-
Welcome to the TSP Talk Forums forums.
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content, join our AutoTracker, and access many other special features. Registration is simple and absolutely free so please, join our community today!
If you have any problems with the registration process or your account login, please contact us. -
Please read our AutoTracker policy on the IFT deadline and remaining active. Thanks!
-
$ - Premium Service Content (Info) | AutoTracker Monthly Winners | Is Gmail et al, Blocking Our emails?
Find us on: Facebook & X | Posting Copyrighted Material
-
20% Off Annual Premium Subscriptions!*
Ends Jan 18... Click Here For More Information
* For new or current subscribers -
Join the TSP Talk AutoTracker: How to Get Started | Login | Main AutoTracker Page
-
The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com ...
Or you can now use TapaTalk again!
Gumby's Account Talk
- Thread starter Gumby
- Start date
Gumby
Active member
I think the P&F price objective on GM is 100% correct.
Will the objective be met before year end?
View attachment 5099
Will the objective be met before year end?
View attachment 5099
Gumby
Active member
For all you UYG fans out there. The price has now dropped to more than 50% below the met objective. Hope the $SPY doesn't try that.
View attachment 5101
View attachment 5101
Gumby
Active member
Met....and then some.... Should be a wild Friday with options expiring today!:nuts:
View attachment 5115
Should be a wild Friday with options expiring today!:nuts:View attachment 5115
Gumby
Active member
I would not be surprised if the DJIA goes up 500 points before the close....but I think there will be a mild selloff and we will only close up 250.:nuts:
Gumby
Active member
From Govexec.com
That caution extends into other areas of TSP oversight. Barclays Global Investors, a British firm that oversees funds that four TSP funds buy into, engages in some securities lending, a practice where large lenders take collateral and fees in exchange for some of their securities, which borrowers then use in other transactions. This is a common approach, and Long wrote in a memo to the Federal Retirement Thrift Investment Board that Barclays is conservative in its securities lending, and the practice should not be a cause for concern.
"We were very clear that we understood the risk controls and properties," Long said during the meeting. "We are comfortable that BGI has the appropriate processes set up around securities lending. It doesn't mean we have to stop looking at this."
More
Let me see if I get this right. Barclay's purchases shares of S&P500, Wilshire 4500, and other foreign stocks which comprise the I fund with money invested into the TSP funds by government employees- Billions of dollars worth of stocks in their massive portfolio graciously held in trust for us TSP investors.
Then Barclays is free to lend the shares to short sellers as they see fit..or use as collateral???? No doubt for a fee....probably a substantial one. Greg Long is comfortable with this?? Something about this smells of excrement.
That caution extends into other areas of TSP oversight. Barclays Global Investors, a British firm that oversees funds that four TSP funds buy into, engages in some securities lending, a practice where large lenders take collateral and fees in exchange for some of their securities, which borrowers then use in other transactions. This is a common approach, and Long wrote in a memo to the Federal Retirement Thrift Investment Board that Barclays is conservative in its securities lending, and the practice should not be a cause for concern.
"We were very clear that we understood the risk controls and properties," Long said during the meeting. "We are comfortable that BGI has the appropriate processes set up around securities lending. It doesn't mean we have to stop looking at this."
More
Let me see if I get this right. Barclay's purchases shares of S&P500, Wilshire 4500, and other foreign stocks which comprise the I fund with money invested into the TSP funds by government employees- Billions of dollars worth of stocks in their massive portfolio graciously held in trust for us TSP investors.
Then Barclays is free to lend the shares to short sellers as they see fit..or use as collateral???? No doubt for a fee....probably a substantial one. Greg Long is comfortable with this?? Something about this smells of excrement.
Gumby
Active member
The market wasn't near as volatile as normal today.
I sold all my TSP and went 100% G for the rest of the month.
Also, made a trade that I really didn't plan on today.
Well, sold that WMT today for $54.80......bought back about 1 hour later for $54.29. Sold it again at $54.85 just before the close. Maybe buy it back again tomorrow?
I also have my eye on some call options on SDS.
.SBJLL Dec 90 Call
.SBJLG Dec 85 Call
These call options go up in price when the S&P500 goes down (just the opposite of normal Call optiions). I will buy some of these if the market pops up tomorrow. The Nov calls on SDS were money makers this month.
These options are a little pricey and not for the faint of heart.:nuts:
I sold all my TSP and went 100% G for the rest of the month.
Also, made a trade that I really didn't plan on today.
In my personal trading account, the only stock that I have bought and held for 18 years is WMT.
Well, sold that WMT today for $54.80......bought back about 1 hour later for $54.29. Sold it again at $54.85 just before the close. Maybe buy it back again tomorrow?
I also have my eye on some call options on SDS.
.SBJLL Dec 90 Call
.SBJLG Dec 85 Call
These call options go up in price when the S&P500 goes down (just the opposite of normal Call optiions). I will buy some of these if the market pops up tomorrow. The Nov calls on SDS were money makers this month.
These options are a little pricey and not for the faint of heart.:nuts:
Gumby
Active member
.
poolman
Top Return 2008
Why is GM up 60% today and climbing?
Did they get their tin cup filled with government cheese?
Stockholders know that they (GM) will get a Bailout. It's probably a good Bet.
I think they won't get there Bailout until near the end of the week. Dec 5.
Plenty of time to think about getting in again.
Similar threads
