Thrift Savings Plan

[coolhand]

Last time, I said that we were surprised by the comeback, but we figured that it was probably a function of three things: Trend Momentum, Liquidity, and widespread Bullishness. I was still looking for a bit of selling but then I was looking for things to hold together. They not only held together, but they rallied. So, now what? It's demoralizing for even a VST Bear. Still, we have some very good stuff suggesting extreme care. AAII shows a ton of Bulls and few Bears and ISEE jumped 101 to north of 200 which is both a Sell and a ST Sell. The odds approach 90% for a decline of some sort today or tomorrow. The trend is positive and the worst we can say about breadth is that it's "iffy". We need to remember yesterday's analysis and expect any decline to be generally contained for a bit. It's when sentiment gets a bit more normal that we need to really start worrying.