nasa1974's Account Talk

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OK!! The market is teasing me again. :suspicious: I need less than a 2.5% gain to reach my 2008 ending balance. :worried: Sure would like to see June give me one more month in the green. Historically, July has been very negative and I do not think I would like to ride that train. :nuts: Good luck to everyone today.
 
Reading some of the other accounts that I trust and respect. It seems that there is one underlying fact and that is "MARKET CUNFUSION". What I mean by that is that no one seems to be able to read what or how the market is going to react. Back when I joined this thread you could follow the charts and whatever helped show what direction the market would go. It wasn't perfect but the odds were in your favor. NOW it is impossible. The market just doesn't react the way that you would think it should. Good News and the market might tank. Bad News and the market might gain 3%. :confused::confused: Is FRIXXX close to being right and the market is really being manipulated. :rolleyes: Just amoe thoughts. :nuts: Good Luck to everyone today and lets hope you guessed right. Blow on the dice and close your eyes (7/11 or snake eyes)
 
WOW!!! Talk about crazy. The market was nuts between 3 and 4. I left work at 2:45 and I was over 2% and C & S was over 1.5%. At around 4:30 I checked the close numbers and a large sell off with strong volume to bring the funds back up for a save. :worried: Pass the maalox. :suspicious:
 
Isn't it strange that in early 2008 when the price of oil was escalating like crazy the market did just the opposite, oil up - market down, oil down - market up. Now the market follows oil. Oil up - market up. Oil down today and the market is falling like a rock. Hopefully the pond is shallow.
 
This also on WorkFE's account.

Quote:
Originally Posted by WorkFE
This is where our I fund shares reside?

http://money.cnn.com/2009/06/12/news...ion=2009061204



Below is part of the press release from the FRTIB that contracted with Barclay's to manage our funds. The press release is dated 9/6/06. What does the BGI sale to Black Rock mean???

FEDERAL RETIREMENT THRIFT INVESTMENT BOARD
ANNOUNCES VENDOR SELECTIONS FOR INVESTMENT FUNDS AND PARTICIPANT SURVEYS

​
Washington, D.C. (September 6, 2006) — The Federal Retirement Thrift Investment Board announced today that Barclays Global Investors, N.A., of San Francisco, California, has been selected to manage the Common Stock Index Investment (C) Fund, the Small Capitalization Stock Index Investment (S) Fund, the International Stock Index Investment (I) Fund, and the Fixed Income Index Investment (F) Fund of the Thrift Savings Plan (TSP) for Federal employees. The selection results from competitive procurements initiated by the Board in May 2006 through release of Requests for Proposals (RFPs).
Barclays is the largest manager of institutional assets in the world and the largest provider of both index and quantitative investment strategies with over $1.6 trillion in assets under management on behalf of 2,860 institutional clients. The Board intends to make a formal award shortly through a contract with Barclays.

Link to the complete press release:
http://www.tsp.gov/curinfo/pressrel/...aysvendor.html
 
Well it looks like our TSP funds will be managed by BlackRock. Our board members are silent once again. How will this affect our funds? Theoretically it should be seamless.
 
NASA I agree it should be seamless. BGI or Blackrock are only the vault, investment direction is determined by the FRTIB not the firm.
We shall see
 
Birch sure is a "half glass full" kind of guy. Still talking manure kind of market. :nuts: Even after getting spanked yesterday. :sick: Hang in there Birch.
Me, I just want to get back to where I was at the beginning of 2009. Everytime I get close the market doesn't have a down day it has a fall in the well day. :mad: DANG IT!!!
I will say one thing, the market sure doesn't seem to follow any kind of trend or logic. :confused: Almost like there is a puppet master pulling on the strings of the marionette.
 
Here is the latest from the FRTIB on our TSP.


GovernmentExecutive.com

http://www.govexec.com/story_page.cfm?articleid=42967&dcn=todaysnews

Retirement savings plan reforms could unfold rapidly

By Alyssa Rosenberg arosenberg@govexec.com June 16, 2009

Changes to the Thrift Savings Plan passed by Congress last week could begin to take effect in July, the staff of the Federal Retirement Thrift Investment Board said during a meeting on Tuesday.
The board is preparing agencies to implement a provision in broader tobacco legislation (H.R. 1256) that would make new hires immediately eligible for an automatic 1 percent agency contribution to their Thrift Savings Plan accounts, according to Pamela-Jeanne Moran, TSP's deputy director of external affairs. Agencies could be ready to go as early as next month, she said. Currently, there is a waiting period before agencies begin making the automatic contributions, which are separate from funds they deposit to match employees' voluntary contributions out of their salaries.
 
What a day. Market is down. No, wait a minute, it is up. Nope down again. Now it is mixed, what time is it. Down, up, down, up, down. 3:30 and everything is green, holding breath. 4:00....dang!!! F and I are green and C,S is red. Now what do we do tomorrow? :D:D
 
After 9/11 Bush puts out all these security measures and it starts to feel a little like "Big Brother". Now that Obama says that the government needs to oversee how the banks do business, it is starting to feel more like an Orson Wells novel. Just an opinion.
 
Those of us that had some shares in the I fund can thank the fund managers for a negative day yesterday. The market closes and the EAFE fund finishes positive but the managers decided to take some back and we lost .02 per share. :mad: Have a good day.
 
Something interesting to ponder. :D

From: Stocktiming.com
Every night, we crank our computers up as they look at every stock trading $2 or higher on every exchange.
We get a count of the Very Strong Leadership stocks and a count of the Very Weak Stocks in the Broad Market. From this data, we create a Ratio showing the advantage or disadvantage Leadership stocks have over the Broad Market.
The result shows if Leadership stocks are growing faster than the broad market (a rally condition), or if Leadership stocks are falling relative to the broad market (a negative condition). (In market corrections, the Ratio goes Negative indicating that Weak Stocks have outnumbered the number of Strong Stocks.)
So ... what is our Leadership Stock Ratio showing now?
Well, on March 23rd, the Leadership Ratio finally went positive and started to pull the Broad Market up.
The Leadership Ratio continued to trend higher until May 13th. when the primary trend's support line was broken. That ended the primary move, and was the beginning of a secondary up trend on the Leadership Ratio.
On June 2nd, that second Leadership up trend hit its peak when it tested the resistance line at Label 1 and failed to penetrate it. And then recently, on June 15th, that second Leadership up trend had its support line broken to the downside. The market has been moving lower since that break on the 15th. * See the today's chart for the Leadership Ratio action on these dates and where it is now.
What now?
Well, our Leadership Ratio is down low, but it is still positive ... so here is the Big Question right now:
Will the Leadership Ratio start a third up trend now? Or, will the Leadership Ratio continue to move down and go negative which would set the motions in play for a correction?
*** Right now, the Leadership Ratio is sending a "Caution-Alert" message, and what it does in the next few days will be critical.
Please click this link to go to today's stock market update:
http://www.stocktiming.com/Thursday-DailyMarketUpdate.htm
(If you are having trouble with the link, copy and paste it in your browser ... or if you happen to see last week's page, just hit the refresh button on your browser.)
Regards,
Marty Chenard

StockTiming.com
80 Botany Drive
Asheville, NC 28805
Tel: 828-296-1200
 
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