-
The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com
-
Please read our AutoTracker policy on the IFT deadline and remaining active. Thanks!
-
$ - Premium Service Content (Info) | AutoTracker Monthly Winners | Is Gmail et al, Blocking Our emails?
Find us on: Facebook & X | Posting Copyrighted Material
-
Join the TSP Talk AutoTracker: How to Get Started | Login | Main AutoTracker Page
-
The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com ...
Or you can now use TapaTalk again!
Play for the bounce... if only we had unlimited trades again
- Thread starter FundSurfer
- Start date
jpcavin
Well-known member
Read this and see if you still want to fight this battle. http://en.wikipedia.org/wiki/TSPTALK
I would't disagree with that article. I am not a big fan of Wikipedia however.
clester
Well-known member
Well, Europe down about 5% today and our futures down about 2%.
Europe just keeps rearing its head and knocking our markets down. We have some possible help this week if Trichet lowers rates thursday and possibly an announcement from Fed if things get bad to take some action. Maybe an oversold bounce.
I have a bad feeling though.
Europe just keeps rearing its head and knocking our markets down. We have some possible help this week if Trichet lowers rates thursday and possibly an announcement from Fed if things get bad to take some action. Maybe an oversold bounce.
I have a bad feeling though.
clester
Well-known member
Can't quite explain it but I have reversed my feeling about the market and I expect a turnaround today. We may finish positive. If I had the guts to listen my gut (no pun intended) I would buy in today with my other 50%.
clester
Well-known member
Wow. I impressed myself. Didn't go positive but a nice turnaround. I'll take it.
I didn't buy more today but I may if it looks like we will hold. It's so "doom and gloom" out there. The news is terrible. Europe is in the tank. US is broke. Political wrangling. Banks getting sued. No jobs anywhere.
Boy, I feel bullish.
dpmp
Member
Uhhh... Prolly an arm and a leg.
I think they want your money in place so that you have the illusion of winning, while they use your money doing something else.
RealMoneyIssues
Well-known member
I think they want your money in place so that you have the illusion of winning, while they use your money doing something else.
Who are you talking about Congress, or the TSP board?
clester
Well-known member
Shoulda bought today. Maybe I will tomorrow. I think we go up this week.
Just because the sentiment is negative, is it your gut again, or do you think the European issues will go away soon? I have a feeling there's a mini crash that will be orchestrated sometime this week or early next, just to force Bernanke's hand with QE3 at the Sept. meeting...
clester
Well-known member
Europe will be back. There are plenty of reasons for the market to go down.
clester
Well-known member
The 1140 area is the new stop loss in s & p. The uptrend is still in place but the question is will we take out the previous high. If we don't then we may sell off and get that crash.
So, I'm looking for a new high. Risk is down to 1140.
clester
Well-known member
Shoulda listened to my gut.
clester
Well-known member
Fundamentals in this kind of market mean nothing. Luck is really just the result of doing the right things to put yourself in the right position at the right time.
IMO, The last high 1230 is now the goal. If we don't make it above it then time to get out. The 50 dma is coming down to about 1245. That will be another place to sell if not topped.
clester
Well-known member
Maybe I'll get lucky tonight
When I saw that S fund was falling I went 100% S fund last Friday [effective yesterday.] It landed on the 20 day moving average. I hoped that Tuesday's market would find support there but it fell and then rose: ending 0.53% down. It went up 2% by 11:30 today and with the current volatility, I got out at my monthly target of 3% [3.34%]. Moved 100% into the F fund for the expected 15% fall through later in the month. Hoping to get an additional 1.4% in the F fund. Good Luck.
clester
Well-known member
3% a month would be great. Good luck.
clester
Well-known member
I have that bad feeling again. If we open down like the futures show and stay down before noon, i think that will be our lower high. Of course, with our trading restrictions we have to make an early decision and things could reverse in the afternoon.
I am leaning toward the downside. Congress back in the news is bad.
I am leaning toward the downside. Congress back in the news is bad.
Similar threads
