I show the 06 closing price as $22.22 for the I fund...making the YTD 7.69% as Tom shows on the Home page.The current year to date (through 12/17/07) return is 11.1%, based on a Dec. 29, 2006 closing price of $21.54 and a Dec. 17, 2007 closing price of $23.93.
I'm glad we put a temporary bottom in, Yea for today but still. I really wanted to go all G like 350Z but the bottom started falling out of the market at around 11:30a.m. so I decided to DCA another 5%.
If I can get out tomorrow in the green I will, but I think today's GS relief rally was weak. I'm really nervous about this market and my Gut is telling me to get out.
Although I can't forget a small Santa Claus rally, option expiration's on Friday which will tell alot and Window Dressing until the end of the year.
No +FV.
Up 16 cents for today.
New price = 24.09
Fall of the Republic.http://www.youtube.com/watch?v=VebOTc-7shU
Poolman,
This morning's rally was a dead cat. I really wanted to go into the F fund but it was doing too well and I didn't want to take hit if the market bounces tomorrow.
The rally this afternoon came when NDX found support at 2000. I didn't see any good news. The Nasdaq composite failed to close above 2600(200dma), which is not good. GS closed down 3.7% despite posting great numbers. There were rumors of November being not so good.
This morning, the ECB injected +300B into their money markets. That tells me something is seriously bad over there. We have not seen the bottom yet.
I wish you good luck tomorrow.
Fall of the Republic.http://www.youtube.com/watch?v=VebOTc-7shU
From: www.dailypfennig.com/currentIssue.aspx?date=12/18/2007The euro fell to below $1.44 [yesterday] but has rallied back above this morning. Money market rates in Europe tumbled this morning after the ECB injected an unprecedented $500 billion into the banking system as part of a global effort to ease gridlock in the credit markets. The ECB wants to make sure the markets know they're seriously committed to restoring faith in the interbank market. While they have been willing to inject short term cash, they are still talking hawkish when it comes to inflation. These short term loans will be temporary, and interest rate cuts still don't seem to be on their agenda. I would expect to see the euro bounce back up with these sub 1.44 levels being viewed as some excellent buying opportunities.
Actually 348 euros is about 500 dollars at the current rate.
Fall of the Republic.http://www.youtube.com/watch?v=VebOTc-7shU
Fall of the Republic.http://www.youtube.com/watch?v=VebOTc-7shU
350,
Appreciate all your work on the I calculations. Really! seriously! No joke!
Care to make any predictions on I Fund, for tomorrow? thru Fri.? thru Christmas? New Years? -Now just making fun
BTW, any idea what is: Greg's FV History [NO CHAT] Unfair Valuation (UV) Tally?-I'm afraid to ask there about this.
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