Thread: NSurf9 Account Talk

Hey nsurf9, You can count on the certified letter being the punative "no electronic posts after March 31. I was out of town and received a notice from the post office about mine earlier i nthe week. After picking up the letter, my worst nighmares were confirmed. I am also locked out after March 31, and according to my records, I didn't violate their stinking rules. I will write them a letter to outline my case, but I don't think it will do me any good...I will send a copy to my congressmen also...just to be on record that I object to the decision and it is causing me financial harm. It was untimely implemented, the letter they sent was vague, their financial facts are wrong, and this whole thing is a bunch of BS. I'll just do it in professional terms. I have no legal background or connections or I would hire a lawyer to take it to them. Anyway, I picked up the letter figuring that the punative decision on their part will take effect whether I picked up the letter or not. So I signed for it and will use that letter to help make my case to my congressmen. I suggest that you do the same. I will post my letter on the Dr. Faustus thread when I complete it. Right now I have to get my income tax completed and filed. My full attention is on that since I have made my three moves for March and am in the G fund until this thing breaks. I will clearly support anyone who will take this thing on through the legal challenges, however. Both with letters, and financially. It is just plain wrong!!!!

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I just signed for Executive Director, TSP, Gregory T. Long's certified letter to me. TSP will impose the punitive action, beginning 3/31/08, at noon, to require me to submit IFTs via US Post Office regular mail.

Mr. Long recites that he sent a warning letter on 1/24/08. That letter stated that the TSP "might" restrict members to IFTs by mail, if "fewer that four IFTs in February 2008" are made. Although I did receive his 3/13/08 certfied letter, today, I never received his non-certifed "might" 1/24/08 letter.

Well, I made 4, or fewer IFTs in February.

Further, Mr. Long's letter does not mention when the restriction will be lifted, so that I may resume electronic IFTs.

Anyone ready for a Federal Complaint for an emergency temporary injunction againt the Mr. Long and TSP? Say "I."

Originally Posted by nsurf9

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I just signed for Executive Director, TSP, Gregory T. Long's certified letter to me. TSP will impose the punitive action, beginning 3/31/08, at noon, to require me to submit IFTs via US Post Office regular mail.

Mr. Long recites that he sent a warning letter on 1/24/08. That letter stated that the TSP "might" restrict members to IFTs by mail, if "fewer that four IFTs in February 2008" are made. Although I did receive his 3/13/08 certfied letter, today, I never received his non-certifed "might" 1/24/08 letter.

Well, I made 4, or fewer IFTs in February.

Further, Mr. Long's letter does not mention when the restriction will be lifted, so that I may resume electronic IFTs.

Anyone ready for a Federal Complaint for an emergency temporary injunction againt the Mr. Long and TSP? Say "I."

I but how?

I'm not bragging about this at all but I've received no letters and have been able to make as many transfers as I want. I made 30+ transfers last year, and 19 transfers so far this year. It does not seem fair and feel free to use my example as ammo.

I, Aye, Eye

Originally Posted by Corepuncher

I'm not bragging about this at all but I've received no letters and have been able to make as many transfers as I want. I made 30+ transfers last year, and 19 transfers so far this year. It does not seem fair and feel free to use my example as ammo.

Have you used the I fund much or mainly the C and S? I'm thinking they just don't want us trading the I fund.

Originally Posted by Intrepid_Investor

Have you used the I fund much or mainly the C and S? I'm thinking they just don't want us trading the I fund.

In 2007, I transfered to and from I fund 11 times. So far this year, I've made 5 I fund transfers. Most of 2007 I was playing G to F.

Like Ebandflow, I usually look to the "I" fund for the highest return. But, keep appraised of Franc, Yet, Pound and Euro exchange rate. Up and down cycles usually begin in US.

Staying "I" 100% as long as possible to save IFTs. I belive we may get 1 may 2 more days (80 I cents) increase, at least. I would rather have stayed 30%C/70%S from last week, and then move to "I." But the .25% drop in the Fed's pocket will keep the dollar from rising too quickly.

Originally Posted by DennisFAA

In Feb I made 4 IFTs and none was to I fund and I still got a letter to mail it in from now on..

Perhaps they took your avatar personally.

I am very eager to support any action that will get me back in the game. Count me in 110%. What do I need to do?

Don't look for any IFT from me for a while. I'm now in "I" 110% because I'm apparently permanently relegated to IFTs (4 trades in Jan/Feb) by mail. Luckily, I believe the markets are in for a little upswing, unless more cracks in the whole Wallstreet machine manifest.