Good Evening, The doom and gloomers were out in full force again today. The sky is falling, the sky is falling. My gosh we don’t have a trade agreement with Canada and what about China something must be wrong. It’s September and the market always goes down in September. Better get out now while the getting is good. Etc. etc. etc. and so on and so forth. You know what I say? yeah right! We just finished the best August in like forever and you said most of the same things at the beginning of that month as well. So the best opportunity to get back into the market for those of you that sold when these fools told you to sell is to wait for a pullback. Right? So how many additional gains will you lose while you wait? Your not day traders If you believe the market is moving up in the intermediate to long term then you need to be in it. As far as these serial top callers are concerned, isn’t the definition of insanity to keep doing the same thing and expect different results??? So I ask you, what have all these top callers been doing since 2009 and how much money would you have made if you listened to them? So why listen to them now? Sure the market will head down at some point and when it does we’ll react to the price action that we see before us, not to these Chicken Little’s that keep calling for the sky to fall! Why all the doom and gloom anyway. Yes the market was off today but only moderately and since when did it ever go up every day anyway??? Just for the record, I am bullish into the new year period. But you can bet I’ll be watching my charts and I won’t have a problem with selling and admitting I’m wrong in the event that the market does go down. Unlike those folks I don’t make my money be reading tea leaves or gazing into crystal ball or whatever it is they do. I just watch the price action that unfolds before my on my charts and right now I don’t see that the sky is falling. Just to make things perfectly clear, I’m all in for now!!!!!
The days trading left us with the following results: Our TSP allotment slipped -0.18%. For comparison, the Dow was off -0.05%, the Nasdaq -0.23%, and the S&P 500 -0.17%.
The days action left us with the following signals: C-Buy, S-Buy, I-Neutral, F-Neutral. We are currently invested at 100/S. Our allocation is now +11.67% on the year. Here are the latest posted results:
09/04/18 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 15.8375 | 17.9104 | 41.2743 | 54.5736 | 29.8877 |
$ Change | 0.0052 | -0.0481 | -0.0645 | -0.1149 | -0.3650 |
% Change day | +0.03% | -0.27% | -0.16% | -0.21% | -1.21% |
% Change week | +0.03% | -0.27% | -0.16% | -0.21% | -1.21% |
% Change month | +0.03% | -0.27% | -0.16% | -0.21% | -1.21% |
% Change year | +1.91% | -1.13% | +9.74% | +12.60% | -3.14% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 20.0692 | 27.7351 | 32.0893 | 35.1152 | 20.4319 |
$ Change | -0.0175 | -0.0415 | -0.0953 | -0.1256 | -0.0834 |
% Change day | -0.09% | -0.15% | -0.30% | -0.36% | -0.41% |
% Change week | -0.09% | -0.15% | -0.30% | -0.36% | -0.41% |
% Change month | -0.09% | -0.15% | -0.30% | -0.36% | -0.41% |
% Change year | +2.65% | +3.14% | +4.40% | +4.89% | +5.34% |
