imported post
Thursday and Friday may have been the quiet period for the market to firm up. It could be set to advance next week. If it advances through the previous peak of 1142.05 of Oct. 5, then a bull market could be confirmed. 1142 might not be the exact number, but it should be between 1142-1163; remembering the past bull market of 2003-4peaked out at 1163.23.
Conversely, if the market, for reasons, cannot advance past 1142, then we will have to wait for a new day.
If the bull market is established, then is the period of the longest and largest advances in prices.
On Friday the 29th.the S&P 500 closed at 1130.20, we have12 or more points to go before we can say the bull market is back. So close, and yet so far. Hopefully the market will get there and advance upward. In the mean time I will remain conservatively optimisticwith allocations at G:50, F:0, C:20, S:20, I:10.
Price/share wise the TSP funds closed out for October as:
1-29 Oct: G=+.04 F=+.12 C=0 S=+.04 I=+.35
Rgrds and be careful!

Spaf