Things got real interesting this week. I agree that it's not "run for cover" yet. Worth watching closely, tho.
Well, I obviously not happy with the action this week. The 50dma held on S fund but we are perilously close to a sell signal. This would be a perfect spot for a bounce. If we don't get it we could be trouble. Let's see how tomorrow turns out.
100 G
RSI - Relative Strength Indicator DMA - day moving average
Things got real interesting this week. I agree that it's not "run for cover" yet. Worth watching closely, tho.
I believe this is the third time my tsp balance has gotten this high and then 1-2 % profit is taken! I have to get prudent here as I am probably going to withdraw half my balance to purchase 4 small houses for rental income. Is anyone familiar with tspkey.com services?
No, I'm not, but good luck. I think that's a good investment choice, especially since the real estate market now has great upside potential and little downside, in addition to the rental income.
I don't know anyone who uses TSPKEY, but I am aware they offer a service. They are one of many available outside of our Premiums available on this site. There are others, you can do a search to see them.
Rental Property is a good idea if you can get ones at the right price with a good market for tenants $$$$. My parents have a few. My mother says it is a full time job managing them and doing fix-ups and repairs.
Put a few bucks away each month in a slush account for unforeseen repairs. You can write them off, but you still have to pay for them before you write them off.
We need a bounce from here or I will need to exit. I can never figure out how news events play out in the market. We had a bad ADP report and a fed person saying they could stop QE and north Korea saber rattling. If traders are worried the fed may stop easing the bad adp and today's unemployment report should stop any worrying. QE is going to continue forever it seems. So, that should be good for the market..right? I guess if things are too bad then it's bad but just a little bad is good.
Anyway, that's why I don't figure news events into my system. We are at the 50dma on the s fund and that is usually good support. If it breaks I'll get out. It's do or die for me today. I also have class this morning so any decision will take place by 11.
100 G
RSI - Relative Strength Indicator DMA - day moving average
Based on futures we just had a "dead cat bounce" so I am on watch again for an exit. I would think dip buyers would come in but they haven't yet. I have an IFT to burn so if I get out I would expect to get back in soon. We'll see. Maybe the jobs report will help but I doubt it. Profit taking seems to be in control for now.
100 G
RSI - Relative Strength Indicator DMA - day moving average
You know how futures can be. Maybe the rumor being sold will be followed by the news being bought.
Yep. It could easily turn around. I expected more bounce and maybe we'll get it. Dip buyers may come in. Or is it a repeat of last April? I remember getting nervous back in november and the bears were out. We sold off pretty good. But when it was not expected it started rallying again. It seems pretty bearish out there to me. Very few bulls saying buy the dip. So, maybe that means we will get our bounce. Just watchIng it closely.
100 G
RSI - Relative Strength Indicator DMA - day moving average
100 G
RSI - Relative Strength Indicator DMA - day moving average
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DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
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