Replies to post #6121 on Thrift Savings Plan

[stocktrader1]

I hear you, just think there is one more leg up before we get that pullback, might be a big one(up). As always, best of luck!

[euterpe1]

Smells like a blow off top today. The DI- reading on the DMI daily is now at 7. That is waaaay overbought.

If I were to take an educated guess at the future...we sell off for a couple of days. Rally to test the highs and then we get a meaningful correction.

http://stockcharts.com/h-sc/ui?s=$VIX&p=D&yr=1&mn=8&dy=0&id=p23147646862

[euterpe1]

Bigger picture looks like we are still on track for move to 1600-1620. Ultimately I am looking at the mid BB as the bounce point.

http://stockcharts.com/h-sc/ui?s=$SPX&p=W&yr=10&mn=0&dy=0&id=p93221413093

We could certainly repeat Oct 2006 - Oct 2007, but when the DI- gets down to 9 or 10 on the weekly chart, it's time to exercise caution.

Short term, $VIX is overbought IMO.

[frenchee]

C Fund Bounce Perhaps Next Week?

I'm expecting a test of C Fund's 45-day price MA next week. If it holds, I'm loading up.

See the chart referenced on this message; PPO indicator.