Thread: Exnavyew's Account Talk

Originally Posted by FogSailing

It's going to be an interesting weekend. What will China do (if anything) to address their bubble and what will happen in Greece? As for Greek leader Tsiparis, he appears to love his picture in the press but I'm tired of looking at it. IMHO, Next week will be 3-6% one way or the other....

FS

Glad I'm 100% in the G-fund! ...for now.

Originally Posted by FogSailing

It's going to be an interesting weekend. What will China do (if anything) to address their bubble and what will happen in Greece? As for Greek leader Tsiparis, he appears to love his picture in the press but I'm tired of looking at it. IMHO, Next week will be 3-6% one way or the other....

FS

Glad I am only 20% into the S Fund. If things go bad, I'm ok with it. But if things go well...Hmm I still have an IFT left for June.

Lotta red in the pre-markets (9:30-10pm ET)

http://www.cnbc.com/id/17689937

Looks like we may have a 'bloody Monday'.

Greece imposes capital controls as crisis deepens

"Greece moved to check the growing strains on its crippled financial system on Sunday, closing its banks and imposing capital controls that brought the prospect of being forced out of the euro into plain sight."

"Banks will be closed and the stock market shut all week, and there will be a daily 60 euro limit on cash withdrawals from cash machines, which will reopen on Tuesday. Capital controls are likely to last for many months at least."

https://finance.yahoo.com/news/greec...011908384.html

Hold on to your hats, it's gonna be a bumpy ride.

Greece is in the news masking what is happening in China.

Is the 'perfect storm' brewing?


China's central bank cuts interest rates

China's central bank cuts interest rates - MarketWatch

China Stocks Plunge: 3 Risks to Watch

China Stocks Plunge: 3 Risks to Watch - Barron's

Today is one of those days where you wished the TSP had more options for TSP-ers, such as Forex. If you can't make money in the stock or bond markets; look to commodities or currency. Today would have been a good currency day I think.

FS

The media seems to be largely obsessed with Greece at the moment but IMHO China is the 800lb gorilla that needs to be watched closely.

(Buying opportunities coming soon maybe?)

Chinese stocks close in bear-market territory as Greece unravels - MarketWatch

How to view Social Security vs. a long-term stock portfolio

How to view Social Security vs. a long-term stock portfolio - MarketWatch

Cramer: Danger alert-don't buy on the market dip

(Hmmm....seems like he's saying wait for the 'right' dip before buying. Crystal ball anyone?)

https://finance.yahoo.com/news/crame...21009420.html#

Apologies to those in the I-fund but I hope it keeps sliding for awhile. If there's a Greek settlement it could really move up quick. Anyone got a good crystal ball I could borrow?

Greece in last-minute rescue appeal as default looms

https://finance.yahoo.com/news/greec...135337521.html

GREECE DEFAULTS (sort of)

GREECE DEFAULTS - Yahoo Finance

Greece becomes first advanced economy in arrears to IMF

Greece becomes first advanced economy in arrears to IMF - Yahoo Finance

Greece partying likes it's 1929?

Opinion: ‘Spectacular rallies’ await investors who buy Greece now

‘Spectacular rallies’ await investors who buy Greece now - MarketWatch

Hmmm.... All TSP stock funds are down lately and eventually the EU and Greece will reach an agreement.
Maybe this is an Oct/2014 type opportunity?