Interfund Transfer 4/20 for 4/21/05

tsptalk

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As I mentioned in the 4/20 market comments, I will put some money to work in the I fund. I am making an interfund transfer before this morning'sdeadline going 50% C, 20% S and 30% I fund.

This will be effective Thursday morning, 4/21.
 
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tsptalk wrote:
As I mentioned in the 4/20 market comments, I will put some money to work in the I fund. I am making an interfund transfer before this morning'sdeadline going 50% C, 20% S and 30% I fund.

This will be effective Thursday morning, 4/21.
Tom,

I noticed something. Everytime you go to I that fund price starts to tank. I think you are jinxed with that fund. hehehehehehe...
 
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Tom,

I noticed something. Everytime you go to I that fund price starts to tank. I think you are jinxed with that fund. hehehehehehe...
I hope you're wrong because I went 100% I effective tomorrow.

Dave
 
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You might as well be in I with how S and C are doing today!:XLooks like a repeat of some of last week.....
 
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smine wrote:
You might as well be in I with how S and C are doing today!:XLooks like a repeat of some of last week.....
As I said in my talk thread concerning the (I):

Looks like we DERAILED!!!

K, I'm through with trying to read the current climate. It's simply too unpredictable... not near as easy as it was last year.

God Bless:^
 
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Rod, I don't think it's as bad as it looks. I fund was down 0.5% after currency exchange impact. I realize down is down but if all things stocks remain even over the next 2 months, I fundis expected togain 4% just due to dollar devaluation. I hope we are at a stock market bottom as I myself bought in 100% I fund yesterday AM. Good luck!
 
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pyriel wrote:
Tom,

I noticed something. Everytime you go to I that fund price starts to tank. I think you are jinxed with that fund. hehehehehehe...
I noticed that too, and today's US stock action should keep that jinx streak alive. :?
 
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Hey Tom! Remember the old two days too early move that you and I have talked about in the past. Could it be again? I will watch the I tomorrow very closely. This bear does have claws.
 
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That's right. Wait 2 days before you do what I do.... Better make that 2 weeks. :)
 
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You and I know we will probably be looking at different scenarios in two weeks and the flames may shift by then. We just have to :)our way thru it all.
 
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Tracking your every move as usual Tom......I always try to stay close to what you suggest. I have gone against the grain and done well a few times but have lost most of the time when I goon my own. I appreciate your assistance. Now...Ihave a question about one of the links on the first page of this site. It's a link which takes you to a page which talks about "Hedge Funds"....tell me honestly....is this a rip-off scheme?...If not how do you get into this type of investing?



Thanks...:)
 
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Hi cq -
I don't believe hedge funds are rip-offs at all. They can be risky but for the most part, they do well. You usually need some big bucks to get in.
 
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From what I hear, big corporations and investors are using hedge funds as a cushion against interest rate rises. Correct me if I'm all wet.
 
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Mutual funds can't do all those neat things many traders would like to do; go short, swingor position trade, play the option game, write covered calls, etc, etc. Hedge funds can but you have to be a higherclass investor (not your lifestyle!!, your assets in the bank and your experience), like what the SEC calls a class 3 or 4. They want to make sure you can handle the hit if itcomes and not try to sue somebody because you couldn't absorb the risk. Have I got it right ? :shock:
 
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Welcome Swanee. Sounds right. Hedge funds can decide who they take and who they don't. I recently read James Cramer's autobiography. He talks about him starting andrunning hishedge funds. What a crazy life that would be. He finally quit the fund one day saying, I'm leaving while I can still walk out of here, rather being carried out.
 
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I'm flat for now(100% G-fund). Since I'm 'scared' I'm going to miss the next uptrend, that means I should wait for further downside action. If I go against whatever emotion I am feeling, I usually do pretty good. As soon as I stop being afraid of missing the uptrend, and am afraid to get in because it looks like the market is going to 0.00, that's when I'll go 100% C & S. I do sometimes put in 20-50% when the market has several really bad days in a row to catch a bounce (like a week ago), but the TSP doesn't lend itself to quick trades very often.

Good luck all!
 
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