Thread: I fund

Originally Posted by ebbnflow

Unofficial results for today:

S&P 500 (C-fund): +0.40%; DWCPF (S-fund): +0.59%; EFA (I-fund): +0.90%.

Thursday's MSCI EAFE shows a loss of -1.00% for the I-fund. If we add Wednesday's FV buffer of +0.55%, then Thursday's I-fund loss is -0.45%. But there's a 50/50 chance of a +FV (at least half a percent) tonight, so the I-fund could still wind up in positive territory.

TNA gained +2.47% (YTD: +28.42%).

Added a link below for anyone to download past ebbcharts (2007-2013) and track the triple patterns.

Thanks for your work on this. I'm gonna be super pissed if the I fund posts a negative day when EFA was up almost a full 1%.

No need to be upset with the I fund - the gains always return eventually.

Originally Posted by Birchtree

No need to be upset with the I fund - the gains always return eventually.

Yep, whatever +FV (buffer) the I-fund gets today, turns into a -FV (baggage) tomorrow.

Ahhh thank you both

Originally Posted by ebbnflow

Thursday's MSCI EAFE shows a loss of -1.00% for the I-fund. If we add Wednesday's FV buffer of +0.55%, then Thursday's I-fund loss is -0.45%. But there's a 50/50 chance of a +FV (at least half a percent) tonight, so the I-fund could still wind up in positive territory.

Wednesday's FV buffer of +0.55% was added to Thursday's MSCI EAFE of -1.00% (loss -0.45%). But due to the falling dollar and late market movement to the upside, a new FV of +1.07% got tacked onto the I-fund's final price (gain +0.62%). So tomorrow, the I-funders will carry an FV baggage of -1.07% from the get-go.

Nikkei opened +4.5%!!!

Originally Posted by ebbnflow

Wednesday's FV buffer of +0.55% was added to Thursday's MSCI EAFE of -1.00% (loss -0.45%). But due to the falling dollar and late market movement to the upside, a new FV of +1.07% got tacked onto the I-fund's final price (gain +0.62%). So tomorrow, the I-funders will carry an FV baggage of -1.07% from the get-go.

Does this mean if the markets closed down -1% tomorrow and you bought into the I-Fund, that you'd get in at -2.07% (2 for the price of one?)

Pin the tail on the donkey is more predictable than the elusive "I" fund

Thanks for the updates.

Originally Posted by ebbnflow

Wednesday's FV buffer of +0.55% was added to Thursday's MSCI EAFE of -1.00% (loss -0.45%). But due to the falling dollar and late market movement to the upside, a new FV of +1.07% got tacked onto the I-fund's final price (gain +0.62%). So tomorrow, the I-funders will carry an FV baggage of -1.07% from the get-go.

Originally Posted by JTH

Does this mean if the markets closed down -1% tomorrow and you bought into the I-Fund, that you'd get in at -2.07% (2 for the price of one?)

Yep, if you IFT'ed into the I-fund on Thursday before noon, but with Japan unleashing their own ultra-QE, the FV baggage of -1.07% is just the price of admission (Nikkei has been doing cartwheels tonight).

Analysts say that numbers between 190,000 to 200,000 are a bit high for the March jobs report. Whisper numbers which are considered closer to expectations are said to be in the range of 160,000 to 170,000.