As they say (couldn't tell ya who) during polo matches (movie reference)
"DON'T STEP ON THE STEAMING DIVETS". Boy, yesterdays market got
ugly for those of us in the stock funds. I haven't even checked to see
why yet. So with little to add but a few boo-hoo's, I'll give ya what I
have and hope the Bull is not a false promise, as some have predicted.
The EFA closed down
-1.75%
The I-Fund was down
-1.24%
The daily deficit was
+0.51% (rounded)
The I Fund closing price was 23.82
The YTD deficit stood (Wednesday) at
-.91% or +0.22 TSP CENTS
The YTD deficit stands (Thursday) now at
-.41%
I-Fund share price (23.82) x .41% = +.0.097662 or
+.10 TSP CENTS
Conclusion: The deficit was cut by almost half. Cutting the deficit on a
down day helped the I-Fund avoided a .51% additional lose. A Small plus
for such a miserable day. The deficit now holds at +.10 tsp cents. Like
the below key says; (Flip A Coin). On an ideal day, the EFA would jump
1.0% and the I-Fund would jump 1.0% + the .41% deficit it owes us.
Lets cross our fingers and hope for some positve driving news !
THE KEY:
-.05 thru -.01 Overpayment to the I-Fund (rare)
+.00 thru +.09 Low Difference (It's goals are met)
+.10 thru +.15 Medium Difference (Flip A Coin)
+.16 thru +.23 High Difference (rarely goes higher, but has)