Thread: TSP Share Prices July 8, 2005 Fri

I just updated the site with the new share prices and I have to tell you it was sure difficult to type in that +.15, +.21 and +20 when I'm stuck in the +.00 G fund. :?

I was chatting with Jason Goepfert at sentimentrader.com and asked him if he had any stats regardingnegative surprise job reports (it missed estimates by 50,000) and a market that did cartwheels the same day. Here is his response...


"It does throw a wrench in things. I just took a quick look at the stats I already had (going from Jan '02 through Mar '05), and there were 5 instances of the S&P closing up 5 points or more on a day the jobs report came in at least 30,000 below consensus. The next day, the S&P was lower 4 times for an average loss of 9 points, but 20 days later it was higher all 5 times for an average of 27 points. Like we needed another thing to confuse the picture..."

Tom,

Friday may boil down to simply the first phase of another War rally. The omnipotent market may be looking further down the road. I have an innate feeling the British are going to Bagdad with enough force to finish what we started. They want to put an end to Zarqouwi (spelling). He is the one in control and they will get him. And when they are settled in on our newly constructed bases we take on the Iranians. We will squeeze them from both sides - they are still the benefactors of world terrorism. I say do it now before they get their Atomic Bomb. Take care

Dennis - perma bull #2