Replies to post #5364 on Thrift Savings Plan

[coolhand]

In this volatility, one has to try and look past the very short term. We just bounced off the S&P 500s 200 dma yesterday for the 2nd time in a week. That's encouraging. Sentiment is also very bearish on TSPTalk with about 59% bears. That's also good news, although bearish sentiment alone hasn't been getting it done.

I am still 100% S and looking for a target range in the S&P 500 of 1315 to 1330. I'll begin selling rallies at the lower end of that range. I'm thinking we could get there next week, but this market has a mind of its own (imagine that).