Birchtree's Account Talk

Hey Birch,
I'm going to be gone for the next 3 weeks and want you to kind of cover for me.

First - Obama now has a 'kick in the balls' rating of 10 - on a scale of 0 to 10. So I will vote for the total opposite of whoever is up for the next election.

Cause that's how I do it Birch -- it's my way of letting the previous guy know what a piece of rahm he is and it's like the strongest message I can give.

Second - The Markets may show some lingering weakness so be careful with the 'kittens' cause they are having a hard time.

Third -- I don't want you getting in trouble -- so please be careful but once in awhile 'Stir the Pot' - 'Yank a chain here and there'

Forth -- surprize the ladies with an occaional comment that really sounds 'genuine and from the heart'.



Oh and don't forget to let everyone this is a BULL MARKET no matter how anyone could looks at it :D:D:D

But you might try to spark some fear here and there just to keep em' alert and on their toes.


Thanks man -- yeah, Blue Ridge Mountains and all -- it's in my blood Birch -- I'm not some FL Pansyass pretending to like the country.
 
Birchtree,

Good call on the S Fund, it will almost always do best coming out of a recession (as it did in 2003, loved that year, I road S and I up to over 45% gains that year!). Conversely, S gets killed when stocks are heading down in a recession (as they are now). But in a sustained, growing economy, the C Fund will do better, as you said. Problem is, it doesn’t look like a growing sustained economy at the moment, either here, or abroad. The numbers just aren’t there…yet.

I thought I saw you on the tracker yesterday.

I'm not seeing you as a member on it today ?

Hey Tom,

If you read this I'd be curious, Is everything ok with the tracker ? Are names dropping off ?

Thanks Tom.
 
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free money (saved) - all you want

I keep looking for you on the tracker but I can't find you? It takes a while for the page to load so I can scroll that far down...:cheesy:


That's because he's at rank #265 - ooops - - that doesn't count today's close. Still time to bail >1,000 - - - freefall friday coming up!!!!

I'm not sure if I am (yet) ready to accept Corepuncher's bold bottom call of 900; but I wouldn't rule out <1,000, or even 950-1,000.

Free saved money, all you want....just bail right now.
 
Re: free money (saved) - all you want

That's because he's at rank #265 - ooops - - that doesn't count today's close. Still time to bail >1,000 - - - freefall friday coming up!!!!

I'm not sure if I am (yet) ready to accept Corepuncher's bold bottom call of 900; but I wouldn't rule out <1,000, or even 950-1,000.

Free saved money, all you want....just bail right now.

In fairness I didn't mention jth.. :laugh:

It looks like Birchtree went away.. Another 100 K down the crapper... The writing was on the wall a month ago... But I missed the rally upwards. Fair is Fair...
 
No I didn't give up that much today - energy was keeping me afloat. I don't plan on going away any time soon - I'll hold the line on this correction. Sometimes one has to accept the pain that comes before the gains - this is a repeat cycle that is rather common. You'll see when the turn comes - no one will again believe it, remaining on the lily pad. That's just the way the bull likes to play this game.
 
No I didn't give up that much today - energy was keeping me afloat. I don't plan on going away any time soon - I'll hold the line on this correction. Sometimes one has to accept the pain that comes before the gains - this is a repeat cycle that is rather common. You'll see when the turn comes - no one will again believe it, remaining on the lily pad. That's just the way the bull likes to play this game.

I Agree, We will get some 1 day wonders on the way to Dow (first stop) 8500. I'm not trying to catch the knife for the most part.
 
Re: free money (saved) - all you want

That's because he's at rank #265 - ooops - - that doesn't count today's close. Still time to bail >1,000 - - - freefall friday coming up!!!!

I'm not sure if I am (yet) ready to accept Corepuncher's bold bottom call of 900; but I wouldn't rule out <1,000, or even 950-1,000.

Free saved money, all you want....just bail right now.

Notice nobody commented on my link showing buy & hold beating DCA? Better a clown than a fool & his money parting...

http://thepatternsite.com/Blog-May10.html#P18
 
Re: free money (saved) - all you want

That's because he's at rank #265 - ooops - - that doesn't count today's close. Still time to bail >1,000 - - - freefall friday coming up!!!!

I'm not sure if I am (yet) ready to accept Corepuncher's bold bottom call of 900; but I wouldn't rule out <1,000, or even 950-1,000.

Free saved money, all you want....just bail right now.

OK, I think I finally figured out you post and now I have probably made a mess with my other posts, lol.

Your talking about Birchtree being #265

I was talking about PCRit. He was a member of the tracker yesterday and I cannot find him on it today.

Anyway sorry to amoeba, jth
 
When the risk trade returns it may be exceedingly explosive shaking the ground as the bullish herd stampedes to higher highs - the only question is what will be the magnitude of the rocket launch. How much longer will I have to wait - perhaps today was the final wash out. I'm so ready after being virtuous and patient - hit me with your best shot.
 
Re: free money (saved) - all you want

I was talking about PCRit. He was a member of the tracker yesterday and I cannot find him on it today.

Anyway sorry to amoeba, jth

Poolman, I've never been on the tracker, so not sure what/who you saw:confused:
 
JTH,

That was good information from Bulkowski. However, he was using a monthly contribution instead of a biweekly DCA. I think you really increase your odds of getting golden prices the more you DCA especially at the lower prices. The more shares accumulated the quicker the rebounds when heading into a new bull market. Today was just more hedge funds running from panic and foolishness.
 
Re: free money (saved) - all you want

Notice nobody commented on my link showing buy & hold beating DCA? Better a clown than a fool & his money parting...

http://thepatternsite.com/Blog-May10.html#P18

Here's the thing, and this is not a knock on you JTH; contributing your bi-weekly contri to TSP is, according to the buy and hold gurus- the Bogleheads, not considered dollar cost averaging. DCA by their definition is spreading a lump sum out over time. Buying with contributions is putting money to work as soon as you get it aka, opportunity investing.

I have always questioned whether or not buy and hold is still buy and hold if you
1. Contribute on a consistent basis (TSP bi-weekly)
2. Re balance.
3. Invest in a managed fund and 'hold it'

I have no idea how anybody could rebalance a portfolio with 400 some stocks, but that's BT's prerogative to eventually hold the NYSE.

You guys and the tracker... get a grip. I'm realizing very very fast as my life is changing (for the better) that there are more important things to do in life than throw darts at a dartboard because at the end of the day, that's all any of us are doing. If it's a bull market towards the end, you retire happy. If you run into a bear market before pulling the plug and it persists, forget about it.

The ONLY number that means anything is whether you have enough to live the lifestyle of your retirement dreams when the time comes. If BT has 2 Million, then I'd say he's probably living a comfortable retirement. Sell the entire portfolio, ladder CD's and he'll be living a happier retirement than all of us still stuck in the rat race.

Love him, hate him, you'll NEVER forget him.
 
I plan to peel off stocks as the need becomes necessary trying to reduce my tax consequences. Until then I'm simply reinvesting my dividend income. This current bull market is going to provide me with multiple millions by the time I'm done - I fully expect to remain an active investor for the next 30 years - let the good times roll. My daughter is a new employee and now has a Roth 401K defined contribution plan for her retirement 30 years down the road. I believe come November that the voters will blow away some of these stinky liberals and their failed policies - the market just doesn't recognize that transition yet - but they will. The bull is not done by any measure.
 
Not to pick the pole out of my eye, but not everyone gets to contribute twice a month. Some of us only get to do it once a month.
 
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