Intrepid_Timer's PUBLIC Account Talk

[Intrepid_Timer]

Whoa! It didnt stay on a "buy" for long...so we need to make some profits today, tomorrow or Thursday, right?

Hopefully. And that's IF my system gives a sell signal on Thursday. Hopefully it doesn't give one on Friday and we are stuck with our TSP.............:nuts::nuts:

 

[Intrepid_Timer]

Just a reminder that the market is open on Friday Dec 31, but those returns will be reflected in Monday Jan 3 share prices.

I just find that a little interesting because if it is a big day, up or down, the S&P will be have a larger than usual difference in return than the C-fund. Of course that is true of the other funds, but the C-fund is a benchmark and it will forever show that diffrence in the TSP returns history.

So we pretty much have two "dead" days this month. If we are out of IFT's for Dec, we can't get back in equity funds until the close on Jan 3rd and even we do have one IFT left, we can't buy C,S and I on Friday if we wanted to be in for Monday the 3rd and catch a possible first day of the month bounce............I love TSP................

 

[Intrepid_Timer]

High bullish readings and yet "everyone" knows we're due for a correction and that January is probably the month it'll hit. Seems just a bit too obvious to me, but we'll see how it plays out.

Perhaps it'll be like 2000-01, down the last day of the year and the first day of the year and then the Fed jumps in pumps it up again...........

 

[FAB1]

I apologize, I scorned your poll.

But I will say here that I really want to be IN on the 3rd.

could be a big day with all this "sideways in general" movment
this week.

Who knows, it could make or break the month of January
and maybe your buy signal is pointing to the first week of 2011

2010 is just about gone, even if I do get out of the red it wont be
by much - and Im willing to shoulder some more incremental loss
to be there for a possible "win" at the beginning of the year...

How many have used all their transfers and cant move out of G?

EDIT - interestingly enough, out of 176 100% G less than 50 have used 2 or more so
the majority of G holders can get back in (that is if they DARE...BWAHHhahahah!)

 

[Birchtree]

I'll be there, but then again I always am.

 

[JTH]

While I do agree we are overdue for a pullback, the further you expand your time perspective, the more bullish the charts become. Trading sidways is not fun, but the trend is still up until proven otherwise.

 

[FAB1]

While I do agree we are overdue for a pullback, the further you expand your time perspective, the more bullish the charts become. Trading sidways is not fun, but the trend is still up until proven otherwise.

Well said!

 

[SWAVET]

So we pretty much have two "dead" days this month. If we are out of IFT's for Dec, we can't get back in equity funds until the close on Jan 3rd and even we do have one IFT left, we can't buy C,S and I on Friday if we wanted to be in for Monday the 3rd and catch a possible first day of the month bounce............I love TSP................

I get this info from TSP News:
December 31 – Because the stock and bond markets will be open on December 31, the TSP will process transactions. However, since December 31 is a Federal holiday, the TSP call centers will be closed. In addition, participants will not be able to allocate or transfer money into the L 2010 Fund starting at 12:00 noon on Friday, December 31, 2010. On Friday night, the L 2010 Fund will retire, and all money in the L 2010 Fund will be moved into the L Income Fund.

 

[tsptalk]

Please clarify that I come up only 6.79% or average return is 1.7% per year regarding to Sentiment as follow:
2007 = 21.32%
2008 = -38.32%
2009 = 6.62%
2010* = 33.85%

2007 = Examaple with $100,000.00 = $121,320.00
2008 = $121,320.00 => $74,830.18
2009 = $74,830.18 => $79,783.93
2010* = $79,783.93 => $106,790.80

I just saw this post - sorry I missed it.

I don't want to hog up IT's thread with the sentiment stuff, so I replied in the Sentiment Survey Thread...

http://www.tsptalk.com/mb/showthread.php?p=294681#post294681
.

 

[FAB1]

Not sure if I would trust TSP to process my IFT on Friday if the call center is closed.

Poker anyone?

 

[Intrepid_Timer]

I get this info from TSP News:
December 31 – Because the stock and bond markets will be open on December 31, the TSP will process transactions. However, since December 31 is a Federal holiday, the TSP call centers will be closed. In addition, participants will not be able to allocate or transfer money into the L 2010 Fund starting at 12:00 noon on Friday, December 31, 2010. On Friday night, the L 2010 Fund will retire, and all money in the L 2010 Fund will be moved into the L Income Fund.

