PDA

View Full Version : missed today's cutoff what now?

smiley
11-05-2004, 06:27 PM
:D I am new to tsptalk and am having fun learning from you guys.Website is a wealth of information. I missed today's cut off to move out of S. Do I stay put or go ahead and move (50S / 50G) to be effective on the 9th? :% Thanks
Spaf
11-05-2004, 06:38 PM
Smiley - If you missed the transfer deadline for today, and you feel that a transfer is appropriate, you can still transfer for Monday. A lot of us have missed transfer times,been there, done that. It ain't the end of the world!
smedlap
11-05-2004, 06:56 PM
Maybe yes. You might be OK. Oil issues and FMOC meeting will be a driving factor for the market. FMOC meeting is I believe Tuesday - Wednesday. My thoughts are to be out for the Wed news because I believe they will raise interest rates.
Cinderella
11-05-2004, 07:45 PM
If you missed the cut-off time to move your funds today, Relax & enjoy your weekend. There is nothing that you can do about it today. Check out the markets on Monday morning to see "if" you really want to move 50% out of S fund.

Remember what Leon says, "Patience is a profitable virtue".
tsptalk
11-06-2004, 06:44 AM
smiley wrote: :D I am new to tsptalk and am having fun learning from you guys.Website is a wealth of information. I missed today's cut off to move out of S. Do I stay put or go ahead and move (50S / 50G) to be effective on the 9th? :% Thanks

Welcome smiley. If you are just going to follow the moves here (not always recommended ;)), I suggest you check to seeif there is another transfer again on Monday. If not go ahead and move to the 50% G, 50% S on Monday morning which will be effective Tuesday.

My indicators tend to get me in and out too early anyway. Maybe we'll get another nice rally Monday. In that case I will be staying put at 50/50. If for some reason the market takes a dive Monday morning, I may move back into stocks.

So take it a day at a time. I'm looking for weakness before I jump back in. If we don't get it, you may want to lighten up. We are back in a bull market and you may just want to stay fully invested and ride out any storms. It may pay off.