I agree with you Jwlane about the TSP since it is closed will not post until the 20th when it does transactions. In other words the 14th -17th will be missing but Im thinking that the market will open with the Friday close price. I don't believe that the TSP transactionson Monday are going to drive Mondays Market. I have kept track of the funds since the close on the13th. In accordance to my figures this is what I have the markets at on opening on Monday the 20th:
09/13/04 G FC S I
10.55 10.3011.93 12.91 13.43
09/20/04 10.55 10.2511.95 12.92 13.38
The G fund will most likely go up .01 on Monday if not, on Tuesday. The other funds if you watch the tickers that they follow will go up or down according to the market on Monday and TSP will post the close of Monday in relation to the fund it follows. If I'm wrong I guess I'm wrong but if you follow the tickers and say C orticker indexgoes up .54 then all I do is multiply the price of prior days close by 1.0054, That would put the price of C a $12.01 and if you make a transaction prior to 11:00 AM you will buy at $12.01 which they will show on the 21st as the close for the 20th. If the market would go down then the price per share would be $11.89. I don't know but this may seem confusing but what I'm showing you in the graph is what I believe the funds closed at today the 17th. I have not made any posts on the TSP till today but I have been doing my own research on what I have learned here. The (I fund) I could be off on because as Tom and others have stated the dollar affects it, so it could be slightly higher or lower then my estimate, the others I have been fairly accurate at. In accordance to my chart there is little change. I was following the chatter on TSP Talk and I find I trade maybe more then most. I am currently 100% G, when I make a move it's a 100% usually one way or another. My plan was before TSP closed, was just what Tom was saying he said that he thought themarkets might take a breather I had just made a nice percentage the prior week and stepped out to let the market drop my guess was this was going to happen Tuesday or Wednesday. It did it took the breather I was looking to take advantage of on Wednesday andthe S fund dropped $.10 in other words I think the price of S on Wednesday was $12.81 I would have bought in prior to 11:00 am andmight of sold today at$12.92 giving me a gain of$.12 a share. If you have 5000 shares that$600.00 a missed opportunity. The others that are stuck in the stock funds will have the close price onMonday and I'm sure some got nervous on Wednesday when the market droppedas we all do. But all looks fine at the moment, but maybe price go down on Monday. The best thing to do people ishave a system like Milkman and several others that you follow and try to take the emotion out of it.Everyone has their risk factor there willing to take.My theory is this, I try to watch the TSP funds and what there doingpure and simple. The rest of the marketschatter is garbage but can influence you. There is some I listen to and some I chuckle at and dune out. If your going to fool with your funds have a goal and know where the market is at. Right now if it stays consolidated its at the top in my opinion. Will I take a chance of it going higher? Maybe! There is no quicker learning experience then watching your funds go down. I'm no expert but I do feel that the next time the market goes bear I won't be there.