Thread: Transfer 11/12 for 11/15/04

tsptalk wrote:

Assuming the S&P 500 doesn't drop below 1163 this morning, I will initiate an interfund transfer before Friday's deadline going 25% G, 75% S fund effective Monday.

My plan to go 50/50 changed as the strength the market is showing is more than even I expected, and you know how bullish I am. I will use a drop below 1163 in the short term as a sign that the pullback has started.

hey, TA is this conservitivly agressive, or agressively conservitive. anyhow when you talk 1163- 1140 on S&P, my hard boiled brain doesn't register> ihope this isn't stupid!!!! where do you find these nimbers

Dakota wrote:

when you talk 1163- 1140 on S&P, my hard boiled brain doesn't register>

I'm using thosered trendlines of support / resistance areas on the S&P 500 chart in the market comments? www.tsptalk.com/comments.html

Hi Tom, Are you still expecting a possilbe pullback toward the front of next week as you mentioned before?I was thinking about pulling more money in too, but I didn't want to get caught at the upper end of a correction. Do you still think any correction will be short, then off to the races again. Looking back at past charts, during a bull market, its seems the correctios were pretty short. Thanks.

vectorman wrote:

Hi Tom, Are you still expecting a possilbe pullback toward the front of next week as you mentioned before?

Do you still think any correction will be short, then off to the races again.

Yes and yes!

Tom do you expect a short pullback and to be fully invested again by midweek.

So,Tom I thing Im late To jump in -nOw i have to still 100-G

Great, a short pull-back - making it even more difficult to time the thing to get back in. :P

Hopefully, it'll last at least 2-3 days, thus giving me a shot at spotting it and reacting to it before the market resumes its march upward. I'll move "all in" (hehe hold'em lingo) on day two of a pullback at the earliest, day three at the latest. I hope it goes back to 1140 so I can make more money.

CheapShot wrote:

Tom do you expect a short pullback and to be fully invested again by midweek.

Sorry, I just saw your email. I usually can't get to the website during the day, except during my lunch hour.

I don't know exactly how long the pullback will be, assuming we get one. I will watch the indicators and the pullback levels and keep you posted in the market comments.

tsptalk wrote:

I don't know exactly how long the pullback will be, assuming we get one. I will watch the indicators and the pullback levels and keep you posted in the market comments.

I don't think enough people appreciate your insights and comments (as well as the effort to run TSPTALK). Sometimes your commentsare very good (and sometimes they are not), but in every case, they are always interesting.

Keep up the good work!!

Tom, I'm not moving. I think this market has 5% C fund legs. Even if there is a pullback, I think it limited. I'mstaying 100% S because I think we have another easy 5% gain.But I assess it day by day going by sentiment and market reports, not the wave. They are all good! There is just to much strength and everyone is trying to get in nowsince they stoppedfollowing the election.World situation is also taking a breather and we hpoe that oil continues its decline. What perplexs me is EFA, the I fund tracker. I realize that the dollar has given some leverage but both Germany and Japan GDP are projected toend this yeara whopping embarassing 1%. Another reason why this is a great country. Note at Aarifat's memorial service, everyone was there and theirGDP growth stopped completely! I say further decline in gasoline, reasonable spending this Xmas and IRA/ bonus drops January as driving positive sentiment thru end of Jan. Earlier January 2004 forcast was S&P 1232 and fair value next summer - 1250. We're on the rise. Very much enjoyed your more aggressive message this morning and agree with last poster - your great just for creating this website. Your in the heat of the play now! As to Puertorico- I wrote you in Phoenix, now in New York and I'm moving again. I like your spunk. Follow Tom - don't day trade. Get back in. I also said- don't follow anyone - it's your money and you are solely responsible!Study the market and follow Tom, if you chance!

PR: You're usually a risk taker. What's with the 100G? I have done better in the past 10 days then all year!