Interfund Transfer 2/16 for 2/20/07

[tsptalk]

As I mentioned in my daily market commentary: Since bonds are up again this morning, I will make a ONE DAY interfund transfer today going to 100% G fund trying to scalp the penny gain. I will go back to 100% F fund right after the holiday. There is a chance the G fund will pick up that penny gain today instead of Tuesday (holiday Monday), which will nullify what I'm trying to do, but with bonds up for a 3rd straight day, it may be worth stepping aside to try to get that penny in G.

 

[tsptalk]

Bonds are now fading this morning, hanging onto the green by a thread. The bond market is only open for a half day today but the AGG will continue trading.

 

[350zCommTech]

As I mentioned in my daily market commentary: Since bonds are up again this morning, I will make a ONE DAY interfund transfer today going to 100% G fund trying to scalp the penny gain. I will go back to 100% F fund right after the holiday. There is a chance the G fund will pick up that penny gain today instead of Tuesday (holiday Monday), which will nullify what I'm trying to do, but with bonds up for a 3rd straight day, it may be worth stepping aside to try to get that penny in G.

Tom,

I think you made a good. With today's bad housing numbers, yields should be much lower but the 10 yr yeild appears to have hit resistance at the 50MA. With no economic news until Wednesday, yields might bounce and move back up on Tuesday. That might also be bad for stocks.

Btw, I still think the G will pay tonight.

 

[Rod]

Btw, I still think the G will pay tonight.

Couldn't let that one go!

 

[tsptalk]

Btw, I still think the G will pay tonight.

If that turns out to be true, I'll need bonds to pull back a little on Tuesday to make this move pay off.

 

[vectorman]

Bonds are now fading this morning, hanging onto the green by a thread. The bond market is only open for a half day today but the AGG will continue trading.

I look for the F fund to finish up tonight, at least 1 cent. It would be nice if AGG can at least hit 100.28 today to fill a previous gap. With CPI coming out Wednesday, there may be alittle bond profit taking on Tuesday. Also retest 10 yr 4.71 yields. To G fund looks to be a safe enough move. Why did you not consider 50F/50G, since F fund is now bullish?

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?symb=AGG

 

[fedgolfer]

To those that made IFTs today, you may want to keep on top of your balances and allocations because the TSP.GOV site has updated the data that feeds the "Account Balance" access point, but not the "Account Transaction" part of the site... that is still showing data for yesterday COB. Keep your confirmations if they screw it up!

 

[tsptalk]

I look for the F fund to finish up tonight, at least 1 cent. It would be nice if AGG can at least hit 100.28 today to fill a previous gap. With CPI coming out Wednesday, there may be alittle bond profit taking on Tuesday. Also retest 10 yr 4.71 yields. To G fund looks to be a safe enough move. Why did you not consider 50F/50G, since F fund is now bullish?

There is now also a gap from Wednesday's close to Thursday's open that might get filled as well (which would be good) so profit taking is possible.

I didn't even think about 50/50 but it may not have been worth trying to catch a half penny.

 

[tsptalk]

Oh, and bonds did bounce back so I agree, we sould see a penny in F - maybe 2? (owed from yesterday).