Birchtree's Account Talk

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Re: free money (saved) - all you want

poolman said:
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
Click to expand...


Don't sweat it PM, it went over my head, and besides I more than enjoy (and deserve) a good ribbing. Someone around here (right or wrong) has to keep the BT Bull at bay and I proudly wear that title. BT you know I love you in a man-love sort of way. If I ever thought I was hurting your feelings, I wouldn't be giving you as much crapp as I do. :cheesy:
 
Birchtree said:
This current bull market is going to provide me with multiple millions by the time I'm done -

:D:D Amen Brother !!!!

My daughter is a new employee and now has a Roth 401K defined contribution plan for her retirement 30 years down the road.

That's wonderful Birch -- especially since we were just talking about that. YEP -- good for her !!

I believe come November that the voters will blow away some of these stinky liberals and their failed policies.
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That's exactly how I see it. But I don't think it will be the BS 'Conservatives' that are FOS and simply acting for political gain...

I think people are now 'forced' to take a much harder look at who the hell they are and what they stand for in 'real life'

My guess is 'Real Conservatives' are the only chance we have and everything that's happened over the years was ultimately meant to make everyone see that truth.


Well goodnight all
 
Re: free money (saved) - all you want

poolman said:
I'm sorry PCRit,

My Bad. I don't know what I was thinking. Brain Xart I guess.
Click to expand...

I think Poolman was partaking in some Samuel Adams Coastal Wheat beer.

I know the feeling. :nuts:
 
A funny quote - that might not be so funny...

After all, health care reform and the prospects of much higher taxes and more regulations are causing U.S. businesses to rush out and hire everyone they can before all the able-bodied are gone.​

Peter Morici


Birch,

I try to let the market decide. Three to five days of trend. But it might just be time to sit out the next thee years:p
 
Re: free money (saved) - all you want

Boghie said:
I think Poolman was partaking in some Samuel Adams Coastal Wheat beer.

I know the feeling. :nuts:
Click to expand...

Actually your right and wrong. I was partaking in a couple of
Corona Lights but I do drink Samuel Adams light on occasion.

:blink::nuts:
 
My man, gotta love the bull in you, but I hope you have your arse covered.:eek::eek::cheesy:

http://www.washingtonpost.com/wp-dyn/content/article/2008/10/13/AR2008101302361.html

 Markets Surge to Biggest One-Day Gain Since Great Depression

Associated Press
Tuesday, October 14, 2008

NEW YORK, Oct. 13 -- Wall Street shrugged off its worst week ever and staged the biggest single-day rally since the Great Depression, catapulting the Dow Jones industrial average to a record 936-point gain and offering relief from eight consecutive days of heavy losses. U.S. stock market paper gains totaled $1.2 trillion Monday, according to the Dow Jones Wilshire 5000 composite index, which represents nearly all stocks traded in the United States.


http://www.poliwogs.com/19729161-Havent-We-Been-to-This-Show-Before-Dan-AlpertWestwood.pdf

“There were fairly distinct indications, in last week’s stock market, that even professional Wall Street is getting back to a mood in which it will look at things as they are, and not necessarily as they would like them to be. Not much more than a month ago it was in that [latter] frame of mind; examining with great care actual returns of production, trade and employment and trying to discover, from these tangible facts, when the real turn for the better was likely to come. But the restless “professional” wearied of that. He may have seriously thought that cheap money in Wall
Street would at once and automatically revive a business boom, irrespective of all other influences. He may actually have believed the stock market to be an independent industry not concerned with
trade vicissitudes. Possibly, although not in himself the least deluded on either supposition, he may have imagined that the outside public would not have sense enough to see the fallacy. At any rate, a bold pretense was put up of retuning to [the bubble’s] speculation.”

-- The New York Times – Opening paragraph of Financial Markets: A Changing Mood In Wall Street – Stocks and the Problems of Trade, April 21, 1930, four days after the DJIA hit the peak of the recovery
rally about six months after the great crash of 1929…a level it was not to see again for nearly a quarter century (full article appended to this report).

http://www.businessinsider.com/henr...1930-market-recovering-faster-than-expected-1
 
good article in your link. Shoulda given Barry a vaccination from the "Culture of Washington" before he jumped in the ring.
I hope he takes off the gloves and stops trying to be the big "reconciler" -ain't gonna happen this round.


Boghie said:
A funny quote - that might not be so funny...
After all, health care reform and the prospects of much higher taxes and more regulations are causing U.S. businesses to rush out and hire everyone they can before all the able-bodied are gone.​
Peter Morici


Birch,

I try to let the market decide. Three to five days of trend. But it might just be time to sit out the next thee years:p
Click to expand...
 
Do you service guys still get paid once per month? I was an army brat and remember going to the commissary for groceries with my dad once a month. We never did go hungry but we sure ate a lot of stuff we didn't like the last week before payday.:D
 
Scout333 said:
Do you service guys still get paid once per month? I was an army brat and remember going to the commissary for groceries with my dad once a month. We never did go hungry but we sure ate a lot of stuff we didn't like the last week before payday.:D
Click to expand...

Unless things changed after I got out in 1974 I was paid on the 15th and last day of the month.
 
We get paid twice a month, but the TSP money drops in at the beginning of the month.
 
"While this in no time for complacency, it is probably not the time to lose your nerve. In Summary, we are still bullish, but worried. The key benchmarks we watch - the U.S. dollar, U.S. Treasuries, corporate bonds spreads and domestic price inflation - continue to flash green. Liquidity continues to improve. The economic recovery is on track and profits should remain strong. It continues to be a positive environment for stocks and corporate bond spreads."

http://pragcap.com/enough-blood-in-the-streets
 
Next week? Will there be a next week? I'm just fortunate that I haven't had to meet a margin call yet - so I can only see ahead one day at a time with my current situation. Otherwise, I'm still in the correction bullish camp trying to hold my discipline and not cut and run. I need two good days to catch my breadth and then I can relax. I may do a little selective selling to raise cash to do some selective buying now that I'm bleeding - why waste a crisis with these golden prices.
 
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