Thrift Savings Plan

[coolhand]

Last time, I said that while the OEX smart money is still strongly looking for a rally today I was thinking we'd get a little retracement thanks to ISEE flashing a ST Sell. No such luck. Today, the ISEE Sell is still in force AND we have a repeat strong Sell from this measure. Also it's quite high, implying intermediate-term weakness as well. The $-weighted OEX, NDX, and RUT P/C's are very Bearish. We also have a FL/FS Sell and a Sell from the opinion poll. They may try to hold it today, but they have an excuse to take it down a bit and there are profits to take. There's a trend line below that I'll bet that they want to test. The trend has still not turned back up by our measures and neither has breadth, but both are trying. Next week is statistically pretty weak.