Correction?

General TSP Discussion.

Moderator: Aitrus

Chulke
Posts: 345
Joined: Thu Aug 01, 2013 10:25 am

Correction?

Post by Chulke »

So seeing todays blood shed I've been forced to ask myself 1.) if this is a correction? or 2.) just a random down day? 3.) How deep will the dive be? and 4.) Which TSP market/Fund is closest to completing it's correction?

Thoughts?

By my Calculations the I fund is near a 5% retracement...C fund still has another $70 or so to shed to hit 5% and the S Fund is around 6.5% give or take....

Could be a good buy in opportunity? If you're someone like me that has been waiting for this correction/ retracement...



Cheers!
Cheers!

Current Strat: Loosely following 152300 and 85660 more the former rather than the later
Current PIP: 33.15

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bamablue
Posts: 230
Joined: Tue Jul 24, 2012 11:40 am

Re: Correction?

Post by bamablue »

Yes. No. Deep. S-Fund

Image

PhilJohn
Posts: 336
Joined: Tue Apr 25, 2017 10:38 am

Re: Correction?

Post by PhilJohn »

I'm just going to pay attention to the trend lines. Try not to fall for a bounce. Looking for some consistency before I commit. This could be just another correction, or something much more serious IMO.

tspwizard1
Posts: 272
Joined: Sat Jan 23, 2016 5:33 pm

Re: Correction?

Post by tspwizard1 »

It is obvious that the Delta variant will spread like wildlife late summer/fall/winter. [Political comments removed by the moderator, user warned.] The inevitable covid resurgence will likely spook investors and the markets will continue to fall. I would consider a short term entry to S fund at 31,260 (EMA for 1 month chart of S fund) for a few days and maybe catch a bounce there for a few days before hiding in G again. I am glad I hide at the perfect time before this massive correction that is about to take place.

Chulke
Posts: 345
Joined: Thu Aug 01, 2013 10:25 am

Re: Correction?

Post by Chulke »

[Political comments removed by the moderator, user warned]
Cheers!

Current Strat: Loosely following 152300 and 85660 more the former rather than the later
Current PIP: 33.15

tspwizard1
Posts: 272
Joined: Sat Jan 23, 2016 5:33 pm

Re: Correction?

Post by tspwizard1 »

[Political comments removed by moderator, user warned]

tspwizard1
Posts: 272
Joined: Sat Jan 23, 2016 5:33 pm

Re: Correction?

Post by tspwizard1 »

[Political comments removed by moderator, user warned.]

tspwizard1
Posts: 272
Joined: Sat Jan 23, 2016 5:33 pm

Re: Correction?

Post by tspwizard1 »

[Political comments removed by moderator, user warned.]

Chulke
Posts: 345
Joined: Thu Aug 01, 2013 10:25 am

Re: Correction?

Post by Chulke »

[Political comments removed by moderator, user warned.]
Cheers!

Current Strat: Loosely following 152300 and 85660 more the former rather than the later
Current PIP: 33.15

Chulke
Posts: 345
Joined: Thu Aug 01, 2013 10:25 am

Re: Correction?

Post by Chulke »

[Political comments removed by moderator, user warned.]
Cheers!

Current Strat: Loosely following 152300 and 85660 more the former rather than the later
Current PIP: 33.15

Optimus187
Posts: 106
Joined: Fri Jul 07, 2017 12:22 pm

Re: Correction?

Post by Optimus187 »

tspwizard1 wrote: Mon Jul 19, 2021 1:45 pm It is obvious that the Delta variant will spread like wildlife late summer/fall/winter. [Political comments removed by moderator, user warned.] The inevitable covid resurgence will likely spook investors and the markets will continue to fall. I would consider a short term entry to S fund at 31,260 (EMA for 1 month chart of S fund) for a few days and maybe catch a bounce there for a few days before hiding in G again. I am glad I hide at the perfect time before this massive correction that is about to take place.
This is complete violation of Rule 1 and habitual for this user. Some things never change .

