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Or you can now use TapaTalk again!Market Talk
- Thread starter Spaf
- Start date
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Oh my word. I am slowly starting to move out of my shell. It may even pay off a little. I put a little out of the G fund to put into the C and S fund. Nothing to brag about mind you. Just enough to make it easier to see what happens in my account. I saw that it was starting bad and I changed. Trying to buy low and sell high for a change. Hope with the presidents swearing in the market will rally some. It goes up a day and then down. I will jump out tommorow and have been in for a day. No real pain though if I lose.
Now me, the future is something to worry about in the next several years. Why? Hey people will be taking their money and going home. Yes, we call it retiremtent. People will start putting their money in a safe place. Don't risk what you can not afford to lose.
The big chance that it could go the other way. Social Security. Yea let that go into the stock market. I suspect alot of people will move money quickly. Best way to be assured you get something. Plus, you would do better then just leaving it in Social Security's little hands. Congress would not like it. They could not spend it. People would come to see the light and more money yet would go in. Snow ball would grow.:^GGuest
Guest
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The market sold off today because of the inauguration tomorrow. If nothing happens tomorrow, the rallly will continue. Sorry Techno, you're wrong.
Good thing is, the last of the bears just sold today. Time for some "green" as someone would say!
Spaf
Honorary Hall of Fame Member
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tsptorture......I hope you are right. I would like to see our bull market back!
Since the first of the year, after the correction, the market has not given a clear indication of a primary movement (bull or bear) other than to move sideways with ups and downs. We are sort of in the clouds. The S&P price of about 1180 was my short (sell) position. I thought the advance of yesterday and the day before was a good signal, but I was wrong, and had to cancel my transfer this AM. My position at present is one of fund preservation till I see the market presenting opportunities for gains. I'm sitting in the G-fund, waiting.
Rgds, and I hope it gets green!
Spaf
teknobucks
TSP Pro
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tsptorture wrote:
hope u r right also.....i'm stuckfully invested with my tsp in stox.:shock:
just think i missed the boat not going into G on tues. had thought this week would of had more to the upside.
teknobucks
TSP Pro
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damage:
http://tinyurl.com/4upvv
http://tinyurl.com/58oyj
http://tinyurl.com/4xmwv
plus everyone bought the election and seems to be selling theinauguration....:shock:
Spaf
Honorary Hall of Fame Member
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teknobucks wrote:
I enjoy Ur posts tekno! But, it's been so cloudy how would you have found the boat without foresight of hindsight? We all have thoughts, but no crystal balls. Hang in there my friend. The G-fund takes no losses!just think i missed the boat not going into G on tues. had thought this week would of had more to the upside.
I still want to see a clear primary market direction! Not this stuff we have seen since the first of January! Could be wrong, but I see the current market as a runway full of FOD. Too risky for my TSP funds!
Rgds, enjoy! Spaf
Mike
TSP Pro
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Until the market establishes a trend, we're in for a bumpy ride. I hope that ride is upward, but I'm getting concerned.
At least Buffet came out and said the dollar is a long-term downer. Hopefully the currency traders listen to him and boost the I fund. :^
Spaf
Honorary Hall of Fame Member
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Mike wrote:
Ain't we all. I don't see any direction in this up and down trend. What to do? Don't know right now, except, to park funds and wait and see. I wouldn't recommend parking under the F-fund tree where some bird could poop on your airplane.
teknobucks
TSP Pro
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happy inauguration day......:u
http://advision.webevents.yahoo.com/scp/viewer/index_new2.php?client_id=1172&event_id=14994
teknobucks
TSP Pro
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FEARLESS SHORT-TERM MARKET FORECAST: The Market Takes A Nap --
By Tobin Smith
The cold is here, the snow is billowing and I’m hunkered down for
a cold winter's nap. Just like the market.
It is taking the two to three weeks I thought it might to get the
earnings news out that we expect will give the market enough juice
to break free of the heavy gravitational pull of low-conviction
buyers.
Sam Collins, our head technician, says it pretty darn well this
morning in his technical analysis missive:
“Yesterday was a very good day for the indexes as advances led
declines on both the NYSE and Nasdaq by 2-to-1 in reaction to
excellent earnings from stocks in a number of sectors.
"A good reaction to good news is always welcome, especially when
accompanied by daily reversals. And we saw strong daily reversals
on the Dow Jones Industrial Average, S&P 500, Nasdaq, the Russell
2000 and others.
"This sort of reaction is just what the doctor ordered and sets
the markets up for an attack on overhead resistance that has
accumulated for the last three weeks. The Dow, especially, did
well as it reversed off of a decline of over a hundred points at
the end of the first hour of trading to close up 70 points. The
markets have been oversold for several weeks and this positive
reaction to good news will bring things back to more normal
values.
"Now it will be crucial for the rally to continue in the face of
the continued good news that came after the close with the
excellent report from Yahoo (YHOO).
"Technically yesterday's reversal on the Dow is the third in the
last week and establishes 10,400-10,450 as a very important
support zone as it both held there and closed above the cluster of
moving averages at 10,600. It is time again to do some buying with
the expectation that this rally will continue long enough to
reward traders with some short-term gains and maybe even provide
long-term investors with some bargains.”
Well, so much for the Yahoo! good news for today carrying the
market.
This is now a patience-testing market. The strong numbers for Q1
forecasts we see from our most recent Alliance sales pipeline
survey are coming in slowly, so you still have some time to make
sure your money is working BEFORE the pessimism reverts to
optimism.
Sometimes the market is ALL about patience -- this is one of those
times.
Toby
Spaf
Honorary Hall of Fame Member
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tsptalk wrote:
Not capitulation! Haven't given up. Just taking a strategic repositioning of forces (sitting in the G fund with a cup of coffee, watching the whipsaws go by).Was this morning capitulation day?
See what the folks at briefings.com had to say for today:
http://www.briefing.com/Silver/InBrief/PageOne.htm
Rgds Spaf
teknobucks
TSP Pro
- Reaction score
- 3
imported post
GEEEEZZZZZZZZZZZZ!
http://chart.tradesignal.com/chartheft/image.asp?id=1193787&w=900&h=600&t=1
come on BOUNCE B#####!!!:?
teknobucks
TSP Pro
- Reaction score
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looks like the shorts may be covering now.....chatter on trading boards indicates such.
hell even a trader will big ones gets fidgetty after a nice selloff.
tekno
wish i had money in the g to move into stox:dah:
http://tinyurl.com/4xqcfimported post
Does this mean that the people who short sell the market no longer think that they can make money by shorting the market?
Didn't you recently say to be out of the Market by Friday? (I'm not challenging you, I'm just trying to understand.) So you thought that the market would be up this week, and you would move Friday to protect those gains? Now the fact that the market has been flat gives you reason to wish you were in a position to ride it back up.
Do I understand it right?imported post
Spaf wrote:
Ah! But I have a Magic 8-Ball and it says that we will "Most likely" have a rally by February.
It also told me to not let up on my I Fund position a couple of weeks ago.
The sneaky thing says to "Ask later" to moving to G in February. I guess the oracle is tired now and must rest until then.
I wonder if this will resemble 2004.Similar threads
