Market Talk

Greg · 10-29-2005, 12:47 AM

10/28/05TSP Fund Share Prices
G-fund$11.07

F-fund$10.52-0.01-0.09%
C-fund$12.96$0.221.73%
S-fund$15.23$0.231.53%
I-Fund$16.21$0.020.12%

Last Week Returns - Oct 21 - 28
C-fund1.65%
I-fund1.00%
S-fund0.66%
G-fund0.09%
F-fund-0.75%

Month-To-Date Returns for October (since 09/30/2005)
G-fund0.36%
F-fund-0.85%
C-fund-2.34%
S-fund-3.91%
I-fund-4.08%

YTD Returns (since 12/31/2004)
I-fund4.72%
G-fund3.65%
S-fund3.39%
F-fund0.96%
C-fund0.39%

L-funds Return since 08/01/2005 - Date that L-funds were started
L2040-1.43%
L2030-1.17%
L2020-0.83%
L2010-0.31%
L-Inc0.26%
G Funds1.10%

**Skip** · 10-29-2005, 01:54 AM

What a ride...

From support to close at the high of the day... Looks like we might be here to stay awhile....
Still need to close above 1200 and break to the upside of 1205...

Skip

**robo** · 10-29-2005, 02:11 AM

The NASDAQ is in a symmetrical triangle around the pivotal 2092 resistance level that turned it back several times this year as it came up from below. The breakout from the triangle will be significant, and until then I have no plans to modify our positions.

For the rally to get going Techneeds to be partthe party.

**tsptalk** · 10-29-2005, 03:32 AM

robo wrote:

For the rally to get going Techneeds to be partthe party.

Anyone notice that the semiconductor index was down Friday? Very strange considering the market strength, although it did look sort of like a downside exhaustion gap. It will be interesting to see whether it rebounds Monday.

**Spaf** · 10-29-2005, 05:12 AM

tsptalk wrote:

robo wrote:

For the rally to get going Techneeds to be partthe party.

Anyone notice that the semiconductor index was down Friday? Very strange considering the market strength, although it did look sort of like a downside exhaustion gap. It will be interesting to see whether it rebounds Monday.

Tom,

Semi's [IGW] was a 80% sell the last time I looked (RE: fundamentals). We ain't broke through the trading range of 1178 - 1200 (S&P). Trying as we might, we gotta get through 1200, with out a bull trap; agree with Skip [above].

With all the news coming in next week, it could berather volatile.

However, after seeing that the economy was growing, the GDP being up, the storms behind us and the political scandal easing, maybe some of the market worries will subside. BTW, energy futures are also calming down [shock and greed].

My outlook is turning optimistic bullish!

.............................................

Hopefully the Kingdom warden will re-open bear chasing season!

Rgds

Spaf

**mlk_man** · 10-29-2005, 01:32 PM

tsptalk wrote:

Anyone notice that the semiconductor index was down Friday? Very strange considering the market strength, although it did look sort of like a downside exhaustion gap. It will be interesting to see whether it rebounds Monday.

I noticed Tom.............I'm hoping investors will forget about the lowered guidance. :shock:

[align=right]
Posted: Fri Oct 28th, 2005 11:54 am

BTW, I'm alittle concerned about semiconductors being down today and most of the ones I follow have delivered lower 4th quarter guidance. We're not going to be able to get much of a rally without them. They sometimes tend to lag a day or two behind so hopefully this is the case and not a sign of things to come.

Didn't someone say something about the market being up in years ending with 5? :%
[/align]

**robo** · 10-29-2005, 05:06 PM

mlk_man wrote:

Didn't someone say something about the market being up in years ending with 5? :%

I was thinking 1300 plus on the S&P, but I would be happy with 1265-1285.... Then maybe a rally in the 1st quarter of 2006.... The technicals are starting to line up, but we need to put the final pressure on the shorts and convince those in cash to join the party. Could be a tough sell for a few more weeks until the trend is clearer..... The BAD NEWS BEARS will do their best to bring the market downnext week, but the technicals back-dropped byeconomic good news is putting pressure on them. I think the wild ride continues next week!!!!!!!!!

**tsptalk** · 10-29-2005, 06:34 PM

Spaf wrote:

However, after seeing that the economy was growing, the GDP being up, the storms behind us and the political scandal easing, maybe some of the market worries will subside. BTW, energy futures are also calming down [shock and greed].

Now if we can get the Fed to stop trying to slow the economy down.

**Skip** · 10-30-2005, 03:44 AM

We closed at the very high of the day on the sp500 index... That SHOULD mean we get a followthur monday or at least hold on to the gain...... But who knows.... 1200 is the break point... we pop thur a couple of times but only mid day ... Still alot of cash on the side lines... "Maybe if all the tspers who are in g fund move to C:^ Last year 10/22 was a pivot point to the upside gaining 90 points in 2 weeks !! But that was election year...

Skip