nasa1974's Account Talk

[Birchtree]

The bigger question should be what kind of rebound can you expect - how long in time to regain that give back.

 

[weatherweenie]

What the heck happened yesterday? It looked like it was going to be a sell for profit day. Not unexpected after the way that May ended.
But -$2.67 for the S fund. Where did that come from?

Fortunately for S funders, the Yahoo S fund quote is wrong. It is 'only' down about 0.50% vs 2% Yahoo is posting

 

[nasa1974]

Fortunately for S funders, the Yahoo S fund quote is wrong. It is 'only' down about 0.50% vs 2% Yahoo is posting

Not sure what is happening with the S fund and Yahoo. There has been charting problems for the last couple of days. It was tracking correctly this early morning. Had to go to a couple of different sources to verify problem. Do not like to see a minus 0.50% but better than the minus 1.99% Yahoo is showing.

 

[nasa1974]

The bigger question should be what kind of rebound can you expect - how long in time to regain that give back.

I'm hoping the rebound happens soon because I do not expect the month to be favorable. Last June only had a few positive days. But I will say the minus 2.67% yesterday was a surprise.

 

[nasa1974]

Departing Commerce secretary laments government's 'aversion to failure'
By Charles S. Clark cclark@govexec.com June 2, 2011

"Commerce Secretary Gary Locke, in a valedictory address of sorts, spoke of a need for clear metrics in program evaluation and called for federal managers to overcome "an aversion to failure and risk," speaking Thursday at an event sponsored by the Partnership for Public Service..."

http://www.govexec.com/story_page.cfm?articleid=47930&dcn=todaysnews

 

[nasa1974]

WOW!! Down another 1%+ That's over 4% for only the first three trading days of June. Let's hope next week can give most of that back. I sure do not want a minus 8% like last June.

 

[nasa1974]

GOP report says private airport screeners can do more for less
By Joseph Marks jmarks@govexec.com June 3, 2011

"On the heels of a successful charge in the House to cut funding for the Transportation Security Administration's airport screening staff, a Florida Republican has unveiled a report claiming TSA screeners cost roughly twice as much as private screeners and don't do the job any better.
Rep. John Mica, R-Fla., said the report proved the United States could save $1 billion over five years by switching its 34 largest airports to private screeners supervised by TSA employees. The study was produced by GOP staffers at the House Transportation and Infrastructure Committee, which Mica chairs..."

http://www.govexec.com/story_page.cfm?articleid=47940&dcn=todaysnews

 

[nasa1974]

From Nextgov: Airport body scans to get less personal by early 2012
By Aliya Sternstein asternstein@govexec.com June 3, 2011

"The Transportation Security Administration expects to mask full-body images on about half its 500 passenger screening machines nationwide by the end of the year and upgrade the rest shortly thereafter, the agency's top official said Thursday evening."

Read the full story on Nextgov.

 

[nasa1974]

House panel cuts more than $1 billion from nuclear agency budget
By Martin Matishak Global Security Newswire June 3, 2011

"An influential congressional panel on Thursday adopted a fiscal 2012 spending bill that would cut nearly $1 billion in proposed funding from U.S. National Nuclear Security Administration's weapons and nonproliferation programs.
The budget blueprint released by the House Appropriations Energy and Water Development Subcommittee would provide the agency roughly $10.6 billion in fiscal 2012 to maintain the country's nuclear stockpile, conduct nonproliferation activities around the globe and other work, including its naval nuclear reactor program and defense environmental cleanup efforts..."

http://www.govexec.com/story_page.cfm?articleid=47936&oref=todaysnews

 

[nasa1974]

Analysis: How to cut costs and improve performance
June 3, 2011

"The federal government faces an estimated annual structural deficit of $500 billion to $700 billion. A deficit of this magnitude represents a major threat to the economic health of the nation. The structural deficit is defined as the portion of the total annual deficit that results from a fundamental imbalance in receipts and expenditures, not just one-time occurrences or changes in the economic cycle. Steps to reduce and eliminate this structural deficit are urgently needed..."

