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Thread: Transfer 9/1 for 9/2/04

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    tsptalk's Avatar
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    Initiating a transfer to 70% S and 30% I, before today's deadline. That will make it effective tomorrow, 9/2/04.


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    The man loves pain. I love ya Tom. Today is profit taking from the index funds having to buy stock yesterday.

    What made you change today???

    MT

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    MarketTimer wrote:
    The man loves pain. I love ya Tom. Today is profit taking from the index funds having to buy stock yesterday.

    MT
    Not that I believe your theory because the first several days of the month are historically the strongest on average, but the transfer, as I stated, is effective tomorrow. I actually hope we get a little pullback today but this market is looking strong.

    What made you change today???
    That's what my daily comments are for (http://www.tsptalk.com/comments.html) 9/1/04

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    TSP,

    This is an interesting market. Looks like the hedge funds are selling bonds and buying oil. The cowards in Russia are killing hostages and I am 100% G Fund.

    I wish you look!

    MT

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    puertorico is offline TSP Talker
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    I HAVE been lucky this week being 100% on I-FUND..[ABOUT TIME]

    BEING LOOSING 2CENT IN I-FUND AND WINNIN ABOUT 23-PENNIES.

    tHAt put me even in the game.

    Today I still 100% on I-fund and hope euro still up over dollar....:^

    I-fund have been paying even when sometimes dow jones look loosing...



    My plan is taying for more$$$$$$$ {greedy again}I thinks we still in the

    way up .And olmost in the top I gonna just play 40 in the stock and 60-G

    {NOT YET}We are not in the top ,so still looking for more pennies.

    for today stay put-100% I-FUND 8-WED-1ST...:^



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    Mr Rico,

    Bonds are selling off big time today!!!! RED ALERT. That means the yields are going up and the F Fund will go down. It looks like the hedge funds are selling bonds (where they have been hiding) and are back in the oil patch again.

    This is a hard market to keep gains. You may want to look at the bond market today.

    MT

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    jonwayner is offline Newbie
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    I am new, I just discovered TSP Talk recently and this is my first experience with this message program. My question is that from your experience, when isyour interfund tranfere effective? The instructions are contridictary- within 5 businessdays, within 2 business days, or if done before 11:00am is effective by 6:00pm that same day? I have my funds in 100% C. Thank you in advance for your reply.

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    Jon,

    You are new!!! Welcome. TSPTALK (Tom) has answered this one a couple times today. Keep reading the recent posts. But in my experience...if I make the change prior to 11am I get the closing NAV for that day.

    Good hunting!

    MT

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  17. #9
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    The 5-day thing is just to cover their butts I think. Typicallly, if you request before noon EST, it'll be effective the next day at the previous days ending price per share.

    Welcome aboard!!

    M_M


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    puertorico is offline TSP Talker
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    mlk_man wrote:
    The 5-day thing is just to cover their butts I think. Typicallly, if you request before noon EST, it'll be effective the next day at the previous days ending price per share.

    Welcome aboard!!

    M_M

    agree...:^

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    jonwayner is offline Newbie
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    Thank you Tom, reading TSP talk is educating me and giving me more confidence. I was like this :s and now I hope by the time I retire I am like this :dude:, with a little hair gel, or like this will do too. Thanks again.

    Jon

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    Check out tspmoney.com and fundadvice.com. Please do not give Tom a big head. He has been on a roll lately. Which is great. :^ This is a great site and Tom has some solid well thought out guidance.:end: Watch what happens when the auto report comes out this afternoon to the markets.

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