Market Talk / May 14 - 20

[Fivetears]

Hello Mr. Wizard.

 

[robo]

Option expiration day. The fight is for SPX 1258. If that gets taken out...it will get ugly.

It's already UGLY. My vote is UGLIER!!! Strong support in the 1240's.

After that, Ugly, Ugly, and Uglier! However, my thinking is we are close to support.

That is only my opinion and we could head lower.

 

[Wizard]

There is quite the battle going on right now.

Fun to watch.

Operation Save SPX 1258. If that goes then the sell programs will kick in.

 

[nnuut]

Bulls are fighting to keep SPX 1258. I added to my short at 1258.82.

Get er done. Take er down. :embarrest:

G fund is beating the C fund year to date.

Looks like they may start diving out of the windows on Wall St. anytime! Where is Birchtree?

 

[Wizard]

Hello Mr. Wizard.

I love that cartoon. Bingo, that is where I got my log in name.

 

[Birchtree]

Birchtree is around - I started the year with the C fund at $13.55 - may see it again before this nonsense is over. Remember the bull market wants to shake you off. This is just a temporary overreaction and investing life will go on as usual. This may be the last correction opportunity for many months so enjoy the pain. Pain is good and will eventually start to feel good if you are dollar cost averaging and doing dividend reinvestment. As always.

Dennis - permabull #1

 

[Wizard]

Birchtree is around - I started the year with the C fund at $13.55 - may see it again before this nonsense is over. Remember the bull market wants to shake you off. This is just a temporary overreaction and investing life will go on as usual. This may be the last correction opportunity for many months so enjoy the pain. Pain is good and will eventually start to feel good if you are dollar cost averaging and doing dividend reinvestment. As always.

Dennis - permabull #1

Overreaction to what? The fed "one and done spin" for the last 18 months was B.S.

Pain feels good when you buy the same fund $1.00 a share cheaper while at the same time staying positive for the year. :embarrest:

 

[Birchtree]

I have time on my side and I'm in no rush to go anywhere except to stay 100% C fund - gotta have my value large caps. I would suspect that I have been through more corrections than the Wizard can count. I don't panic that easy and don't bother bringing up 2000 - I wasn't in technology. I was buying small caps when they were unloved and now I'm buying large caps - each his own due diligance. Got gold?

 

[robo]

Birchtree is around - I started the year with the C fund at $13.55 - may see it again before this nonsense is over. Remember the bull market wants to shake you off. This is just a temporary overreaction and investing life will go on as usual. This may be the last correction opportunity for many months so enjoy the pain. Pain is good and will eventually start to feel good if you are dollar cost averaging and doing dividend reinvestment. As always.

Dennis - permabull #1

Birchtree,

Please keep posting! We need some Bulls around these days!

Thanks, my friend!

 

[FundSurfer]

I added to my short at 1258.82.

Hey, I just got a buy signal!!! C-fund just bottomed and should shoot up from here. Hold on for a heck of a ride!!!

 

[James48843]

I give up.

I throw my hands up in the air.

What weird markets we have.

 

[robo]

Hey, I just got a buy signal!!! C-fund just bottomed and should shoot up from here. Hold on for a heck of a ride!!!

I did also on small caps. You are correct, HOLD ON!!! We need to see what the Big Boys do next week. They are on a Buyers Strike!!! They want to shake out has many as they can before they run it back up. The next few weeks is going to be wild!!!

 

[mlk_man]

Hey, I just got a buy signal!!! C-fund just bottomed and should shoot up from here. Hold on for a heck of a ride!!!

Fundsurfer, if you're still using the part of my orginal system from two years ago were a buy signal is triggered when the current price of the S fund falls to 3% below the 63-day MA, it triggered yesterday..............

 

[TiCKed]

I just wish the markets were as predictable as some of the posters to this message board.

Looks like a rubber ball today.....But I have a feeling that last hour will look like the ball fell off the table again. Next week will be the REAL bounce!

(My predictions are worth exactly what you paid for them...... )

 

[ATCJeff]

Go baby, go!

Everything is now green.....

Jeff

 

[mlk_man]

Kind of feels like this today...........

 

[Birchtree]

In the 2000, 1994, and 1988 cycles, the Fed did not wait for inflation to recede before it pressed the pause button; policy makers simply had to be convinced that the economy was growing at a slower pace, which would then alleviate the pressures on inflation (resource utilization). The pause is still on the table in my opinion. For example, by the June 2000 meeting, all the Fed needed to go on hold were signs of a tentative slowdown in demand even as inflation concerns were mounting. Housing is slowing, commodities are breaking their speculative trends, wages are not advancing. Does history repeat, we'll see.

 

[mlk_man]

wages are not advancing.

Yeah, we know about that.........2.7% next year.......

 

[mlk_man]

Bulls are fighting to keep SPX 1258. I added to my short at 1258.82.

Get er done. Take er down. :embarrest:

G fund is beating the C fund year to date.

Why do you cheer for the market to go down? A lot of people here only have their TSP as their retirement vehicle. You can't really fill that tank up unless the market is going up.

To cheer a falling market on a "TSP talk" forum is just ludicrous and shows sign of some hidden agenda...............

 

[Birchtree]

A couple of Fed guys out talking today - some worried about inflation, some not worried about inflation - concerned about the lag effect of the interest rate increases. A pause is still on the table. We should expect a replay, more or less of the soft landing of 1995-96. The large caps outperformed during that particular time period. Holding my cheeks together.