Interfund Transfer 4/20 for 4/21/06

[tsptalk]

This is a tough call as the market is moving away from what I wanted it to do today. I wanted to get out on a positive day but the indexes are flat to down. Jumping out here makes for a possible whipsaw (jumping back up tomorrow).

I will make an interfund transfer this morning going to 70% F (as I mentioned in today's market comments) and 30% C fund, just to keep a pulse on stocks. I'll talk more about it tomorrow's comments.

 

[DSA]

This is a tough call as the market is moving away from what I wanted it to do today. I wanted to get out on a positive day but the indexes are flat to down. Jumping out here makes for a possible whipsaw (jumping back up tomorrow).

I will make an interfund transfer this morning going to 70% F (as I mentioned in today's market comments) and 30% C fund, just to keep a pulse on stocks. I'll talk more about it tomorrow's comments.

You kind of threw me for a loop with this one Tom! I almost jumped in to modify my pending allocation change this morning based on the email that came in at 8:55 AM, but it was a little too rushed to think all the way through.

At least we're all on the same page with the G vs F fund today. ;-)

 

[The_Technician]

This is a tough call as the market is moving away from what I wanted it to do today. I wanted to get out on a positive day but the indexes are flat to down. Jumping out here makes for a possible whipsaw (jumping back up tomorrow).

I will make an interfund transfer this morning going to 70% F (as I mentioned in today's market comments) and 30% C fund, just to keep a pulse on stocks. I'll talk more about it tomorrow's comments.

To make you feel any easier Tom, the vol on the F fund as of 11:30 am this morning has been twice what it was yesterday.....

I finally read your market comments of late....I saw the same reversal but in a different light with some other data....so don't feel like it is strange, it caught my attention and I was curious as to whether it meant a market reversal was upon us......seeing that my data has May 8th pinned down as a date of interest and considering the market is way out as it is....I want to stay safe..... even though I ventured some into the S&P....I felt it was safe enough so I splurged....!!!

Since Nov of last year this whole market has been irrational....I could understand it up till then but after that it didn't make sense except for one thing and I think I see it in the data now.....sell off....thats what it looks like to me...a prolong sell off.....growth has been rather difficult in the indexs and a definite change has been amongst us since the new year.....

Every common sense parameter currently in the market bodes a poor performance coming our way economically....its inevitable unless the energy producers/investors back off.......but they have to be piggy about it......and its basically their runup of oil that has caused the much added expense that the common income person has to endure (is'nt that inflation???).... well it brings on a depressed economy until things level out later on...so hang on for a while and invest in securitys......:cheesy:

Sometimes there really needs to be some feedback control on the one thing that really drives the whole world economy nuts!!! Control theory is really needed to be applied to even things out a bit more.....maybe the Fed board chairman will ask me about it someday.....apparently they still haven't figured it out yet.....and I'm no brain either but I see it and its needed.....:blink:

 

[Birchtree]

This from a TA of unknown renoun:

The NAAD has once again moved above its 200 day EMA - and pretty much puts any suggestion of the 4 year having any real influence on the markets right now on hold again. The key is to take out the NASDAQ breadth MCO's late March highs and we're pretty close in doing this. Money flow is still positive.

The Technician,

It would appear the top is way off in the distance - perhaps in 2007. The commodities will start to have a positive impact on the S&P 500 - stay with the program and earn a few dollars more.

 

[tsptalk]

The crosswinds are certainly out there. I never saw so many strong signals on both side of the fence. It's very tough to get a read on things but I'm actually leaning toward bullishness but I didn't want to fight the strong trend for weakness during post options experation week.

DSA -
Did you see the PM I sent?

 

[tsptalk]

By the way, not to divulge too much info, but I had to email Rev to tell him I actually wrote my comments last night deciding use the F fund. Then his email alert came out and he moved a bit into F. I didn't want him to think I was copying. It's nice to be on the same page as him.

 

[vectorman]

bump

 

[Timmie-O]

Hey Tom,

It's nice to be on the same page with you and Rev, although it took me longer to get there. I lopped 5% from my G (was 85%) and moved it to the F fund, bringing my total to 5% for the F. Effective tomorrow.

 

[tsptalk]

Bonds can be frustrating. But with only 5%, you'll sleep well.

 

[DSA]

Bonds can be frustrating. But with only 5%, you'll sleep well.

I'm glad I left some (40%) in the I fund...mostly because I missed the deadline to pull out yesterday.

Looks like it's the only one besides G that didn't go negative. It pretty much balanced me out so I'm break even for the day...

I've never been too fond of the F fund, but it did seem the place to be this week.