Thread: Interfund Transfer 5/24 for 5/25/06

Originally Posted by tsptalk

It looks like the S&P dropped below support so I am going to take a couple of days out of stocks and make an interfund transfer to 100% F fund this morning.

100% F fund

F? G should pay tomorrow.

Ive been riding the F fund down for about a week now. Thinking about trying to catch the penny myself...

Good point, but F is so due, and if the market does sell-off, there could be a rush to bonds.

Originally Posted by tsptalk

Good point, but F is so due, and if the market does sell-off, there could be a rush to bonds.

Sure does sound like emotions talking....

Originally Posted by tsptalk

Good point, but F is so due, and if the market does sell-off, there could be a rush to bonds.

Still have that housing news tomorrow. AGG still holding above some good support at 99.0, but there is an up gap from last Aug that still could get filled. I guess the downtrend is a delayed reaction to that head & shoulders pattern we talked about awhile back.

http://bigcharts.marketwatch.com/adv...s.asp?symb=AGG

Originally Posted by ATCJeff

Sure does sound like emotions talking....

Of course. If I wasn't emotional I would keep following Trader Fred in the stock funds.

It really does look ready to pop up to me. It looked kind of strange the way it has been following the lower line in the SLO-STO, set at 20,2 check Sept to Nov of 2005.

sentimentrader says this break of support has put the short term into very oversold territory - a place where the market has been able to rebound strongly from in the past. We can't win. This TSP deadline is really killing any attempt to make short term plays. I guess we should know better. These big intraday reversals don't help either.

Of course any rally here could be short-lived. Keep watching 1522 on the S&P. It could act as resistance now.

For those in the F fund, tomorrow is the jobs report so we could see some volatility. We should also see the penny gain in the G fund tomorrow. Something to consider. I don't have time to send out an alert, so I'll stay put in F. It could go either way but the bond market, although due for a bounce, seems to continue to tell us that down is the path of least resistance at the moment.