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Petition to Increase # of Interfund Transfers!
One of our members has created a petition to request an increase in the # of IFTs we can use per month.
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... and pass it along to anyone you know who may be interested. Apparently you don't have
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Despite a nice rally on Thursday, stocks had a bit of a rough week last week, although so far it looks to be a fairly healthy pullback. There is strong support below on the indices, but October is shaping up to be a potentially volatile month with so much going on.
Here are the TSP fund returns for the week of September 24 through September 28, plus the final numbers for September,
Stocks rallied yesterday, mostly because the Spanish government unveiled its 2013 budget, which included substantial budget reductions and reforms. The Dow gained 72-points on the day.
TSP Talk Sentiment Survey results for the week of 10/01/12- 10/05/12
The TSP Talk Sentiment Survey came in at 48% bulls, 41% bears, for a bulls to bears ratio of 1.17 to 1. That is a buy signal which means the system will remain 100% S fund for the week of 10/01/12 - 10/05/12.
Bull market rules have been in effect since the week of 1/09/12:
See latest survey results
To discuss or comment on the Sentiment Survey, go to Sentiment Survey Talk
Stocks continued to pull back yesterday, making it 7 of the last 8 days that the S&P 500 closed in negative territory. The Dow lost 44-points on the day.
The stock indices opened higher yesterday but by afternoon trading they were sinking fast. The Dow saw a 101-point loss and the tech and small cap stocks were hit even harder.