It's day 3 of a test of the 20-day moving average. Sitting at 885, this seems to be a critical point for the pullback in the rally...
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
My trendline has been violated...
Retired, 10G/90C_ BLOG: Stats for April, 2024 Stats
This being OPEX week, the markets action cannot be read into to deeply.
Next week however, is when the true test begins. I'm not necessarily looking for a plunge, but I suspect the market's going to be making some bulls nervous.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Pain is something I've learned to get use to. Still, I have been following this channel for a couple weeks or so. The writings been on the wall and now it just needs a fresh coat of paint.
Attachment 6338
Last edited by JTH; 12-04-2009 at 07:23 PM.
Retired, 10G/90C_ BLOG: Stats for April, 2024 Stats
It's natural - the pause that refreshes. Money is flowing like water into the market and all this liquidity will keep the bulls afloat. I finally had a loss on week #10 but it is tolerable. Maybe I'll get lucky and catch another $10 price on the C fund next week.
20 DMA busted today on most majors but the Nasdaq managed to stop right on it. OEX and NYSE look very toppy here.
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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