TSP Talk Blog

Stocks open sharply lower on Thursday and it was just a matter of minutes before the Dow was looking at a 180+ point loss at the lows. About 11 AM ET the dip buyers showed up and the bears stayed away until about the last hour of trading. The rebounded and closed with a 45-point loss and we had a positive reversal day. Only the Transports didn't lose money however, and while the rebound was technically positive, we do need to see some follow-through because something seems awry. The ...