TSP Distribution: G-fund 100%
What a week that turned out to be. We went from pits of Hell to a buy signal on the International index and then it was confirmed. Then Friday we got a buy signal on both the S&P and Small Cap. What we need to see is follow through Monday. So if the market is up Monday, I’m going to have to re-enter the market. The distribution is up to you but I will likely divide into all 3.
My fear is after that big run up last week, there will be a pullback this week. Also if there is any bad news about the fiscal cliff, lookout. So there is risk but right now, I must follow the charts. At this point, which is 11:40pm Sunday night the futures are down 4.4 points on the S&P but the Nikki in Japan is up .73%. Who knows what tomorrow will bring.
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