Daily Archives: September 25, 2014

Sept 25 Update / Dow down 250 Points

Good afternoon from a major airport Admirals Lounge and Wi-Fi….

In the “I kinda mentioned this” category, today the market’s engine lost a few more cylinders, with the Dow Jones index dropping 250 points in one day (we have approx 2 hours left to go….present time is 12:55 PM Central Time).

Financial media is advising that this is the largest decline in 8 weeks.   Note that this is on HIGH VOLUME….this is clearly undesirable behavior.

Note additionally that I personally cannot find any other TSP information site, or even most of the major market news websites, that has taken the lonely position I have held since August, in which I presented my opinion that the market was weak and subject to additional declines.   Since August, I have been in G-Fund and continue to remain in G-Fund.

Talk to everyone soon….I will be boarding a flight soon and off the air for a few days in travel status.

– Bill Pritchard