Thread: Skorcher's Account Talk

Glad I bailed out of C to G yesterday. A day late, but at least I missed today's drop. My gain for the year only dropped from 5.0% to 3.8% so at least I preserved most of it. The path of least resistance for stocks seem to be down for at least the short term. Why is it that the stock market drops a lot faster than it goes up? Panic must be a stronger emotion than euphoria.

TSP contribution limits to stay the same in 2016. $18,000 regular limit plus $6,000 for those 50+.
https://www.irs.gov/Retirement-Plans...ibution-Limits

IRA contribution limits also stay the same in 2016. Being lower, those limits are easier to reach.
How 401(k)s and IRAs Will (and Won't) Change in 2016 - US News

The dead cat bounce in the S&P this morning only lasted one hour. That is a very bearish signal. Now I am looking for the August 2015 low to be tested.

The August low got tested this morning and bounced up. Let's see if this holds.

The August low is providing stiff resistance today. Decided it was too risky to jump back in the market. I will look for opportunities next week.

All bets are off now. The S&P along with W4500 and EFA are have cut through resistance on the downside like a hot knife in butter. All are rapidly heading towards bear market territory.

If the S&P cannot close above 1850 then the correction/ bear market continues. I was hoping for a dead cat bounce today but it's a no-go.

What happened to the stock symbol W4500? I use it to track the S Fund and it seems like it stopped trading COB March 31.

Originally Posted by Skorcher

What happened to the stock symbol W4500? I use it to track the S Fund and it seems like it stopped trading COB March 31.

Hmm, good question. $EMW still works though (in stockcharts) and that's what I use in stockcharts....but for Yahoo, there's ^dwcpf, but you can only get 5 days.

$EMW - SharpCharts Workbench - StockCharts.com

^DWCPF Technical Analysis | Dow Jones U.S. Completion Total Stock - Yahoo! Finance}

Originally Posted by Skorcher

What happened to the stock symbol W4500? I use it to track the S Fund and it seems like it stopped trading COB March 31.

^DWCPF Dow Jones U.S. Completion Total

That's what the S fund tracks according to TSP.gov.