Overall last 5 days pretty much sucked if you were looking for the markets to go up, but since I was expecting a pull back, I was not surprised. I also know that the politicians in the country are playing games with the America public and I hope someone pays. Do you really think they are going to let the United States default on whatever it is we owe or whoever we owe? I think not. It would be a political bomb for both parties and likely a house cleaning would follow. So with this information I look at the charts and I see that we have had a small pullback and now I would like to see it reverse before the S&P500 goes through $1295. If it does that and they increase the debt level, things will likely accelerate fast for a few weeks.
So for now I hold the line and wait and watch.
TSP Distribution: C-fund – 35%, S-fund – 35%, G-fund – 30%
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