nasa1974's Account Talk

Hope everybody has updated there antivirus software. If not make sure you do it today. Tomorrow April 1st a real nasty virus is supposed to take contol of all computers infected. Good Luck.
 
Well as surprised as I am I will finish for the month on the positive side for a change. Been a handful of months since I have been able to do that.:D Lets hope April continues the run of the bulls.:notrust:

It will be interesting to see what kind of spin the FRTIB puts on the month of March.:rolleyes:
 
Ladies and Gentlemen "START YOUR ENGINES"!!! :nuts: You now have a fresh start for the month. :laugh: Use your IFT's wisely. ;)
 
Well a nice start not only for the month of April but the beginning of the second quarter. Just an opinion, but if you are not currently taking a chance in a fund other than G, I think I would wait until the G-20 summit is over. Depending on the outcome the other shoe could drop us to a new low or we bust a gut all the way past 900 (S&P500) by the end of April. Good Luck to everyone.
 
From: GovernmentExecutive.com

Retirement reform bill clears the House

By Amelia Gruber agruber@govexec.com April 1, 2009

The House on Wednesday approved a retirement reform measure that includes language ensuring sick leave is treated similarly in both federal retirement systems.
The bill (H.R. 1804) would give workers in the newer Federal Employees Retirement System credit for their unused sick leave when they retire, putting them on par with colleagues in the older Civil Service Retirement System. It also contains provisions to enroll new employees automatically in the Thrift Savings Plan and create a Roth Individual Retirement Account option within the 401(k)-type program. It gives the TSP board the authority to add self-directed investment window options if doing so is in the best interest of participants.
Finally the legislation, sponsored by House Oversight and Government Reform Committee Chairman Rep. Edolphus Towns, D-N.Y., would remove rules that effectively penalize CSRS employees for working part-time at the end of their careers and allow FERS employees returning to government after a stint in the private sector to reinvest their retirement savings and claim credit for previous service.
The House passed the 2009 Federal Retirement Reform Act by a voice vote.
Federal employee and managers' groups praised passage of the bill, especially the provision equalizing sick leave policies under FERS and CSRS.
"Both groups of employees are dedicated public servants and both groups deserve to have their sick leave counted," said Colleen Kelley, president of the National Treasury Employees Union.
The Federal Managers Association noted that the measure would give FERS employees incentives to avoid taking unnecessary sick days, reducing the cost of sick leave to the government. FMA also applauded the TSP provisions and incentives for FERS employees to return to government service.
Darryl Perkinson, the group's national president, urged the Senate to take up the measure and pass it quickly.



http://www.tsptalk.com/
 
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http://finance.yahoo.com/news/World-markets-surge-as-US-apf-14825806.html

World markets surge as US data boost recovery hope

World stock markets surge as US data boost hopes of recovery; HK jumps 7.4 percent

  • <LI class=byline>Jeremiah Marquez, AP Business Writer
  • Thursday April 2, 2009, 7:04 am EDT
HONG KONG (AP) -- World stock markets soared Thursday, with Hong Kong's benchmark vaulting more than 7 percent, as stronger-than-expected U.S. economic figures boosted confidence the world's largest economy is on the mend.
Huge gains in Asia and a strong open in Europe followed an overnight surge on Wall Street and extended last month's rebound in world equity markets amid tentative signs of stabilization in the hard-hit global economy and banking industry. It came as Group of 20 leaders met in London for a summit that aims to hammer out policies to combat the economic slump and reform the global financial system..............
 
Well here is my update for March and the 1st quarter of 2009. If the rest of the year could be like this I would be real happy.:D

I made 7 IFT's for the month. 5 where the <1% IFT's.
The month ended at a +3.00% (actual not tracker). It could have been better but I can't complain on the lucky break I had.
The 1st quarter ended at a -9.94% (actual not tracker).
YTD -9.94%

Waiting for a good entry point to bring out the rest of the G money. Good luck to all the players.
 
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http://finance.yahoo.com/news/Wall-St-rallies-on-G20-rb-14831457.html

Wall St rallies on G20, accounting-rule changes

  • Thursday April 2, 2009, 1:14 pm EDT
NEW YORK (Reuters) - U.S. stocks jumped 4 percent on Thursday after world leaders agreed to pump an additional trillion dollars into the economy to fight the financial crisis and on rule changes aimed at giving banks flexibility when dealing with toxic assets.
Leaders of the G20 announced an additional $500 billion for the International Monetary Fund, plus $250 billion in IMF Special Drawing Rights and $250 billion to boost trade, to fight the worst economic crisis since the 1930s...........
 
