Thrift Savings Plan

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Frenchee – Selling over? Here’s what I wrote in today’s (Thursday’s) blog…
“There was a significant improvement in the new-high/new-low data Thursday. That is a pretty good signal that we may be getting near a bottom or maybe I should just say we made an intermediate bottom. I’d like to see more confirmation though before we get too optimistic. At the first end of significant selling in August 2011 there were similar improvements in new-high/new-low data, but in addition, VIX improved by about 30%. There were also 3-days with less than 10% of stocks advancing in the 2-weeks prior and VIX peaked at 48 and that shows there was a lot more fear back in 2011. The recent high in VIX was about 28. As I noted yesterday, there was a much lower sentiment value too.

While the improvement in New-high/new-low data looks promising, we probably haven’t seen a bottom yet. In 2011, the final bottom was 6-weeks after that major new-high/new-low reversal. The good news is that the S&P 500 was only down another 2% at the final low in October 2011, but I doubt that we’ll be as lucky this time around.” Blog post at…
http://navigatethestockmarket.blogspot.com/2016/01/unemployment-claims-philadelphia-fed.html