pointman72 Account Talk

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pointman72

pointman72

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Initial Post:

I like everyone else is suffering from the new deadline restrictions. Monday (20 March) made the move to 70% I and 30% F in the hope that International Market would continue rising and the correction/consolidation for our market would start (old concept stocks decline/bonds rise). Made conscience decision yesterday to remain at this distribution through Thursday night. Risk is acceptable during the week but like to sleep good on the weekends.

Submitted IFT for today to 50% G and 50% F effective Thursday night (23 March). Will allow things to evolve, monitor the outcomes and probably resume trading early next week. That is assuming that by then the system will support daily IFTs again. Trying to guess the market 2 days in advance during this turmoil is rough for a newbee.

In advance, appreciate the opportunity to bond with such distinguished experts. :D
 
Re: Days of Doom

Personally I believe it is a bad policy resulting from an over reaction. Do not understand why an interfund transfer from one fund to another is being scrutinized, resulting in a two day wait. Would imagine they should only be providing verification for actual withdrawls or loans from the TSP program. Am I off base or did I miss something? :worried:
 
Some times we just make money accidently.

Put in an IFT yesterday (22 Mar)and didn't think it would take effect until cob today (23 Mar). Anyway the change was made last night, so maybe we are back to one day IFTs again instead of two days.

Since the change was made last night advoided the I Fund beating today that would have been for 70% of my funds.
 
Pointman72,
Welcome, the more the merrier!!
TSP will only Guarantee IFT within 2 working days. If you call the Thrift Line to make a transfer they say it will be effective within 2 days, buttttt---- The other day when they shutdown on line transfers I made an IFT via the Thrift Line at 10AM EST and it was affective the COB (close of business) that day. As far as I know they have NOT changed the policy and still TRY to make IFTs effective the COB the same day.
Best of luck in your investments!!!! :D
NNUUT
 
pointman72 said:
Some times we just make money accidently.

Put in an IFT yesterday (22 Mar)and didn't think it would take effect until cob today (23 Mar). Anyway the change was made last night, so maybe we are back to one day IFTs again instead of two days.

Since the change was made last night advoided the I Fund beating today that would have been for 70% of my funds.
Click to expand...

EZ thing to remember, if you make an IFT prior to noon EST, the allocation is normally effective the next day

For example, if you were 100(G) today and made an IFT for 100(S) @ 11:30am, you should wake up the next day to 100(S).

God Bless:)
 
Made an IFT for COB today to 75% I and 25% S.

Know this is against the concenous of the group, but sometimes the pointman must go where others dare.

Betting there is one last spike next week before the consolidation/correction. Normally don't like to do this over a weekend, but think the fireworks are going to start first thing Monday morning and want to get my money in before the price gets any higher and the risk increases.

Have a great weekend all and thanks for the opportunity to excel.
 
IFT for COB today 100% I.

Great results yesterday and super so far today. With the International Market highs and new highs, believe we will actually see 3 up days in a row. Will have to do a lot of pondering between now and tomorrow's cut off since I like to take an R&R (rest and relaxation) over the weekend.

But got to make some dimes before everything begins to decline and we begin penny hunting. Was really hoping the s fund would get inflated to stay within a reasonable limit of the I fund, but apparently that is not the case.
 
IFT for COB today 100% G

I rolled the dice and crapped out.

Started the month 100% I, made good profits Monday through Thursday, then lost 3/4 percent on Friday. Yesterday was break even. It looks like I'll end up giving my profits so far this month back based on the negative results of I today.

Knew going in this was going to be a real crap shoot. Historical data for April of 04 & 05 shows a 2 to 3% drop for the S & I funds during this time period. However, could not find any historical data for the S & I fund when we are experiencing new highs at the end of a 3 year run. So thought it was worth a gamble. Still do not regret the decision to try.

Am going to sit on the side lines (hope I can find a seat) until something changes. Will either go 100% I or S based on my gut read when I beleive we have bottomed out.

Good luck to all thoses still in the action. The pointman is going on R&R (rest and relaxation).
 
IFT for COB today 100% I.

Think we have bottomed out for now. If not, can't be much of a slide left till we hit bottom. Gonna throw the dice.
 
IFT for COB today 100% S.

Been a good run for the I fund. Think it will pay today but will be flat for tomorrow. Need to make some dimes before everyone starts chasing pennies.

I believe some of the money that has been on the side is going to infuse the small stocks today and tomorrow. This will be combined with whatever spurred the market this Thursday of last year (hopefully the same strong earning reports). Gut tells me the S fund is the place to be tomorrow.

Friday maybe another story. Dice have been thrown.
 
IFT for COB today to 100% I fund.

Been sitting on the side lines waiting for an opportunity to get back in the market. Last time I traded was 3 days after the I fund high of $20.95 when I moved from 100% I to G. Only lost 2% of my gain.

The reason I'm moving in to the I fund is simply the fund has lost about 10%, the dollar for the last week has somewhat stablized (as many highs as lows)and I feel it is about time for the international community to realize they do not have to minic the US economy.

Really believe the big winner in the next 2 months is going to be the S fund. However the dollar will need to begin a constant steady rise and the C fund will need to stop dragging down the S fund for it to accelerate the way it did this time last year.

By the way this time last year the S fund surpassed the I fund and over produced it by $1.50 in a 2 month period. If the dollar will begin a steady rise the Japanesse and European nations will again begin placing orders for American goods that will provide the momentum to get the S fund moving.

Think I'll stay in and out of the I fund for a while till it is clear the S fund has bottomed out and is ready to out preform the other stocks. My opinion.
 
IFT for COB today to 100% G fund.

Great plan and it is solid. However, timing is off, need to be more patient and wait until the international market realizes they are leaders and not followers.
 
IFT for COB today for 100% S Fund.

Think I may catch a bounce tomorrow and tuesday (Monday is a holiday). Think the dollar may rise a bit to help the bounce.

Really wanted to go I fund but Asia and Europe can't get their act together at the same time. Plus I think the Dollar is going to rise a little which will reduce any gains made in the foreign markets.
 
IFT for COB today for 100% I Fund.

Think conditions are Green and the timing is now right to make some big profits.

Was wrong on the dollar it has been down now for 2 days.

Plus our market will be closed on Monday thus allowing the international community to function without influence from the American markets. Our market is green today (positive indicator), this maybe the time for the international community to realize they don't have to mirror our markets.

Hope to make 2 percent on Monday alone. :D
 
IFT for COB today for 100% S Fund.

Just trying to get a piece of the bounce tomorrow and then plan on being out on Friday.

Really wanted to go I fund but Asia and Europe can't get their act together at the same time. Not sure what the dollar is going to do from day to day, how the overseas markets are reacting to the fluxuations from one minute to another which adds to the unpredictability of getting in the I fund. Trying not to lose a lot but gain a little here and there.
 
IFT for COB today for 30% C Fund, 40% S Fund and 30% I Fund.

Believe we can make some money on Monday, question is which fund will out perform the others and will the I fund actually pay the gains? Can't figure it out so I'm putting away my sniper rifle and throwing a handgrenade instead. :D
 
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