Birchtree's Account Talk

[Birchtree]

"Looks Like a Breakout."

http://safehaven.com/article-16204.htm

 

[nasa1974]

Hey Birch,

I got a lock on your tail lights and I'm almost close enough to read your license plate. :laugh:

 

[FAB1]

Well the Bonds did poorly. Hmmm. A downday all the way around.

 

[Birchtree]

If I make any more money today I'll be forced to pull my up my sticky pants and go home - I can't stand having this much fun. It's not natural. Gee, even Bill Gross likes stocks these days. So take the Dow to 11,000 and put me out of my misery, please.

 

[nasa1974]

If I make any more money today I'll be forced to pull my up my sticky pants and go home - I can't stand having this much fun. It's not natural. Gee, even Bill Gross likes stocks these days. So take the Dow to 11,000 and put me out of my misery, please.

Geez Birch, The market heard you where having fun and they started selling at 1:30. Stop having fun........:nuts:

 

[Birchtree]

There's nothing but air on the way up.

http://safehaven.com/article-16210.htm

 

[tsptalk]

If I make any more money today I'll be forced to pull my up my sticky pants and go home - I can't stand having this much fun. It's not natural.

Boy, you sniffed that one out alright. You used your own exhuberance to realize the end [of this run] may be near, and the market, almost on queue, fell apart. Nice call there, my contrarian friend!

 

[JTH]

Birchtree, I'm up 3.5% on those mutual funds I bought 1 March. Do you know how, or how often they take the fees out?

 

[Birchtree]

JTH - I don't have an answer.

Is today going to be a parabolic move to make up for yesterday. The NYSE is actually stronger than the Dow.

 

[JTH]

BT, sorry to bail out on you buddy, but I'm taking some to the sidelines, waiting for the next potential dip.

 

[Birchtree]

"Are we perhaps nearing the end of a cyclical bull phase in a structural bull market? Or will strong earnings growth ensure the longevity of the bull.

http://safehaven.com/article-16225.htm

 

[Birchtree]

"This continues to be a bear market rally." Just more bull tinky.

http://safehaven.com/article-16230.htm

 

[Birchtree]

It would appear that there are too many above my #75 rank that are top heavy in the S fund. They'll be in trouble before they are aware - that's what makes this so much fun. Past performance of any fund sector is not necessarily indicative of future gains - there's a valuable lesson to be had. It was the often disliked I fund that provided the gains today.

 

[Boghie]

It would appear that there are too many above my #75 rank that are top heavy in the S fund. They'll be in trouble before they are aware - that's what makes this so much fun. Past performance of any fund sector is not necessarily indicative of future gains - there's a valuable lesson to be had. It was the often disliked I fund that provided the gains today.

Your a tough man to catch Birch...

Especially when I tied a boat anchor around my neck

But, my boat anchor is smaller than eleven of the next twenty over me...

 

[Birchtree]

I've started the yearly tax grind. My gross proceeds in 2009 for my oceanic account is $317,620.00 that is declared on my 1099 form - now I have to recognize with limited wiggle room my realized capital gains and pay the penalty tax on my profits. I can only hope my profits are under $100K. It's always nice to be able to take some profits during the year but the tax cost can be high and will get higher next year because of BHO. I'll have to be careful how much I take for profit but I'm determined to keep moving forward and buying more stock for my future and my heirs. Let the bull run.

 

[Birchtree]

Excellent review on cycles if you believe in that sort of stuff.
"Dow Theory Update."

http://safehaven.com/article-16242.htm

 

[Birchtree]

"By reaching above 1258, the NYSE MCSUM (Summation Index) has now surpassed its former peak. Although it is still under the September '09 top, thereby retaining the longer term negative divergences, it may have to diverge from last week's high into a double divergence pattern before it can mark an important top for the market. This means that we may not be all that close to an intermediate peak."

http://safehaven.com/article-16244.htm

 

[Birchtree]

Some good information on financial stocks.

http://theguruinvestor.com

 

[Birchtree]

"This is still a cyclical bull though and until we have a catalyst in place to kill it there is one game plan that should be followed. That game plan is one that everyone who has the slightest experience in the market should already know. In bull markets you buy dips. And you continue buying dips until you see a fundamental change occur that is going to send us down into the next recession."

http://www.marketoracle.co.uk/Article18244.html

 

[Birchtree]

"The chart shows us that if you felt prudish about overbought character of the market when RSI rose above 70 in 1995, you missed the next 1,000 point advance in the S&P 500."

http://www.marketoracle.co.uk/Article18252.html