Market Talk

**Spaf** · 08-28-2005, 05:30 AM

The Kingdom of TSP

Sunday-Weekly

Early Edition

Market News, Doodles, Tea Leaves, & Yak Date: August 28, 2005

Market News.

Kingdom Talk: Market remains captivated by Krude. Lube and rate talk will be major players in the sentiment of the consumer which has been somewhat sour. Vestors will be pondering the economy, the high price of lube, and the interest rate outlook (FOMC minutes). last week lube hit a all time high of $68 a bucket. Enough is enough!

Elsewhere: The last week in August might be the weather week. That is if we can survive Katrina and Labor day. There after if lube backs off, a buying opportunity could exist, and could spark a post labor day rally. At least I would like to think so!

Elsewhere: A coulple of companies caught manipulating numbers to deceive investors. Fed sees housing boom to start simmering.

Other News: -> http://www.briefing.com/SilverIndex.htm

-> http://www.bullandbearwise.com/

Doodles, and Tea Leaves - Weekly.

Doodles:
S&P 500 (Index)
Closed at 1205.10, dn -1.2% for the week.
CMF (money flow) at -0.183, dn
RSI (strength) at 37.9, dn
MACD (trend) bearish
S-STO (signal) bearish
ROC (change) bearish

Light Crude (NYM)
Closed at 66.13, up +$0.78 for the week

Attachment: S&P (3mo) chart ending 08-26. Added: 20dMA, PSAR, MACD, S-STO, and ROC.

Tea leaves: Red

Yak.

Remarks: Holding 80-20-0-0-0 IFT: 100/0
My sentiment: Waiting till after labor day.
S&P Stops: Alert: NA, Trailing: NA.
Oil Markers: OK=<63, Worry=63-68, Panic=>68
Weekly TSP Returns: G=+.01, F=+.01, C=-.16, S=-.08, I=+.01

**teknobucks** · 08-28-2005, 05:46 AM

warren sez oil has topped

katrina sez not so fast

charts appear to show a buying opp...... http://tinyurl.com/9dyq9

**teknobucks** · 08-28-2005, 10:08 AM

britts see katrina east of NOon miss/ala border......they seem 2 be much more accurate than our folks with track 4cast.

http://www.wunderground.com/tropical...512_model.html

this storm is a monster .... http://tinyurl.com/chrdl :s:s:s:s:s:s:s:s:s:s

..... if u live in the central gulf coast area please evac now.

"so-called" expert disscussion here: http://tinyurl.com/9dq82

**teknobucks** · 08-28-2005, 11:19 AM

http://www.investorshub.com/boards/r...age_id=7525549

**Quips** · 08-28-2005, 01:20 PM

A pretty good financial radio talk show is on Sunday mornings on KDKA radio from 9 to 11 a.m. Internet streaming technology is not as good as WRKO, but is okay.

**robo** · 08-28-2005, 04:36 PM

Aug. 26 (Bloomberg) -- Crude oil plunged, after touching a record $68 a barrel in New York yesterday, as Hurricane Katrina was forecast to miss most production platforms in the Gulf of Mexico, where 30 percent of U.S. oil is pumped.

How does this Category 5 storm effect oil Monday? Is there a chance for 70 a barrel Monday?

**coolhand** · 08-28-2005, 05:27 PM

robo wrote:

Aug. 26 (Bloomberg) -- Crude oil plunged, after touching a record $68 a barrel in New York yesterday, as Hurricane Katrina was forecast to miss most production platforms in the Gulf of Mexico, where 30 percent of U.S. oil is pumped.

How does this Category 5 storm effect oil Monday? Is there a chance for 70 a barrel Monday?

isn't tsp managed in N.O.? :shock:

Dave M · 08-28-2005, 05:52 PM

Hey, yeah. The National Finance Center is in N.O., and payday is this week. Now what?

Dave

**Show-me** · 08-28-2005, 05:55 PM

Last time a storm got close to N.O. they shut down the TSP office. No transfers!!!

:shock::*:@:end::U:#:'

**coolhand** · 08-28-2005, 06:20 PM

Show-me wrote:

Last time a storm got close to N.O. they shut down the TSP office. No transfers!!!

:shock::*:@:end::U:#:'

Thisstorm is so powerful there may not be an office toreopen.

Bottom line, I hope all those folks in the path of this monster get out of town. This one looks likes it's gonna be bad.

**Birchtree** · 08-28-2005, 07:40 PM

Will this be enough of a national crises to shut Greenspan down - massive damage on the way and who k nows what will happen to oil production and refinery capacity.

Common sense tells me the idiots will pause and may even have to add liquidity.

In the meantime the Birch will absorb the body blows and look to the future. I plan to ride this financial storm and possibly even do some select buying.

**Rod** · 08-28-2005, 08:59 PM

If I were you, I'd be doing a transfer ASAP to 100(G). If N.O. takes a direct hit, who knows just how long the office will be out of pocket. No office, no transfers... right?

Does anyone know if the office has a contingency plan for such scenerios?

Good luck to everyone.

BTW, I'm here in Norfolk at the USO... waiting for my flight to the "sandbox".

God Bless