Taking a look at the charts above you would think that it was a horrible week but it really wasn’t. The S&P just barely pulled back and did exactly what I thought it would for the week and that is consolidate. The Small Cap pulled back a little further, but it too did nothing more than consolidate. Do I need to say it for the International? Same thing for that index also. All of the CBL lines and 50 day moving averages are safe and we really have nothing to do or see going into this week. So for now we are in the watch mode to see if it breaks one way or the other, but I really believe that we will likely see more of the same next week. Sideways movement, and as long as all the levels hold, I am good with that.
This was a very short and brief overview, but to me there is really nothing more to say. Hold the line and wait.
TSP Distribution: C-fund 50%, S-fund 40%, I-fund 10%
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