Interfund Transfer 5/24 for 5/25/06

tsptalk

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It looks like the S&P dropped below support so I am going to take a couple of days out of stocks and make an interfund transfer to 100% F fund this morning.

100% F fund
 
Good point, but F is so due, and if the market does sell-off, there could be a rush to bonds.
 
It really does look ready to pop up to me. It looked kind of strange the way it has been following the lower line in the SLO-STO, set at 20,2 check Sept to Nov of 2005.:o
 
sentimentrader says this break of support has put the short term into very oversold territory - a place where the market has been able to rebound strongly from in the past. :mad: We can't win. This TSP deadline is really killing any attempt to make short term plays. I guess we should know better. These big intraday reversals don't help either.

Of course any rally here could be short-lived. Keep watching 1522 on the S&P. It could act as resistance now.
 
For those in the F fund, tomorrow is the jobs report so we could see some volatility. We should also see the penny gain in the G fund tomorrow. Something to consider. I don't have time to send out an alert, so I'll stay put in F. It could go either way but the bond market, although due for a bounce, seems to continue to tell us that down is the path of least resistance at the moment.
 
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