The S&P (excuse my math) is only down less than 4% from it's over-inflated September peak. I don't know the ages of most of the members here, but I started investing in 1986 and learned quick on Black Monday, October 19th, 1987 what a "real" correction felt like. I was a young Soldier and saw all my mutual fund contributions vaporize in one day. These up and down days of 1-2% are annoying and can hurt egos of market timers.
That said, outside my TSP, I am 90% cash and if members here have read my posts they know why. I am conservative by nature, so giving some profits back the past two days is fine because I am in the "L2030 Fund" and we all know it's "safe". This site is isn't updated yet, but I figure the L2030 was down .91% and I gained .5% previous two days.
So much more fun to watch the markets bomb when you're not invested...
Attachment 30556
Retired, 50G/50C_ BLOG: Stats for April, 2024 Stats
This is a high volume weak friday, like January 31; tuesday should be a real bell-ringer; I'm thinking no less than -1.5% by COB 10/14/14, and probably alot more. The superstitious here may think I'm putting the boogie on their sideline positions; but I'm not a believer in boogeymen....at least not this one. The train has left the station and it ain't comin back next week.
I had an IFT in the cue for 100% F at COB today and canceled it with 2 minutes to spare. Not feeling so groovy about that now. Monday may just flat out be the kind of day where they have to stop trading. Got to paint a grim picture so that anything short of that is a positive lol
-Geaux
Only time will tell, but I also am standing pat with 100% equities. Fear Index is like 3, extreme fear. If I wasn't already 100% equities, I would have been going in today. Buy that dip!
There are 10 types of people in the world. Those who know binary, and those that don't!!
Retired on December 31, 2018!!
Thanks everyone for chiming in, from my perspective, this has been a light correction thus far.
Attachment 30582
Retired, 50G/50C_ BLOG: Stats for April, 2024 Stats
PnF, Daily, .25% Box, 3-Box reversal: Hard to believe we've erased this year's gains.
Attachment 30587
Attachment 30588
Retired, 50G/50C_ BLOG: Stats for April, 2024 Stats
Head & Shoulders price objective met.
Attachment 30604
Retired, 50G/50C_ BLOG: Stats for April, 2024 Stats
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
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Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
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