Great day yesterday. Asian markets where postive and currently the European markets are mixed. For the first time since February 9th the I fund price per share is more than the G fund price per share.
 
Made my first IFT for the month. Was 38%G, 27%C&S, 8%I. Now 30%C, 35%S and 35%I. Good Luck to all.
 
Post Purgatory

Definetly going to be an interesting day. The lunch crowd just pushed the C and S funds into greem territory and the I is not to far behind. I figured today for a light sell off. MMMMMMMM!!!!!!!!
 
Posted some information on the <1% account that may or may not make sense.:D:D

Lets hope this week continues on the positive note last week ended on.:rolleyes:
 


Bulls face a challenging week

The Dow's best stretch since the 1930s could hit some resistance in a holiday-shortened week.

By Alexandra Twin, CNNMoney.com senior writer
April 4, 2009: 5:25 PM ET

NEW YORK (CNNMoney.com) -- As Wall Street comes off its best four-week run since the 1930s, investors are getting a bit more confident about the longevity of the current rally. But should they be?
After hitting 12-year lows, the major gauges have risen for four weeks straight, with the Dow surging 21.5%, its best four-week run since 1933, when it gained 31%.
"I feel like we're setting up a real generational low, whether we've seen it or are near it," said said John Wilson, chief technical strategist at Morgan Keegan. "But I would expect the market to do some backing and filling over the next six to eight weeks as we get through the bad earnings."
How the stock market reacts to the financial results will be critical, he said. Dow component Alcoa announces results on Tuesday, but reports don't start pouring in earnest until later in the month.
This week is something of a pregnant pause for investors, with no first-tier economic reports on tap and trading limited to four days because of the holidays
Passover is on Thursday, and many celebrations begin the night before. Although financial markets are open both Wednesday and Thursday, attendance could be lower. Attendance is expected to be especially light on Thursday, ahead of Good Friday, when all financial markets are closed.
April is typically a strong month on Wall Street except during bear markets. According to the Stock Trader's Almanac, ithas been the Dow's best month since 1950, for an average gain of 1.9%. But during bear markets, April tends to be a down month, according to the Almanac.
On the docket
Tuesday: Consumer borrowing costs are expected to have fallen by 1.5% in February, according to a Briefing.com survey of economists. Costs showed a surprise jump of 1.8% in January. The consumer credit report from the Federal Reserve is due out at around 2:00 p.m. ET.
Alcoa (AA, Fortune 500), as per usual, is the first Dow component to report quarterly results. The aluminum maker is expected to have lost 57 cents per share, according to analysts surveyed by First Call. Alcoa earned 44 cents per share in the same quarter a year ago. The report is due after the market close.
Wednesday: The February wholesale inventories report is due in the morning from the Commerce Department. Inventories are expected to have plunged for the sixth consecutive month, falling 0.6% after falling 0.7% in January.
The weekly crude inventories report from the Energy Information Administration is due in the morning.
Passover begins at sundown.
Thursday: March sales from the nation's retailers are due throughout the month. In February, sales at discounters such as Wal-Mart Stores helped sales overall to rise, following four straight months of declines. This month, investors will be looking to see if the consumer is continuing to hang in despite the recession.
The February trade balance from the Commerce Department is due in the morning. The trade gap is expected to have widened to $36.5 billion in the month from $36 billion in January, a six-year low.
Also on Thursday, the government releases the weekly jobless claims report and the March report on import and export prices.
Friday: All financial markets are closed for Good Friday.
 
I was expecting this kind of market response Friday so that is why I increased my fund percetages and sure enough the market rallys for a small gain. :laugh: Oh! Well! So over the weekend hope for a small but postive move starting Monday and let the rally move along. BAM!!! Not only does the weather get lousy but now the market has to bring me back to reality. :sick: Would have been a good day to stay in bed and stay under the covers. :worried:
 
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Wall Street tumbles as bank fears resurface