Rule 1
This forum is - first and foremost - a place to talk about TSP and retirement planning. As such, I'm asking that you leave all political discussions for the Anything Goes forum. MJ will work on making that part of the forum invisible to the "Latest Posts" so that those who wish to avoid the non-TSP and non-retirement planning discussions can do so more easily. This makes sense as this is presumably the largest portion of the membership here, as there are relatively few members who engage in the political talk. Keep in mind that a growing number of our members might very well be young military members who are simply looking for information on investing, which in my experience really isn't provided by the Services.

tspwizard1
Posts: 272
Joined: Sat Jan 23, 2016 5:33 pm

Re: Correction?

Post by tspwizard1 »

Optimus187 wrote: Mon Jul 19, 2021 3:53 pm
tspwizard1 wrote: Mon Jul 19, 2021 1:45 pm It is obvious that the Delta variant will spread like wildlife late summer/fall/winter. [Political comments removed by moderator, user warned.] The inevitable covid resurgence will likely spook investors and the markets will continue to fall. I would consider a short term entry to S fund at 31,260 (EMA for 1 month chart of S fund) for a few days and maybe catch a bounce there for a few days before hiding in G again. I am glad I hide at the perfect time before this massive correction that is about to take place.
This is complete violation of Rule 1 and habitual for this user. Some things never change .

Rule 1
This forum is - first and foremost - a place to talk about TSP and retirement planning. As such, I'm asking that you leave all political discussions for the Anything Goes forum. MJ will work on making that part of the forum invisible to the "Latest Posts" so that those who wish to avoid the non-TSP and non-retirement planning discussions can do so more easily. This makes sense as this is presumably the largest portion of the membership here, as there are relatively few members who engage in the political talk. Keep in mind that a growing number of our members might very well be young military members who are simply looking for information on investing, which in my experience really isn't provided by the Services.
? People want to know why the markets are going to drop it is because covid spread is resurging due to large percentage of unvaccinated people. How it that political at all? More covid spread = lower markets.

VAmanBulls
Posts: 227
Joined: Wed Jul 24, 2019 8:37 am

Re: Correction?

Post by VAmanBulls »

No big correction. Not yet. S&P will see the record high again in the short. As long as earnings remain strong (they are for now) I'm buying the dips. Bought more Apple and Microsoft today. I do think a 10% correction or more is sooner than later, but this is not it.

User avatar
ubascuba
Posts: 49
Joined: Fri Sep 08, 2017 11:56 pm

Re: Correction?

Post by ubascuba »

VAmanBulls wrote: Mon Jul 19, 2021 4:29 pm No big correction. Not yet. S&P will see the record high again in the short. As long as earnings remain strong (they are for now) I'm buying the dips. Bought more Apple and Microsoft today. I do think a 10% correction or more is sooner than later, but this is not it.
Just curious... what make you think it's not going to be a bigger correction?
Ubascuba
Strategy:121017
Current PIP: 29.38%


“Courage is what it takes to stand up and speak; courage is also what it takes to sit down and listen.” ~ Winston Churchill

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Aitrus
Moderator
Posts: 2142
Joined: Mon Aug 06, 2012 5:03 pm

Re: Correction?

Post by Aitrus »

Well, this one went off the rails quickly.

tspwizard, you started it with the "one of the major political parties..." line. Chulke, you responded in kind, then the two of you went at it. I've said it before and I'll say it again: this forum is no longer the place for that kind of discussion.

The thread appears to be going back to discussion of the issue at hand without the politics (thank you, VAmanBulls and ubascuba). However, if it goes political gain, then I'm locking down the thread.
Seasonal Musings 2021: viewtopic.php?f=14&t=18757
Recommended Reading: http://tspcenter.com/forums/viewtopic.php?f=14&t=13474
"It's not what happens to you, but how you react to it that matters" Epictetus

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Fund Prices2021-07-29

FundPriceDayYTD
G $16.63 0.00% 0.77%
F $21.09 -0.15% -0.51%
C $66.32 0.43% 18.61%
S $85.20 0.43% 14.82%
I $39.19 0.69% 10.75%
L2065 $14.30 0.52% 15.19%
L2060 $14.30 0.52% 15.19%
L2055 $14.30 0.52% 15.19%
L2050 $29.03 0.42% 12.50%
L2045 $13.24 0.39% 11.76%
L2040 $48.29 0.36% 11.04%
L2035 $12.75 0.33% 10.18%
L2030 $42.40 0.31% 9.34%
L2025 $11.99 0.23% 7.40%
Linc $23.15 0.11% 3.92%

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