NSurf9 Account Talk

Sort by newest Sort by date
The day's not over and I see the drain plug was pulled on F fund about 11am today. Treasury's anyone? No there isn't any thing there either. I fund is, however, showing it's usual sluggish upswing behind the other faster upswing C and S.
 
Feel that wind?! Got to wait and float thru the small and the chop to get to the big ones.
Looking to hang 10 and . . . maybe . . . rest in F if Hurrican Ike heads north.
 
Hey, just noticed returns for I fund: TSPTalk = -23.50%; EAFE (yahoo) -10.86%; TSPGov = -17.68%. Heck, if the difference was was less that 10% percent, I wouldn't have noticed it.

The answer to all the US economy's woes is strenght at all levels of endevor.

Yes, I'm still breathing!
 
The TSPTalk YTD return of -23.5%, as of 9-11-2008, is correct. The TSP.gov YTD return of -17.68% is correct, as of COB 8-31-2008. You have to pay attention to the "as of" date. The EAFE (yahoo) YTD return of -10.86% is for ISHARES MSCI EAFE FD which is not the I Fund. Its an Ishares Electronic Traded Fund (ETF) of MSCI stocks that included a fund distribution made on June 24, 2008. This would improve its YTD return compared to the I fund which does show distributions.
 
Ok, there is something better than 1-legged surfing with your eyes closed. . . . Its 1-legged surfing with your eyes closed WITH NO SHORTS.
 
If the C, S funds hit 4% today, every 6-pack Joe in the country (world) will have popped-open all of his cans and tapped a keg this weekend.

I'm staying invested - tough call though - will the party mood fade over the weekend or will it be Sunday night before we all shake off the past month's pain to gets into the partying monentum.
 
I think Congress's real problem is they no longer have any Sept IFTs left and they want to drag the passage of the package closer to the end of the month, where they make trades.

Got to go . . . surf's up.
 
well:

If there's alot of buying out there on the belief that crisis-management "let's throw money at it" attitude will work; expect the short term selling to continue if it doesn't pass. And buying if (and when, and in what form) it does pass - which should make for a great selling opportunity IMO.

In the long term, I don't see what this bailout accomplishes for the economy - the debt is still bad, the root cause of the problem - if you want to call it that - is not affected by the action (grossly inflated housing values, which are declining to normal levels, i.e., supportable by 2.5-3X gross income, and normal credit terms, i.e., 30 year fixed, 20% down, 6% - and probably more in the near future - interest rate).

I think the true reality check will come in the form of domestic economic data such as unemployment and retail sales, especially the holiday season.
 
amoeba said:
In the long term, I don't see what this bailout accomplishes for the economy - the debt is still bad, the root cause of the problem - if you want to call it that - is not affected by the action (grossly inflated housing values, which are declining to normal levels, i.e., supportable by 2.5-3X gross income, and normal credit terms, i.e., 30 year fixed, 20% down, 6% - and probably more in the near future - interest rate).

I think the true reality check will come in the form of domestic economic data such as unemployment and retail sales, especially the holiday season.
Click to expand...

I agree and have been saying all along that CRISIS ASIDE...we are still slowing down economically. I would go as far as to say much of the bull market of the last 5 years has been manufactured...based on fake money. That same money is evaporating now. Thank you congress for the virtual tax rebate on the order of tens of thousands of dollars...it was nice of you to buy us 60" plasmas and Escalades. Oops, I guess we have to pay it back somehow. That means as a nation, we work for several years to pay off the debt, without buying much of anything. Flatline.
 
Hadn't thought of that angle.
PS: Never thought I'd catch you this year in the Tracker numbers; w/i 0.05% :nuts:
nsurf9 said:
I think Congress's real problem is they no longer have any Sept IFTs left and they want to drag the passage of the package closer to the end of the month, where they make trades.

Got to go . . . surf's up.
Click to expand...
 
Corepuncher said:
I agree and have been saying all along that CRISIS ASIDE...we are still slowing down economically. I would go as far as to say much of the bull market of the last 5 years has been manufactured...based on fake money. That same money is evaporating now. Thank you congress for the virtual tax rebate on the order of tens of thousands of dollars...it was nice of you to buy us 60" plasmas and Escalades. Oops, I guess we have to pay it back somehow. That means as a nation, we work for several years to pay off the debt, without buying much of anything. Flatline.
Click to expand...

CP, you are correct that we are slowing down. Don't you think some of that is already priced into the markets? The markets really haven't reacted to the last couple of bank closings and poor market data. There were the government manipulations going on at the same time though.
 
Last edited:
I don't know what good or bad will come of this. The fact is the air bubble in the credit posture has to be removed, then we can move this trillion dollar economy forward. Without, we'll be at the mercy of the sea without any ability to head in the "right" direction or keep the water out of the hull.

May have been a smart move to get out with the ~10% yesterday, 'cause I know how fast congress works in a housefire. Also I would have liked a move to "I" because of the dollar devaluation and its massive elasticity. C could still be good the longshot.

With a good internet site, and financing the Government can move these properties quickly and the current itself will begin to move the real estate sector.

I can only hope for the best and perhaps buy some RE at the bottom . . . until then - darn good surfing - if I had an IFT a day, or could "day trade," I could have made a mint this week and billions (ok, several thousand) dollars this year in the TSP alone.
 
Ever since the new IFT rules, I get to surf up and down the autotracker and watch my account go up and down, but mostly down - its ... some ... much ... fun!
 
nsurf9 said:
Ever since the new IFT rules, I get to surf up and down the autotracker and watch my account go up and down, but mostly down - its ... some ... much ... fun!
Click to expand...

Nsurf,
The way I see it: You are a Pro - so it makes no difference where you are on the Auto Tracker.

I use to watch it but now only go on to post an IFT.

As the Markets have tumbled so much lately - and it's highly unlikely we will see much of a 'huge rally' SO you're better off not watching too closely.

Anyway - that's my 2 cents
 
Birchtree said:
What happens if we push up another 500 point day tomorrow. That would please me.
Click to expand...

Me too ! But the longer this "Deal" drags on the less likely anything spectacular will happen.

From my perspective - the quicker it happened the greater the odds of a super rally.

Time will tell but I think if Congress waits another week or so that the Markets will move up a little - but likely stay about the same.
 
You must log in or register to reply here.

Similar threads

NewsFeeder
Here's why you may get a smaller pay raise next year
Replies
0
Views
118
NewsFeeder
NewsFeeder
NewsFeeder
Job seekers are sour on the cooling labor market
Replies
0
Views
116
NewsFeeder
NewsFeeder
NewsFeeder
Major global chip equipment makers' China revenue share has doubled since U.S. impose
Replies
0
Views
154
NewsFeeder
NewsFeeder
TommyIV
  • Article Article
TSP Talk Weekly Wrap Up - Opportunistic Investors
Replies
0
Views
88
TommyIV
TommyIV
TommyIV
  • Article Article
TSP Talk AutoTracker - Up 14% for November and Clinging to the S-fund
Replies
0
Views
323
TommyIV
TommyIV
Back
Top