about that here ... http://www.tsptalk.com/mb/forum14/32.htmlif are interested.
eukrate, whose opinion I respect, still says the dollar doesn't affect the international fund's price by more than 10%. I'm not sure Ibuy that because I haveseenotherwise, like we saw Friday. The EAFE index was up 1.281% Friday in local currency, but down .085% in U.S. dollars.
Tom
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
The only reason I can think of NatX, is that the other currencies lost to the strong dollar yesterday. Yes, it seems Japan & London were up yesterday, the two major forces behind the I fund and yet the share price lost a penny! Sucks, as I had 50% in it yesterday!
JerBer:X
JerBer ,I was waiting for my positive return 10%-I Fund
Tom,NIce information in this post;
http://www.tsptalk.com/mb/forum14/32.html
The first time I read it ,I was confused,
Now I get it
European market influences wall street market
That's why stock can end on one price and
open the next day at different price.
[ when us market close ,another international market
open, and influence our market the next day]
Hey ,little by little ,baby step learning here !
Thanks all for your input. Like Tom, I got stuck in the G Fund 60% (deer in the headlights as he said, pretty much sums up how I'm feeling as well).
The other 40% is in the I. Soooo, I'm wonderingwhat the near future looks like forthe I. Should I stay or should I go now? :?
NatX wrote:Sorry Natx, I just saw your post. The I fund closeda penny off of it's high on Monday and Tuesday it came down a bit. It either breaks out to a new high or pulls back from here. It will breakout out eventually but it seems like it wants to stay in it's recent trading range (about 12.90 to 13.65). Since you are still in, you can use Wednesday's action as a guide. If it is up big in the morning, you may see the breakout. If it's not moving up or it's moving down, it may continue to consolidate a while longer. Of course I'm not in the I fund so this will have to be your call.I'm wonderingwhat the near future looks like forthe I. Should I stay or should I go now? :?
Hope that helps some.
Tom
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Thanks again Tom. Think I may put my 40% back into the I Fund either for Monday or Tuesday. It broke out by 2 cents. Wonder if that's a sign?
NatX, There may be better timing on this but the way my timing has been lately, you might be on to something. By the way, the "breakout"resistance I was talking about was 13.66 on February 17. So yes it did breakabove it and makea newnew (great news) but it's up 5-6% in the last couple of weeks and may also take a breather. But then again...? I like your aggressiveness.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
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