Friday, August 19, 2011

TSP weekly update, 8/19/2011

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sp-daily

Well that makes 4 weeks in a row that the stock market has been pounded and if your still in an riding at this point, bless you. You are likely in for more pain. The chart to the left is the S&P 500 and the bear flag came true this time and the few days that the market went up, were erased in two days. I will post more tomorrow if I have time, but this is going to be a busy weekend for me, so my final post may not come until Sunday night. The market is so bad at this point that even the L-Income fund is losing money. The only thing that is safe is the G. The only thing that is making any money that is better than the G, is the F-fund. I talk more about this later. My 3.32% gain for the year is looking pretty good right now in time. Whew, what a market.

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Screen Shot 2011-08-19 at 8.11.06 PM

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