Birchtree's Account Talk

[Birchtree]

Re: Birchtree's account talk

From my friends at Merrill - by Mary Ann Bartels, Technical Research Analyst

"The dominant line from the May high is currently at 1282 for the S&P and is declining by a bit more than 23 points a week. The down-sloping support line connecting the January and March lows is now in the 1228 area. A rally through the post-May downtrend line would (finally) indicate an upside reversal. This is only the third time in 23 years of data that the Net Tabs measure has reached +6. The previous instances were a one-week reading in December 1994 and a cluster during August-October 1990. The 1994 event occurred a week before a major market bottom. In 1990, the S&P declined by as much as 9% from the first +6 reading in the cluster until the last; less than four months after the cluster, the S&P was at all-time highs."

 

[Steadygain]

Re: Birchtree's account talk

Birch - thanks for making me laugh - especially as I'm closing out.

A person would be hard pressed to attack you on a personal level, let alone a financial one.

YOU ROCK my man - have a good night.

 

[Birchtree]

Re: Birchtree's account talk

Peter Head John Edwards has been outed with a love child and mistress; Barack will undoubtedly be next in line - I've never known a black politician that could keep it in his pants. Call it racist if you like but it's a truism.

 

[Steadygain]

Re: Birchtree's account talk

It may be more related to politics and power instead of race. I would undoubted believe that the more popular you are (sports, politics, industries, corporations... and the list goes on forever) the more likely your eyes "will wonder" if your a man. Somehow they seem to go hand in hand - and most of them come to believe they are entitled to do as they will - but equally important they think they have the power and authority to keep it secret.

But all things come out eventually Birch - and you can be sure the white Republicans are every bit as guilty.

Anyway - a blanket statement againt the black race could not possibly be considered "a truism". I swear Birch - at some point those kind of comments are going to cost you. You won't always have your brother around to put out the fires.

 

[Birchtree]

Re: Birchtree's account talk

It wasn't long ago the left was saying that McCain had an illegitimate black daughter - actually she was an adopted child. Wasn't Bill Clinton our first black president? What type of fiasco will Obama bring upon us - or will it be Michele. I don't think the country can take the risk of an inexperienced politician.

 

[Steadygain]

Re: Birchtree's account talk

What type of fiasco will Obama bring upon us - or will it be Michele. I don't think the country can take the risk of an inexperienced politician.

McCain has lots of support and sounds like a fairly decent guy - so it really doesn't matter a lot to me.

My main concern is the economy and whoever spurs solid economic growth - I hope he wins whether I vote for him or not.

Instead of thinking "inexperienced politician" - the thinking should be more focused on the far more important things like "soul". The overwhelming odds are Obama has a billion times more "soul" than McCain (who probably doesn't have any). So instead of focusing on the typical political BS stuff - think of a president dancing with rhythm and style - NOW THAT SHOULD BE THE HIGHEST AGENDA.

 

[Birchtree]

Re: Birchtree's account talk

Brother, are you sure we got the same parents?

 

[sugarandspice]

Re: Birchtree's account talk

Peter Head John Edwards has been outed with a love child and mistress; Barack will undoubtedly be next in line - I've never known a black politician that could keep it in his pants. Call it racist if you like but it's a truism.

A truism in your "world" does not make it true. It's racist plain and simple. Long live the 50's!

 

[Steadygain]

Re: Birchtree's account talk

Birch - honestly I need to run and only have a minute.

BAIL - GET OUT - WE'RE IN A BEAR MARKET

BAIL OUT

BAIL OUT

 

[Birchtree]

Re: Birchtree's account talk

Steadygain,

You go first it's only elephant grass.

 

[luv2read]

Re: Birchtree's account talk

So instead of focusing on the typical political BS stuff - think of a president dancing with rhythm and style - NOW THAT SHOULD BE THE HIGHEST AGENDA.

How about Ronnie in "This is The Army" circa 1943. With Joan Leslie, Kate Smith (sings God Bless America), Alan Hale, Frances Langford, and Irving Berlin tunes (and him singing...ew). Now THAT was a President with rhythm, style and class.

