I go two news one good one bad
The good one is my numbers says monday
gonna be up:^
The bad one is ,I am always wrong...
Before today's deadline I am going to get a little bold, hoping that nerves scare the market toward the weekend close. I am putting 25% in C, 15% in S and 25% in I fund, leaving 35% in G. So I'll be65% in stocks for Monday.
I am basing this on what could happen by the end of today since we are forced to make decisions by noon ET. The S&P 500 just went over yesterday's high which is always a good sign.Traders couldget nervous about holding stocks over the weekend giving us a nice price to be in for Monday. If we don't get late selling, we may be at a reversal ready to head up. We are very oversold andI am running out of excuses to be out.
I am only going 65% into stocks in case I am wrong and I will still have some ammunition to buy more if we do go down early next week.
I must be driving some of you crazyowith all of these transfers but this is just how I would play my account in a market of this nature.
Tom
I go two news one good one bad
The good one is my numbers says monday
gonna be up:^
The bad one is ,I am always wrong...
The indices stayed surprising buoyant late today. I was hoping for some selling but the fact that traders were willing to take positions home over the weekend bodes well for the market next weekin my opinion. The buyers are getting a little bolder again.
The Nasdaq continued itsweakness but the third support area I talked about Tuesday seemed to hold on Friday. I said...
Just in case you are looking for a potential target on the downside, ~ 2019 would fill the gap. After that 2000 (psychological) then about 1975 (trend line).
Well the gap was filled, then 2000 came and went and today it hit 1982 where that trend line I talked about actually is (not 1975). If that area of supportcan't hold, thenthe floor falls out becausenext area of support isn't until 1905.
Better news is that the S&P did make a higher high today and a higher low (compared to yesterday). It appears to be at least a temporary change in trend to the upside.
Tom. I made a transfer to 100% in G fund before noon today. Is it feasible to make another transfer today or later on this weekend to more stocks,or perhaps wait until early Monday morning.I guess I jumped the gun this morningas the funds seemed to perform better than yesterday. Does TSP allow for more than one transfer\day? Just wondering, I am new at thisFund\stocksgame and confusion sets in some times.:?
Welcome roulette! Love the name.
You can make as many transfers as you want in a day, but only the last one prior to the noon ET deadline will take affect. So if you change your mind, just go in and initiate another transfer. In your case you will be in the G fund Monday no matter what you do. Any new transfer before Monday at noon would be for Tuesday.
Make sense?
Tom
How are the bets for today ?
Will be a rally:^ or the bote go down
I dont know but can't afford another down.
In my last three shot I went down two and one up.
so,i need even or I change strategy.
If market go down if not late for a long term.
I gonna sit in a long term:?Hope see some green
you aren't alone puerto rico. timing difficult last week. hope we get bailed out soon.![]()
HIGHPLAINS:^
i Can't stomach more red !no chin enoff!
If you haven't check out my account, try to read and understand FrizzB account, in Members Allocation, it works for me and I am up over 9 % for the year. My last transaction hit perfectly from the F to the S, I am still looking for a 15 point rise in the S fund and then it will probably be time to get into the F or G fund. Just my opinion. I am not a day trader. I wait for my #'s to tell me what to do.
FrizzB.
fRIZZ B. I check every single post in this forum.
U post too.Very nice stuff.But for an apprentice
that is big league.I will put an eye again .
U know is to much stuff in the game ,when is not
option is interes rate,or inflaction,deflaction,economic,
job increase,job decrease,good news,bad news,Some
times good news become bad news and viceversa,
sellout ...ect and all that circle make me confused.
It Is too much to handler in a same time.
Little by little baby step I will get there
I learning a lot here in three month [nice very nice] .
I am very suprised at how well I am doing, I have hit on every transaction except for the move to the C fund on March 2nd. I have made up for that one, since. I believe my #'s just tell me when the market is in for a correction. Whether down or up. When I make my change we have either hit a high in the market and unless it keeps on going further it should start to go down, to a point where I hope that I hit again, where it has gone low enough and in time will bypass the point of my low and go high again. Just hope I keep getting lucky on this, so far so good.
FrizzB.
|
S&P 500 (C fund) 1d 5d 3m 6m 1y 2y | Dow Completion (S fund)
| EFA (I fund) 1d 5d 3m 6m 1y 2y | Bonds (F fund)
|
Bookmarks