The rebound

Stocks rallied yesterday on light volume as investors seemed tentative to jump back in.  The Dow regained 68 of the 166-points it lost on Friday.

For the TSP, the C-fund gained 0.77% yesterday, the S-fund gained 0.79%, the I-fund added 0.72%, and the F-fund (bonds) slipped 0.16%. 

The bounce is typical after a large sell-off like we saw on Friday, although there was reason to believe we could see continued selling today because the unrest in Cairo is not easing.  To me, this is a positive sign, but sometimes these dead-cat bounces don't last much more than a day or two so we will no more in the coming days.
                         
                        Chart provided courtesy of www.decisionpoint.com, analysis by TSP Talk

We are so due for a pullback but the market environment is so good that I expect buyers to step up quickly on dips.  Yesterday, they did that.  Now we just have to wait to see what they do next.

The TSP's L-2050 fund starts today.  Here is the starting allocation for the L-2050:
                      

See www.tsp.gov for more information on the new fund.

I have been up to my eyeballs in coding and customer service functions over the few days so I am going to take a little break from the commentary since the market is really tough to call here. 

Administrative Note:  The free trial for our new Premium Service -  Interpid Timer's Investment Strategies is now over.  To gain access, you will need to have a subscription to gain access.  For more information on how to get started, please see the Premium Service Frequently Asked Questions page.

Thanks for reading!  We'll see you tomorrow.

Tom Crowley