http://www.govexec.com/story_page.cfm?articleid=47935&oref=todaysnews

 

[nasa1974]

Yahoo! Finance

Stores Stock New Bulbs for the Light Switch

by Gwendolyn Bounds
Wednesday, June 1, 2011

provided by


"Turns out, changing a light bulb is harder than it seems.
New bulbs using halogen, compact-fluorescent and LED technologies have been sprouting up on store shelves recently. The flurry of products is a result of legislation passed in 2007 that requires general-purpose bulbs, starting in January, to be at least 25% more efficient than those using standard incandescent technology invented by Thomas Edison in 1879..."

http://finance.yahoo.com/family-home/article/112839/stores-stock-new-light-bulbs-switch-wsj

 

[nasa1974]

Printing office joins list of agencies looking to downsize 06/07/11

GOP targets automatic deductions of union dues 06/07/11


http://www.govexec.com/

 

[nasa1974]

HIGHLIGHT

Slideshow: NASA's Wild Ride
The shuttle program's 135th launch, planned for late June, ends a chapter in NASA's storied history of space transportation. View the photos.

 

[nasa1974]

Here is the link to the April meeting minutes from the FRTIB.

http://www.frtib.gov/pdf/minutes/2011Apr.pdf
​

 

[nasa1974]

I made an IFT today in the TSP account only to reflect my real world account. My allocations have been going into the C fund lately and it finally reached 1%+. So I am now 1% "C" and 99% "S".

 

[nasa1974]

Agency contributions to federal pension plans will rise in October
By Kellie Lunney klunney@govexec.com June 9, 2011

"The government will contribute more to the pension plans of federal employees, including lawmakers, in fiscal 2012, according to new figures published in the Federal Register..."

http://www.govexec.com/story_page.cfm?articleid=47978&dcn=todaysnews

 

[nasa1974]

• IRS commissioner warns against cutting his budget 06/09/11 Shulman tells Senate panel his agency collects $200 for every $1 invested in enforcement, IT and management systems.
• Third rating company threatens to downgrade U.S. credit 06/09/11 Fitch Ratings says it will put the United States on watch.
• From Nextgov: Satellite and aircraft images play key role in battle against massive Arizona fire 06/09/11 High-tech tools help managers plan where to set backfires, place bulldozers to clear fire lines, drop retardant by helicopter and position nearly 200 fire engines.
• FCC: Should the government save the media? 06/09/11 Study recommends more disclosure from broadcasters.
• The Week in Comments: Unions and contractors 06/09/11
• National Counterterrorism Center head to leave 06/09/11

 

[nasa1974]

Biden to unveil new plan to cut government waste
By Joseph Marks jmarks@govexec.com June 10, 2011


"Vice President Joe Biden is scheduled to announce Monday a new plan to cut waste across government agencies. The plan is related to a proposal from the government's chief stimulus spending watchdog that all tracking of government spending be modeled on the Recovery Accountability and Transparency Board's oversight of the $787 billion stimulus bill and aggregated onto a single website, Recovery Board spokesman Ed Pound said Friday..."

http://www.govexec.com/story_page.cfm?articleid=47988&dcn=todaysnews

 

[nasa1974]

• OPM: Pay raises are not a given 06/10/11 Director John Berry reminds agencies that mediocre employees should not receive automatic step increases.
• From Nextgov: FEMA watchdog endorses data mining to uncover overpayments 06/10/11 Inspector general urges the disaster assistance agency to replicate pattern-detection software used to monitor federal stimulus spending.

• Defense nominee backs prompt global strike effort 06/10/11 Panetta wants capability to deliver conventional warheads to any point in the world.
• Senate panelists debate independence of proposed board to sell property 06/10/11 Obama plan for civilian-style BRAC divides stakeholders on oversight and priority of helping the homeless.

 

[nasa1974]

June is kicking my butt and we are only halfway through the month. MTD -6.97% YTD +3.79% , but that is pretty much do to my monthly allocations. I hope I can at least break even for the month, let alone see a profit, but right now I would be happy to cut my losses in half. :blink: