Transfer 11/02 for 11/03/04

**tsptalk** · 11-02-2004, 01:28 PM

As a precaution in the face of possible gridlock in the election, I talked myself into moving to 50% G, 50% S fund. I will make the transfer this morning before the deadline and I will be in the new allocation for Wednesday.

As of now, I plan to move back to 100% S fund for Thursday but of course that could change.

Thanks,
Tom

**puertorico** · 11-02-2004, 02:28 PM

Tom u playing very good :^.Grab the profit ,I like it

.

I'm greedy right now 70-c 30-s :s...me....stay....put....:s

**ufranek** · 11-02-2004, 02:38 PM

I will try to ride it out.

o
50% - C, 50% - S.

**CheapShot** · 11-02-2004, 05:11 PM

What ever happened to always go with your first instinct Tom....

Still 100% S.

11-02-2004, 05:40 PM

Tom, you also made me think. I have been 50-75% S for some time, for a short time 10% C, with 15%G (for potential buying opportunities). But now I think I will slowly bag some of my gain, and take some off the table. Initiated a move today (before12) to go 50%G, and stay 50% S.

Ialso beleive the market will continue to rally--either way Bush or Kerry. AS a matter of fact I beleive with crude oil retreating the way it did, we are in for a big lift. So I am essentailly hedging against a protracted legal battle for the Presidency.

Looking to jump back in tomorrow or Thursday, especially if there is a "confused" down tick in the market.

**tsptalk** · 11-03-2004, 12:09 AM

CheapShot wrote:

What ever happened to always go with your first instinct Tom....

Still 100% S.

My instincts aren't very good.

I usually go with indicators. This was a capital preservation move.

Also, there are a lot of folks who follow my moves and if we get that gridlock selloff, I will have a lot of unhappy TSP'ers looking for me. :shock:

**tsptalk** · 11-03-2004, 12:35 AM

retire rich wrote:

Looking to jump back in tomorrow or Thursday, especially if there is a "confused" down tick in the market.

Yeah, me too. I just hope it doesn't last for weeks like 2000.

**tsptalk** · 11-03-2004, 03:16 AM

The overnight futures market is loving what they are seeing in the election. The S&P 500 futures are up 7.00 and the Nasdaq up 15.00.
"Better safe than sorry" is overrated.

Whose idea was that? :'

**tsptalk** · 11-03-2004, 05:17 AM

tsptalk wrote:

The overnight futures market is loving what they are seeing in the election. The S&P 500 futures are up 7.00 and the Nasdaq up 15.00.

Make that 15.00 and 30.00 now. :^

BUT NOW ...

It is 2:30 am ET and we still don't have a winner. John Edwards just spoke and basically said we want to make sure every vote was counted. So, no concession and no absolute winner. Here we go.

**Mike** · 11-03-2004, 08:05 AM

I think it's safe to say Bush won re-election. However, with the situation in Ohio, they won't count those provisional ballots for a few days - so it won't be "official" 'til then. With Kerry-Edwards not conceding, that might be enough to spook the markets, even though this isn't nearly as close as 2000 was.

**coolhand** · 11-03-2004, 08:27 AM

Mike wrote:

I think it's safe to say Bush won re-election. However, with the situation in Ohio, they won't count those provisional ballots for a few days - so it won't be "official" 'til then. With Kerry-Edwards not conceding, that might be enough to spook the markets, even though this isn't nearly as close as 2000 was.

I guess I'm not the only one with insomnia. I agree. I plan onchanging my position to 50% C and 50% S today.

**Rod** · 11-03-2004, 12:45 PM

Mike wrote:

I think it's safe to say Bush won re-election. However, with the situation in Ohio, they won't count those provisional ballots for a few days - so it won't be "official" 'til then. With Kerry-Edwards not conceding, that might be enough to spook the markets, even though this isn't nearly as close as 2000 was.

Investors aren't spooked in the least. To my surprise, expect a BIG rally today!:^