Striken7's Account Talk

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Striken7

Striken7

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Hi TSPTalk'ers :)

I've been reading (and learning) from this site for about a month and a half and figured I'd go ahead and make a thread.

I'm new to the TSP - I'm 25 and have been depositing for about 3 years now. I was initially putting in 5% to get my match but recently doubled it to 10%. I took the largest hit of my account yet this past August, so I've decided it's time to be more pro-active.

I retreated to the safety of the F near the end of August (unfortunately at one of the lows) and missed my chance at recouping some losses. September has been a better story, with the F Fund performing as well as it has against the stock funds. I took a chance and went 20/20 into C and S Funds for today, leaving 60% in F, hoping for a little upward movement to cover the gap left on Thursday. Looks like it's going to pay off, and I've got the transfer in to move 100% back into F at the end of the day.

I'll see if I can keep this thread up to date with my most recent musings, and will try and post here and there around the boards.
 
It's great that you have started so soon. You will definately be a millionaire retiree!!!

There is a ton to learn here. Welcome and Good Luck !!!
 
Striken7 said:
Hi TSPTalk'ers :)

I've been reading (and learning) from this site for about a month and a half and figured I'd go ahead and make a thread.

I'm new to the TSP - I'm 25 and have been depositing for about 3 years now. I was initially putting in 5% to get my match but recently doubled it to 10%. I took the largest hit of my account yet this past August, so I've decided it's time to be more pro-active.

I retreated to the safety of the F near the end of August (unfortunately at one of the lows) and missed my chance at recouping some losses. September has been a better story, with the F Fund performing as well as it has against the stock funds. I took a chance and went 20/20 into C and S Funds for today, leaving 60% in F, hoping for a little upward movement to cover the gap left on Thursday. Looks like it's going to pay off, and I've got the transfer in to move 100% back into F at the end of the day.

I'll see if I can keep this thread up to date with my most recent musings, and will try and post here and there around the boards.
Click to expand...
Welcome Striken7! Thanks for joining us. Good for you that you started so early. You will be greatly rewarded some day. Good luck!
 
Thank you for the warm welcomes :)


nasa1974 said:
Welcome aboard. Sounds like you have some good ideas. Hope to see more posts.
Click to expand...

While I appreciate the confidence boost, my moves are certainly not without the help of many posters here. I thoroughly enjoy all the graphs that get posted, whether they are from Tom's blogs, Uptrend's almost impossible to understand models, or Bquat's simple graphs. Their hard work is to my benefit :toung:
 
Volume jumps during the last half hour, again, and today it was mostly sellers. Most or all of the gains from the beginning of the week seem wiped out for those who stayed in.

Let's finish this and get to the bottom already - I need to have a great fourth quarter.
 
This rally looks like it might be going somwhere, but I'm still a bit too skeptical to go all in. First time above the 50-day EMA in quite a while, and for the third straight day as of today, but I certainly wouldn't be surprised to see a little pullback after all these gains.

I've got a transfer in this afternoon to move 50% from F to S at COB tomorrow. My guess is we're going to bounce around the 50 for a little longer waiting for bad news, but as long as there's nothing major we'll continue the crawl upward.
 
About an hour to go - wonder if there will be any curve balls.

The S&P pushed against the 50-day at it's low for the day, but it's been headed back up since then. Will it keep going, maybe get back to 1207 and break even? Regardless, it's looking like we're safely above the 50-day for a fourth straight day.
 
Good news: We haven't fallen back to the 50-day EMA.

Bad news: We haven't fallen back to the 50-day EMA, yet.

If it looks like we're on track for two nice up-days in a row, I'll be thinking hard about getting out before more serious pullbacks. This would be my second move for the month though which bothers me.

Not an easy spot to be in.
 
I ended up saving my move, but I pulled the trigger today. I'll take these gains ahead of an uncertain weekend in Europe.

50/50 G/F for now.
 
It seems like the Europeans are getting closer to a plan. Merckel said they'll have a plan to announce by next wed. I believe speculators will run the market up next week, then hopefully if wed does produce a plan well get the rocket ride we've all been waiting for now for weeks. Hopefully.........
 
Things weren't so optimistic yesterday.

I managed to grab some decent returns with F yesterday and am now 100% G with the rest of the watchers.

Any huge news notwithstanding, hopefully we'll consolidate a bit more this week and any rocket rides can wait until next week when we can all hop on :D
 
I went 25 C, 25 S, 50 F yesterday. Made a good bit of change today, but things are still a mess in Europe and that makes me nervous. Hopefully things keeps going up, but I'll stay half-and-half until I feel more confident.

I want to see the 20-day EMA get above the 200-day on the S&P 500, and for Greece to take some serious action. If thing progress well and we build off the October momentum, we'll have us a good end of the year.
 
I moved again yesterday and went in 50/50 C/S. Was a great move for today, now I just want to see a semi-soild end of year rally.
 
Yesterday went flat, but today opened with a bang. Hopefully it holds, and I pull of a nice 3-day gain, but I'm nervous about more down action over the next week. Seems like we can never have too many nice things.

I'm going back to my half-in position at COB today, and will use my second move to jump back in later if it seems the time is right.
 
Hello Striken, from a fellow newcomer. I've only recently been employed by the fed, so i only have about 16 months of $$ invested so i feel confidant to be
"all-in" when i make a move. I have another pension so i can play around with my TSP a little more. I watch the news and read the TSPtalk site before deciding where and when to make a move. I watch for likely triggers like the upcoming supercommittee crap around the weekend of dec 17-18. I am getting back in the G fund around the 9th to give myself a little cushion. So hang in there, we all wish you well. I got around 20 years yet to do this, i might as well enjoy the ride.
 
Hi silversurfer, thanks for stopping in :)

I've seen a few members moving their positions to buys based on systems of their own or others. I'm also closely watching the S&P 500 for signs of an end of year rally. I particularly like the ideas of this article:

http://www.minyanville.com/business...40?camp=syndication&medium=portals&from=yahoo

At this point it looks like today will make the second day in a row that we close above 1,257. Of course, anything bad in the news can trump any sort of technical data.
 
I'm joining the Santa bandwagon.

We stayed above 1,257 for three days, had a solid one day move down to test the EMA's, and now we're headed back up.

Going 50/50 C/S and crossing my fingers.
 
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