Futures no looka so good...
Are problems in Greece going to rear their ugly heads again? A mish/mash of folks jumping in and out right now, I'm going to hold position for a few more days.
Greece is 'close to the abyss' as black hole in public finances widens - Telegraph
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
Futures no looka so good...
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
This meltup is getting to me. Haven't been able to jump back in expecting a drop... looking to be reinvested for May, working to be in for the first of the month has been dicey recently. Mabey the S-fund dip will have some follow through monday for the cup/handle formation then a run up. Who knows! Greece? Unemployment should be about 35% now with our population growth of unemployable illegal aliens. Will be in class all next week, won't be able to monitor the goings on. Tom, put the 'like' back in! Heck, at least its Friday. :-/
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
I did something similar in mid-April Whipsaw. Got out just before the Dow sank 200+ points. Glad to miss that loss. Trouble is I'm conflicted on May. The market news is saying a lot of "Don't worry be happy!! Things are marvelous...just marvelous....the market is going to go gangbusters"....You know the hype.... and truth be told, the earning reports were better than I expected given the long cold winter, the technical data isn't showing ominous, the S&P and Nasdaq hit new highs, and how about those mergers. My gut tells me that May is probably the last real opportunity to play this year? However, I am concerned about a significant downturn in the market. .....the question I wrestle with in retirement is how much risk an I comfortable with. This geezer thinking is in direct conflict to my inner child who says to "play in May"...Maybe I can figure out a way to balance the risk going into summer...Thanks for your posts and contributions..
FS
FogSailing
Try to learn something about everything and everything about something.
Thanks 99 Percent. That is what my better angels are also saying. The world is an ever changing place. A few days ago, I was reading about the concerns of a number of geophysicists because the number of earthquakes around the globe have been subsiding, then the Nepal earthquake hit. Earlier today, I was reading Oil Slick and found Jame's question to Nnut very interesting, "What happens to oil if we strike a nuclear deal with Iran?" It never ceases to amaze me. I liked burrocrats market analogy to "Pat" on SNL. Made me LOL. That the reason I enjoy this forum so much. I haven't been posting for some time. I took such a hit in 2008/2009, that it has taken me some time to regain my composure. I'm more risk averse these days. All the best.
FS
FogSailing
Try to learn something about everything and everything about something.
Weatherweenie's Account Talk
Teddy Roosevelt: Patriotism means to stand by the country. It does not mean to stand by the president or any other public official. Retired on November 30, 2023 with 30+ years of service.
328 new likes!
Thanks for all the great comments guys; I will be watching... always watching...
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
So... now it seems bad news is bad news for the Market; economy uncertain so no rate hike (used to be good for the market), now the market heads south!
With economy uncertain, no Fed rate hike is seen before fall - Yahoo Finance
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
||
Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
Bookmarks