Thrift Savings Plan

[coolhand]

Last time, I said that ISEE suggested a bounce and then the big jump implied a sell off. We got something like that. The market may bounce a bit today, but the odds strongly favor more weakness today and maybe tomorrow at the latest. The VIX is so low that we really need to get some fear into the market. The $-weighted options in general show folks paying up for calls. As we had feared, the market's momentum has turned down, but the Bulls can hang onto the fact that it has not confirmed. It's hard to be too Bearish in here, and we can see how resilient the market is, but we still see a bit of weakness ahead. Short resistance, and buy good support. Don't forget, we have a "Best Fade" Sell in force still.