Thread: nasa1974's Account Talk

Here is the latest from the FRTIB on our TSP.


GovernmentExecutive.com

http://www.govexec.com/story_page.cf...dcn=todaysnews

Retirement savings plan reforms could unfold rapidly

By Alyssa Rosenberg arosenberg@govexec.com June 16, 2009

Changes to the Thrift Savings Plan passed by Congress last week could begin to take effect in July, the staff of the Federal Retirement Thrift Investment Board said during a meeting on Tuesday.
The board is preparing agencies to implement a provision in broader tobacco legislation (H.R. 1256) that would make new hires immediately eligible for an automatic 1 percent agency contribution to their Thrift Savings Plan accounts, according to Pamela-Jeanne Moran, TSP's deputy director of external affairs. Agencies could be ready to go as early as next month, she said. Currently, there is a waiting period before agencies begin making the automatic contributions, which are separate from funds they deposit to match employees' voluntary contributions out of their salaries.

What a day. Market is down. No, wait a minute, it is up. Nope down again. Now it is mixed, what time is it. Down, up, down, up, down. 3:30 and everything is green, holding breath. 4:00....dang!!! F and I are green and C,S is red. Now what do we do tomorrow?

After 9/11 Bush puts out all these security measures and it starts to feel a little like "Big Brother". Now that Obama says that the government needs to oversee how the banks do business, it is starting to feel more like an Orson Wells novel. Just an opinion.

Originally Posted by KevinD

I feel ya...

I feel ya, feel'n Nasa !

Those of us that had some shares in the I fund can thank the fund managers for a negative day yesterday. The market closes and the EAFE fund finishes positive but the managers decided to take some back and we lost .02 per share. Have a good day.

Something interesting to ponder.

From: Stocktiming.com
Every night, we crank our computers up as they look at every stock trading $2 or higher on every exchange.
We get a count of the Very Strong Leadership stocks and a count of the Very Weak Stocks in the Broad Market. From this data, we create a Ratio showing the advantage or disadvantage Leadership stocks have over the Broad Market.
The result shows if Leadership stocks are growing faster than the broad market (a rally condition), or if Leadership stocks are falling relative to the broad market (a negative condition). (In market corrections, the Ratio goes Negative indicating that Weak Stocks have outnumbered the number of Strong Stocks.)
So ... what is our Leadership Stock Ratio showing now?
Well, on March 23rd, the Leadership Ratio finally went positive and started to pull the Broad Market up.
The Leadership Ratio continued to trend higher until May 13th. when the primary trend's support line was broken. That ended the primary move, and was the beginning of a secondary up trend on the Leadership Ratio.
On June 2nd, that second Leadership up trend hit its peak when it tested the resistance line at Label 1 and failed to penetrate it. And then recently, on June 15th, that second Leadership up trend had its support line broken to the downside. The market has been moving lower since that break on the 15th. * See the today's chart for the Leadership Ratio action on these dates and where it is now.
What now?
Well, our Leadership Ratio is down low, but it is still positive ... so here is the Big Question right now:
Will the Leadership Ratio start a third up trend now? Or, will the Leadership Ratio continue to move down and go negative which would set the motions in play for a correction?
*** Right now, the Leadership Ratio is sending a "Caution-Alert" message, and what it does in the next few days will be critical.
Please click this link to go to today's stock market update:
http://www.stocktiming.com/Thursday-DailyMarketUpdate.htm
(If you are having trouble with the link, copy and paste it in your browser ... or if you happen to see last week's page, just hit the refresh button on your browser.)
Regards,
Marty Chenard

StockTiming.com
80 Botany Drive
Asheville, NC 28805
Tel: 828-296-1200

Happy Fathers Day everyone. (One day early)

Everybody ready to continue the roller coaster ride this week? June sure has been frustrating. Hopefully it can end on a positive note. Not looking forward to July. Since 2000 July has had only two positive years depending which fund you where in. Good Luck to all.

OUCH!!! We are going to lose some money today.

It's going to be a long day. GGGRRRRRR!!!!