Saturday, September 29, 2012

TSP Weekly & Monthly numbers for 9/28/2012

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As bad as the month of September felt, we ended the month with a gain. So how can we complain? Just so you know that is 4 months in a row that we ended up or in the green. After the last two weeks, we are now approaching some critical areas on my charts that will have to watched closely the next few days. The S&P500 is the best looking of the charts, followed by the Small Cap even though it broke through the CBL first warning area. The International that I just got in a few days back, looks to me as the most risky because it appears a lot of levels will collide next week. I will work on this post more in depth Sunday morning, but here is a little tidbit to know. Seven of the last ten years have been up months for October. Obviously this is no guarantee, but it is normally the best time of the year to enter the market. October though January.

I will give you this much now, I will not change my stance in the market Monday. It will take more information in order for me to decided to bailout or just keep on riding the current wave.

TSP Distribution:  C-fund 50%, S-fund 40%, I-fund 10%

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