Time set needed to resetIFT'sthat day , EST

[dannyboy]

I had reset my TSP. gov account, then got to update my tsptalk awhile later. I am curious to know If Anyone knows what time an IFT needs to be by to till count for having your IFT's changed that day. I had heard a lot of markets falling (again) and I had moved all by 6:30am, EST. Will I have dodged the drop it took today?
Or will I just loose out when we get a dead cat bounce? :notrust:

 

[tsptalk]

Before 12:00 ET = COB transaction. After 12:00 ET = following day's COB.

If you made your IFT at 6:30 ET today (Monday) it would not have moved for today's market action. You will buy / sell at today's COB closing share prices and tomorrow you'll be in your new allocation.

 

[userque]

To simplify some of what Tom says,

...Will I have dodged the drop it took today?

No. Unfortunately.

...Or will I just loose out when we get a dead cat bounce? :notrust:

You will miss the bounce if we bounce tomorrow. Unfortunately.

Although you framed your questions as "either/or;" the answer is ... more complicated.