Thread: DreamboatAnnie's Account Talk

Now I admit I haven't gone on the TSP site to see what is going on. This has to do with transferring money in your account not IFT's correct?

Here is a snippet from TSP regarding IFT’s from May 26th until the first week of June….

“While your current TSP investments will remain active during this transition period, we’ll need to temporarily suspend investment changes toward the end of the transition period, beginning May 26, 2022. That means you won’t be able to change your investment choices during this brief time.”

Originally Posted by felixthecat

Here is a snippet from TSP regarding IFT’s from May 26th until the first week of June….

“While your current TSP investments will remain active during this transition period, we’ll need to temporarily suspend investment changes toward the end of the transition period, beginning May 26, 2022. That means you won’t be able to change your investment choices during this brief time.”

BRIEF TIME!!! A lot can happen in 3 to 7 days in the stock market.

Originally Posted by nasa1974

Now I admit I haven't gone on the TSP site to see what is going on. This has to do with transferring money in your account not IFT's correct?

Hi Nasa, It includes not being able to submit ITF requests, or changing how your funds are allocated (via paycheck contributions) into the different funds. So whatever your choices are, they will stay invested in that manner until the new system comes on line. No specific date given except to say it will be the first week in June.

I don't know what they mean by first week in June...that is too vague!!!
June 1 falls on Wednesday and runs to Saturday, June 4.
But full first week of June runs from Sunday, June 5 to Saturday, June 11, 2022.

So, in my book that means it could be as late as June 11. I have always understood "The first week..." to mean the first full week! Hope I am wrong because that would be more like 16 days! BUT...this maybe shorter as I just found other section that says SEVERAL days in the key transition dates section that says:
"Toward the end of the transition period, we’ll need to suspend all TSP transactions for several days beginning on May 26. My Account and the ThriftLine will also close during this time in order to add new features to enhance the ways you manage your TSP account.".

BUT many transaction requests, like for withdrawals, loans, etc can't be submitted after May 16.

Charts... Was not able to post yesterday...my internet went down

01 - S FUND - DWCPF DAILY.png

02 - C FUND - SPX DAILY.png

03 - I FUND - EFA DAILY.png

04 - F FUND - AGG DAILY.png

Ah, the old 'First week of June'...

Notice no strong date...


They are handwaving and giving themselves wiggle room. I would have your allocation set to ride for itself for a while. Don't count on things going smoothly. I really hope the changes are worth this pain. I doubt they will be, but maybe...

Here are 10-minute charts from a few mins ago and going back to 4/25, Monday of last week.
The I and F funds are making new lows compared to this 9-day timeframe while S and C fund are still above the lows we had three days ago on Monday, May 2, but S fund is within a few points of making a new low. Will see how the day ends.

11 - Weekly DWCPF.png


12 - Weekly SPX.png

13 - Weekly I Fund.png

14 - Weekly AGG.png

Here are charts as of a few mins ago. Oddly enough, I am getting that nasty tug in my gut to get back in. Ugghhh.... I noticed that C fund lost its embedded reading on Slow Sto...but with today's action, could it drop back below 20? I do like the candles with long tails forming and liking C best. But any entry here would be very high risk and MACD default still in downtrend. But might be time for a one-day bounce???? ....gosh why am I even thinking about this?
01 - S FUND - DWCPF DAILY.png

02 - C FUND - SPX DAILY.png

03 - I FUND - EFA DAILY.png

04 - F FUND - AGG DAILY.png

Decision made. No, I will not enter. I am not going to enter until I see MACD default (12,26,9) cross above its own signal line. I have tried these risky moves several times over the past couple months and they failed to produce more than a one-day bounce and I overstayed my welcome. The old dead cat bounce strategy worked in Bull market...very forgiving.

Patience....even if we do bounce Monday....patience. It is tough to keep focused on change in market this year. BEAR! Need to stick with that strategy.

But happy it's Friday... Woo...hooo..Hope you have a GREAT weekend!

So close to river tubing time! We need rain!

tubing download.jpeg

Better to be riding the tube in the river...
Than riding down the drain...
Confucius Say...


There is that damn pyramid thang. Why do I always do that. Consider yourself lucky I don't use bullet points or hyphens. Man, I could do both and make this really good. Stream of blah

Here are charts. The pain continues...ugghhh. I understand Wednesday will be a big day with Consumer Price Index number coming out. One guy on FBN this morning said last month was at 8.5%. He expects 8.1%, which would be small improvement and he thought it might be enough to settle the market a bit. However, if number comes in higher than 8.5% ..watch out. Will see what happens, but overall, from what I hear, markets still have a ways to go. I remain on Lilly pad.

Also listened to Grok Trade video that came out yesterday (Nnutt posted it for us. On TSP Grok Trade hread ..Thank You Nnutt! ) plus Ira Epstein's video here on TSPtalk (morning flash). Both very good informative videos!

S Fund - Dashed blue line goes back to high of Sept 2020
01 - S FUND - DWCPF DAILY.png

C Fund - At bottom of chart, Highest Dashed Blue line goes back to May low 2021 / Lowest Dashed Blue line goes back to March high 2021

02 - C FUND - SPX DAILY.png

03 - I FUND - EFA DAILY.png

04 - F FUND - AGG DAILY.png