Sunday, June 19, 2011

TSP Weekly update, June 17, 2011

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Taking a really close look at the S&P500 with the 30 minute chart there is a little hope here that we are building a bottom at $1261. This is not a call for a bottom and if you take it as that it is only a gamble. It is an area of watch that maybe the buyers are stepping back in. All moving averages are still point down and the not all other indexes are in agreement yet. The NASDAQ is the main drag.
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Screen shot 2011-06-19 at 10.24.35 AM
TSP Distribution: G-fund – 80%, F-fund - 20%

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