So, what do you think James... were we (the vast majority of TSPers) the "smart money???" and will we be smart once again to go back into the "I" or will the laggard "C" start outperforming the other funds -- at least short term?
Not sure. What was interesting this week is that although Ebb only had a middle of the road batting average week, it seems that a lot of folks followed Ebb on autotracker anyway this week.
I broke ranks, a little at least, because I saw a powerful uptick, and thought it would be enough to carry through for a couple days. Ebb is probably right in moving to "G" for monday- we've had five days in a row upside on the "I", so I guess it's about time for a down day to kick in. But I thought more people would spread their investments out today becuase the direction is not real clear. The question remains- is this uptick just a quick one, in which case we fall back, or is it the new base level, in which case we move sideways for a while while we are getting ready to move upward again.
If the first is true, then the move to "G" is worthwhile.
If the second is true, then there is much reduced downside risk, and we form a new base here and then move higher. That's what I am thinking, and that's why I'm only 60 percent in "F" (waiting for the down tick on monday) and 40 percent in stocks. I figured I'd see some others try a strategy like that too today, but did not see many doing that kind of spread.
Anyway- so much for my ramblings tonight. I'm been hit with a terrible cold the last two days, and am somewhat tipsy from the cold medicine. So I am rambling a bit.
Happy investing, and good luck.