Oh wow, well that's good to know!! Thanks! Let's hope their website is working Friday ................:notrust:

 

[FAB1]

Oh wow, well that's good to know!! Thanks! Let's hope their website is working Friday ................:notrust:

So are TSP website trading transactions done solely by computer?
No human assistance needed?

Because that office is gonna be mighty dark and empty on Dec. 31.

 

[Intrepid_Timer]

So are TSP website trading transactions done solely by computer?
No human assistance needed?

Because that office is gonna be mighty dark and empty on Dec. 31.

Welcome to the 21st century dad.................

 

[Intrepid_Timer]

I get this info from TSP News:
December 31 – Because the stock and bond markets will be open on December 31, the TSP will process transactions. However, since December 31 is a Federal holiday, the TSP call centers will be closed. In addition, participants will not be able to allocate or transfer money into the L 2010 Fund starting at 12:00 noon on Friday, December 31, 2010. On Friday night, the L 2010 Fund will retire, and all money in the L 2010 Fund will be moved into the L Income Fund.

Hmmmm, I just went to the log in page at tsp.gov and it says the following, which to me, doesn't say the same thing as what they say on the "News and Announcements" section which is what SWAVET posted:

"Friday, December 31, 2010 The Thrift Savings Plan will be closed on Friday, December 31st in observance of New Year's Day. Transactions that would have been processed Friday night (December 31st) will be processed Monday night (January 3rd), at Monday's closing share prices."


What's going on..........................

 

[crws]

Hmmmm, I just went to the log in page at tsp.gov and it says the following, which to me, doesn't say the same thing as what they say on the "News and Announcements" section which is what SWAVET posted:

"Friday, December 31, 2010 The Thrift Savings Plan will be closed on Friday, December 31st in observance of New Year's Day. Transactions that would have been processed Friday night (December 31st) will be processed Monday night (January 3rd), at Monday's closing share prices."


What's going on..........................

The FED was open Christmas Eve day, our CU told me, and they were open until 2pm.
I don't know if that is any indication for NY Eve day or not...
But I would suspect that the confusion errs on the side of no transactions... eh?

 

[amoeba]

Doesn't say that on my login page

Nope:

the bulletin board with the processing schedule says it will process transactions on 12/31/10 that day. That was updated on 12/7/10.

No news or conflicting info on my login page that I can see.

Far be it for anyone to actually call TSP and ask them what's up (not me)?

P.S. I found a news and announcement section, and it also says it processes transactions on 12/31/10.

 

[Intrepid_Timer]

Re: Doesn't say that on my login page

I called this morning. Looks like they took the other alert down now.................

Nope:

the bulletin board with the processing schedule says it will process transactions on 12/31/10 that day. That was updated on 12/7/10.

No news or conflicting info on my login page that I can see.

Far be it for anyone to actually call TSP and ask them what's up (not me)?

P.S. I found a news and announcement section, and it also says it processes transactions on 12/31/10.

 

[tiny_torpedo]

I'm going to sign up for your service, but I have a stupid newbie question. I have had 100% of my contributions going to the L2040 fund since I started the TSP and never made any IFTs. If I'm going to follow your system, which fund should I set my new contributions go directly to now? The G fund? And when do I move the new contribution money into the funds you are recommending without wasting an IFT?

Sorry if these are basic questions or the wrong forum to ask, but I want to do it right. Thanks!

 

[Intrepid_Timer]

I'm going to sign up for your service, but I have a stupid newbie question. I have had 100% of my contributions going to the L2040 fund since I started the TSP and never made any IFTs. If I'm going to follow your system, which fund should I set my new contributions go directly to now? The G fund? And when do I move the new contribution money into the funds you are recommending without wasting an IFT?

Sorry if these are basic questions or the wrong forum to ask, but I want to do it right. Thanks!

I don't contribute to my TSP anymore, but it really comes down to personal choice. I use to always just put contributions into the G fund. Others choose to put theirs into the C, S, or I in order to keep accumulating shares. I'm only in the equity funds about one week per month on average and the rest of the time I'm in either the F fund or the G fund. If I"m in the G fund and my contributions went into the equity funds, they would be at the mercy of the stock market because I wouldn't waste an IFT, which are a limited commodity, to move them to safety.........but that's just me.

I hope this helps.

 

[Intrepid_Timer]

BTW, when my system gives a buy or sell signal, you can move your contribution money the same time you move your other money, it all counts as only one IFT.