 

[Birchtree]

Re: Birchtree's account talk

I did a preemptive sale this morning on my CPO (Corn Products Int) that is scheduled for a take over by BG (Bunge). I now have extra cash to shop some more in the financials which are being corrected today - better pricing for tomorrow. The homebuilders are getting more negative news and are now excellent for accumulation.

 

[Steadygain]

Re: Birchtree's account talk

I did a preemptive sale this morning on my CPO (Corn Products Int) that is scheduled for a take over by BG (Bunge). I now have extra cash to shop some more in the financials which are being corrected today - better pricing for tomorrow. The homebuilders are getting more negative news and are now excellent for accumulation.

Oh THANK YOU ! Birchtree,
This is the first time I really had an opportunity to laugh today. Our little brother sounded so gloomy and then S*** seemed to hit the fan from all over the place.

Anyway - I really do appreciate your upbeat spirit and the confidence that prevails. When things get dark - you're always pointing to the light at the end of the tunnel - finding golden opportunities.

Indeed PermaBull #1.

 

[luv2read]

Re: Birchtree's account talk

No energy stocks Birchy? They're down too but coming up.

 

[Birchtree]

Re: Birchtree's account talk

I have plenty of energy stocks of all kinds and am currently satisfied with just letting my dividends do the heavy lifting. I only have so much money to go around so I'm trying to concentrate on financials and toxic housing related stocks. I'm a value hunter and I see a terrific buying opportunity and financials have never been cheaper - so I'm building a core position that will hold me for years into the future. I'm more concerned about the election wondering can Americans get comfortable with the back-ground and experience level of Sen. Obama. He doesn't have any values that I can identify with and his inexperience is just to great a risk for this country. People don't know what he believes, which makes him a big question mark. He's an unknown, and that's a liability. Just think if he was in office now - what would he do. Tell us to take the bus.

 

[Steadygain]

Re: Birchtree's account talk

I'm more concerned about the election wondering can Americans get comfortable with the back-ground and experience level of Sen. Obama. He doesn't have any values that I can identify with and his inexperience is just to great a risk for this country. People don't know what he believes, which makes him a big question mark. He's an unknown, and that's a liability. Just think if he was in office now - what would he do. Tell us to take the bus.

All you can do is make your vote. The real problem isn't Obama or McCain - it's the established system that's grown to be more and more government over the years with the past 8 being the worse. At this point I don't even blame Bush - as in all reality it's probably a bigger process that he had no choice but fall into.

I guess it does bother me that the one guy who stressed "less government" is the one who brought it to record highs.

If Obama follows Bush's example - his promise is "Change" - so that could be a guarantee nothing will change. Who knows I think anyone running for President is pretty much going to say whatever sounds good and hope for the best.

 

[Steadygain]

Re: Birchtree's account talk

Birch - you are always welcome in my place - and I don't how in the world you could ever think otherwise.

When I'm talking about smelling my place up - I'm talking about that wacky weed BS - the sweet leaf - pot - mary jane - or whatever the hell they call it now a days.

I would never say you're smelling the place up - man - you need to go back and read the whole sentence.

If it's any comfort - I've been Republican from day one - but as time goes on it all just melts together and whoever deceives me the best - especially if they say something that touches home like "I will make sure that BRAIN RESEARCH gets the highest priority" - well that's a guarantee they get my vote - even if they're totally FOS.

 

[Birchtree]

Re: Birchtree's account talk

Thanks for the comforting words. At one time in my life I was a strong Democrat - that was until yellow back Jimmy Carter happened upon the scene. Giving all those draft dodgers amnesty completely turned me around. I became a born again Republican and will never go back to my liberal ways or thoughts. Ronald Reagan will live forever in my memory. The reason we have so much government interference these days relates directly to the threat of more terrorism.

 

[Buster]

Re: Birchtree's account talk

- I'm talking about that wacky weed BS - the sweet leaf - pot - mary jane - or whatever the hell they call it now a days.

HERB

 

[Birchtree]

Re: Birchtree's account talk

Around here it's known as gainesville green or sinsemila - one tote and you're gone for hours. About on par with panama red or better when fresh. A few summers back I could smell it every time I drove past a certain house on my daily commute - reminds me of the sweet smell of superlative bull manure. Currently runs about $350 an ounce.