Welcome to the boards! Good luck with growing your TSP!
OK, so a co-worker turned me onto this site. I have been lurking for a couple of hours now, and it seems a lot of people are very knowledgeable when it comes to TSP stuff.
About the ebbtracker. I have been looking at it, and I'm very confused at what some of the numbers mean. For example, it seems the author is somewhat contradictory. He says that for tomorrow (Friday, August 31st), that the I fund is bad (hence the stop), but that you should still keep 100% of your money in the I fund? I'm confused. What about the rest of the numbers? Why are some numbers positive (yield a positive return) while the color is red?
Welcome to the boards! Good luck with growing your TSP!
Welcome gatrhumpy...
Read the whole ebbtracker page and you will find the answers to your questions. (Also look for this notes about contrarian moves.)
http://www.tsptalk.com/ebbchart.html
~ Take nothing but pictures ~ Leave nothing but footprints
OK, it's going to take some time to absorb all the info on TSPTalk. It will start making sense after you've had time to browse through everything. As far as how the Ebbtracker works, you'd have to ask Ebb about that. For me, it's not that important. The track records speaks for itself. I suggest that you go to Ebb's talk thread and post your questions about his system. Here's the link:
ebbnflow's Account Talk
~ Take nothing but pictures ~ Leave nothing but footprints
Welcome gatrhumpy! We were acquainted via PM, but I want to officially welcome you.
The ebbcahrt is based on backtesting results. Certain patterns of $ and stop signs, proved more profitable than others. The numbers are the returns of past allocations and historical chart pattern (red or green) results.
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S&P 500 (C fund) 1d 5d 3m 6m 1y 2y | Dow Completion (S fund)
| EFA (I fund) 1d 5d 3m 6m 1y 2y | Bonds (F fund)
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