  • Monday April 6, 2009, 2:00 pm EDT
  • By Leah Schnurr
NEW YORK (Reuters) - Stocks fell on Monday after a warning from a prominent analyst revived worries over the health of banks and the potential collapse of a takeover of Sun Microsystems bruised sentiment in the technology sector.
Bank shares tumbled after veteran analyst Mike Mayo, of Calyon Securities, cited the ongoing consequences of risk-taking by banks and warned of rising loan losses by the end of 2010. He rated a number of big and regional banks at "underperform" or "sell.
The renewed worries about banks came on the heels of a four-day rally as the market attempts to recover from 12-year lows hit in early March.
Among financials shares, JPMorgan (NYSE:JPM - News) tumbled 4.5 percent to $27.96, while Wells Fargo (NYSE:WFC - News) dropped 6 percent. The KBW Bank index (Philadelphia:^BKX - News) fell 4.5 percent to $29.40.
"The banking system certainly is going to have problems longer term and I think you're going to have to expect there's going to be a struggle there for the next 18 to 24 months," said Bruce Bittles, chief investment strategist at Robert W. Baird & Co in Nashville.
Shares of Sun Microsystems Inc. (NasdaqGS:JAVA - News) dove 24.5 percent to $6.41 after a source with knowledge of the matter told Reuters that talks with IBM (NYSE:IBM - News) to acquire its smaller rival broke down. IBM lost 1.7 percent to $101.51 and was the top drag on the Dow.
The Dow Jones industrial average (DJI:^DJI - News) fell 138.03 points, or 1.72 percent, to 7,879.56. The Standard & Poor's 500 Index (^SPX - News) gave up 17.28 points, or 2.05 percent, at 825.22. The Nasdaq Composite Index (Nasdaq:^IXIC - News) lost 35.36 points, or 2.18 percent, to 1,586.51.
Adding to the negative tone, billionaire investor George Soros said the U.S. economy was in for "a lasting slowdown" and that it wouldn't recover in 2009. He also said the "banking system as a whole is basically insolvent.
Shares of big manufacturers, whose fortunes are closely linked to the economic cycle, were among the top laggards, with Caterpillar (NYSE:CAT - News) down 5 percent to $30.56.
A drop in oil prices hit energy shares, with Exxon Mobil (NYSE:XOM - News) down 1.6 percent to $69.29. U.S. front month crude fell $2.31 to $50.20 a barrel.
Since hitting a bear market closing low on March 9, the S&P 500 is up 22 percent, spurred by hopes that the economic slump is abating and banks are stabilizing.
The recent momentum in financials and sectors such as technology, which analysts say may lead a recovery, helped the market notch a fourth straight weekly advance last week, racking up the best four weeks for Dow since 1933.
 
:) A quick update. I'm sorry for not remembering the IFT change process exactly. Every time that I made the " Well after changing that once, twice, three, four times, before noon ", I would cancel that IFT request then make another IFT change. I'm wondering,
"Do I have 1 IFT left for April (100% G)" or 2
"my other regularly allotted IFT of the 2 IFT's per month and the default (100% G)",
Is it PARTY TIME :cool: or
time to crash at SATAN's crib again,
I tired of ringing HELL'S BELLS for weeks at a time! :mad:
I sure hope that it's the later and not the former. If anyone has any answers, input or (possible questions) please respond and I'll do my best
I think that I should plan on Satan's crib and if the LORD's grace comes my way, AGAIN, (How many lives does a cat have?)
************************************
:) Hey Everyone,
I had a bunch of free time right around 4-1 & 4-2, and I kept looking at different; posts, links, thoughts, theories, etc. Then I was getting kind of "geeky" and I jumped as far off the Lilly Pad as I could. It was early in the morning when I geeked and I made the first move at around 9:00 am. I kept reviewing different; posts, links, thoughts, theories, etc. and I decided that maybe this guy's or that girl's idea was better than mine, so I changed it. Through previous experience I had found out that whatever IFT setup that you have in there at noon is the one that is recorded. Well after changing that once, twice, three, four times, before noon, it seemed to shut me down for commiting to many IFT changes. The TSP system just seemed to wipe clean everything that I had done. The next day, I came in and looked at my IFT funds and I was 100% G fund. I took that thought to mean my multiple changes were deleted and I was now free and clear (good to go) with 2 IFT's for the month of April. I was able to make a IFT change, right then, and right now I'm wondering,
"Do I have 1 IFT left for April (100% G)" or 2
"my other regularly allotted IFT of the 2 IFT's per month and the default (100% G)",
Is it PARTY TIME or
time to crash at SATAN's crib again,
I tired of ringing HELL'S BELLS for weeks at a time!
I sure hope that it's the later and not the former. If anyone has any answers, input or (possible questions) please respond and I'll do my best.
 
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