Market Talk / Jan. 25 - 31

[Spaf]

Market Talk
Sunday Edition
January 25, 2009​

General Commentary:

This week will be a test of the fundamentals; namely the economy is in stopped-up toilet. Will the earnings provide a over-run, or will the government bail-out prevent more soilage?

This week could have the worst quarterly reports in the last 10 years. Not a lot of happy campers.

A look at the chart(s)
The S&P500 [$SPX] Daily
Large Caps

Charts courtesy of www.StockCharts.com​

Pricing remains under the 50dma.

The Bollinger Bands are shownig more volatility.

The P-SAR still has a bearish signal.

Volume has been somewhat above average.

The S-STO is back in over-sold levels.

The MACD is registering somewhat flat.

Well, that's it for the weekend!​

Be careful out there!​

 

[hessian]

Hi Spaf,
Seems that Banks had another field-day today. Another shake-down of the market - mostly the little guy, thinking let-it-ride until month end. :blink:
You think?
vr

 

[Spaf]

I learned the hardway back in 2000. In bearish markets stay out of sectors, but do stay in index funds. It's ok to sell stocks, just never less than what you paid for them.

The problem we have is with TSP Management. They (their system) forces a sell below what was paid for. Rather than using the G-Fund exclusively; they take a percentage of each, a forced sell during each monthly deduction.

This is really a retirement penalty run by dimwits that really don't care about the retired members. If they did care, they would have repaired the system not to sell low. They would have taken all deductions from the G-Fund, unless a member did not keep a minimum balance in the G-Fund.

This is just bad management.........

Not to worry hessian, so long as you keep a eye on your funds, you are the best manager your funds have.......

Hi Spaf,
Seems that Banks had another field-day today. Another shake-down of the market - mostly the little guy, thinking let-it-ride until month end. :blink:
You think?
vr

 

[hessian]

All true,
I wasn't in any Bank sectors, just noted that yesterday there was all the hype on the "Bad-Bank" idea (floated) that sent the entire markeyt up. Then today they, the Banks, simply shook it all right back down (seemingly).
My point was - remember last week - CROOKS - at it again?!:blink:

But the info you provided below was very inciteful as well!
Crooks, AND dimwits...

 

[James48843]

New December meeting minutes are out over on the Thrift Board's website.

Some highlights are clipped and posted here:

TSP costs have gone UP, not down, as a result of trading limits. Read the whole story here:

http://www.tsptalk.com/mb/showpost.php?p=205325&postcount=51

 

[CountryBoy]

New December meeting minutes are out over on the Thrift Board's website.

Some highlights are clipped and posted here:

TSP costs have gone UP, not down, as a result of trading limits. Read the whole story here:

http://www.tsptalk.com/mb/showpost.php?p=205325&postcount=51

Great job James,

You have a great knack for cutting thru all their BS and pulling out the real data. Hopefully the boneheads will wake up and smell the corruption.

CB

 

[XL-entLady]

New December meeting minutes are out over on the Thrift Board's website.

Some highlights are clipped and posted here:

TSP costs have gone UP, not down, as a result of trading limits. Read the whole story here:

http://www.tsptalk.com/mb/showpost.php?p=205325&postcount=51

Excellent work, James! The figures don't lie and they tell a compelling story. I just wish we could get FRTIB to listen!

Lady