James48843
TSP Talk Royalty
- Reaction score
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OK Guys- what do you think? Are we going to get a bounce here? Or are we still headed down?
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There are a few things that don't bounce very well; cookie dough, peanut butter, etc... They kinda just splatter. I think were going to see more of this coming.James48843 said:OK Guys- what do you think? Are we going to get a bounce here? Or are we still headed down?
Hope you're right. The four-year cycle low runs roughly April through September. When TSP investors choose to sit it out, they fare well by the end of that FYCL year; October - December. There are bond & market buying oportunities during the FYCL six month time frame, but the average TSP investor should just sit it out. I recommend the G Fund. If on the other hand you've chosen to play the TSP during the FYCL this year, and lost money... you've got your work cut out to recoup your loss. I hope you do not loose more while trying. Remember you're dealing with TSP here... not a brokerage firm to buy Burger King or Vonage Stock. JMHO.Birchtree said:This will be the fifth correction we've had since 2004. The others were in the range of 5% to 7%, so we may have the rest of the month to diddle around before the bull trend resumes. The 4 year cycle low is destined to be due October 8 - so there may be more pain later in the year - but it doesn't mean much from a longer term perspective.
Birchtree said:This puppy is moving fast today - did we just place the intraday low on the S&P 500 at 1245? Could very well be the case.
Birchtree said:This puppy is moving fast today - did we just place the intraday low on the S&P 500 at 1245? Could very well be the case.
teknobucks said:
FUTURESTRADER said:DWCPF & EFA...macd histo turning up, slow stochs turning up, 3 ema turning up...stir in end of month buying, bake for 2-3 day bounce?![]()
robo said:.... If you started scaling in last Tuesday or Wednesday like I did, then you are underwater in these positions right now. So what is the proper course of action at this point?