Tempest's Account Talk

I concur with your move. I've been pumping more money into C Fund for a while now which is where I am overweight.

Small cap stocks are finished, especially if market conditions continue. Underperformance of Small Cap stocks in comparison to the general market has become more evident the past few weeks. The C Fund type companies have the balance sheets and diversification to ride the storm out-unlike smaller companies that rely on a robust economy to drive them. The S Fund may have started the rally, but isn't going to finish it.
 
Thanks.
Just for the record FWIW if anyones interested-I'm not a market timer. Been thinking about this big allocation to 'C' for awhile and the price today was just too good to pass up.
 
Keep your eye on the VIX - it refuses to spike back to 37 during all this panic selling. If the VIX turns down from here it will create a huge negative divergence and likely will signal the bottom. The SPX did manage to close above 1406, which was the closing low from the August lows. So far, the SPX has not confirmed the DJIA and DJTA Dow Theory sell signals. I suspect the followeres of these type letters were selling today - silly bunch. In the near term a rally is overdue - and it could be violent. Investors have now worked themselves into a frenzy of pessimism. I like that C fund myself - been hold it since Feb. '04. And I just keep accumulating more at these low prices. Snort.
 
Thanks.
Just for the record FWIW if anyones interested-I'm not a market timer. Been thinking about this big allocation to 'C' for awhile and the price today was just too good to pass up.
I saw this abbreviation alot,sorry to ask;what is FWIW? thx
 
I checked my GOOGLE TSP widget.


wow




Escape Velocity
decel1.gif
 
Day for fireworks. But I am not selling anything. I'm losing value-but I am not voluntarily giving up shares. If you look at market drops of the past, the markets ALWAYS recover. My TSP survived October 19, 1987 - and you could NOT move around day-to-day like now (it was spread evenly in everything as I recall).

If you sell into a down market, you lock in your losses and just as bad you get so gun shy you don't know when to re-enter for fear of further losses.
On days like today- it's a come as you are party. You'll panic or buy.
Me? I just bought another share of BRKB (God Bless Warren Buffett).
There's a sale going on you know.:D
 
From YAHOO
AP
Stocks Plunge on Recession Fears
Tuesday January 22, 2:07 pm ET
By Madlen Read, AP Business Writer
Stocks Dive on Worries of U.S. Recession; Wall Street Digests Fed's Interest Rate Cut
NEW YORK (AP) -- Wall Street struggled to steady itself Tuesday, climbing back from an early plunge after the Federal Reserve implemented an emergency interest rate cut in hopes of restoring stability to a faltering U.S. economy. The Dow Jones industrials, down 465 points at the start of the session, recovered to a loss of more than 180 points.

Sheesh-Is that all? :rolleyes:

This just proves-this is no country for old men. :laugh:
 
It's very simple - this nonsense has been market motivated and not related to any weak economic statistics. Now the hedge funds will begin to buy back.
 
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