.
In a nutshell, I am making no changes to my wife's TSP account. The allocation in F-Fund remains at 46% and the allocation in the G-Fund remains at 54%.
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The past two days have not been kind to the TSP -- we've lost all of the gains of the month due to a plummeting bond market/rising equity market these past two days, which directly impacts the F-Fund. We are presently even (-0.03%) since our last signal to move into the F-Fund.
Despite the short-term strength in the equity markets, I cannot see any compelling reason to jump into the equity funds for the longer haul. This may change if we continue to see strength in the equity markets AFTER July 4, so our next bogey will be the week of July 4-8, when QE2 ends and Wall Street comes back from vacation.
Earnings season is upon us, and this could compel us to move into equities.
I intend to let the indicators do their job, rather than try to anticipate a bump at this time.
Regards,
pgd
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