Dang this bear doesn't seem to want to go away anytime soon.
Bear-Market-Stock-Market.jpg
They'll never do it, but I would think this would be a good time for the TSP Board to make a bold move and provide one extra IFT for anyone to use this month.
They could do that easily with just an email to all members, to help out those of us that have no IFTs left that might want to get back in at an obvious bottom (as if there is such a thing, clearly the market is not following any rules this time).
I imagine it would take them several years and a half-billion dollars to reprogram the computers to allow one extra IFT though.
Dang this bear doesn't seem to want to go away anytime soon.
Bear-Market-Stock-Market.jpg
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
Or maybe this is what's going on this month...
bear-hand_1350579i.jpg
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
The markets behaved a little closer to normal today. Perhaps things are beginning to settle down.
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
ravensfan,
How are you and your wife doing? New Orleans is now the latest hotspot. My cousin and his wife were there the beginning of the month (she had a conference there) and both have come down with the virus.
May the force be with us.
Sorry to hear your cousin and his wife have come down with the virus. Will be praying they come through this okay. As for my wife and I, we are both doing fine and have not displayed any of the symptoms related to the virus. Obviously we became concerned when New Orleans was declared a hot spot, but I think we dodged a bullet on this one. Mostly for safety concerns, we would only go out during the day when it was not as crowded and then in the evening, we would observe the crazies from our 4th floor private balcony. So by shear dumb luck I think we avoided any exposure. It has been 30 days since we were there and with none of the symptoms, I think we are in the clear. Thanks for asking. I hope all is well with you and yours.
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
Glad to hear you and your wife are dong fine. Talked to my cousin yesterday he said they are into day 12 and feeling a little better, but it is exhausting. Everyone here is doing fine. It's tough not to be able to hug the grandkids. We try to FaceTime every other day. Finished up my first week of telework. Not something I could get use to. Hope the stock market starts to get better.
Stay safe and healthy.
May the force be with us.
New month, new direction...doesn't look like it today...different month, same $hit.
Had to go to the bank this morning. Here in Maryland the Governor has issued a mandatory stay at home order and only essential (groceries, bank, pharmacy, Dr., essential employee's) are acceptable reasons to be on the road. Due to the Corona Virus only the ATM and drive through banking was available, no lobby service. Had to wait in line for an hour and a half before I was able to do my business.
Good luck everyone and stay safe.
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
I think the governor of Mississippi is about to issue the same order.
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