Birchtree's Account Talk

[nada]

congrats for having the guts to play the sucker game!

 

[burrocrat]

I will go down some.

cool, give me a call sometime.

 

[pokerstar629]

cool, give me a call sometime.

I saw that one cuming from a mile away ;P

 

[burrocrat]

I saw that one cuming from a mile away ;P

winner winner chicken dinner,

prescient you are, gwasshoppa, nice ;P by the way, you got a kind chin there, kinda chin i'd like ta...

deez nutz.

those are totally different than wall nuts, or even chest nuts, by the way.

 

[FAB1]

Alright children, behave -

 

[Birchtree]

This topic is what Obama really needs to talk about to improve education in this country. A few comments from Walter Williams. "Even in the antebellum era, when slaves often weren't permitted to wed, most black children lived with a biological mother and father. During Reconstruction and up until the 1940s, 75% to 85% of black children lived in two-parent families. Today, more than 70% of black children are born to single women. The welfare state has done to black Americans what slavery couldn't do, what Jim Crow couldn't do, what the harshest racism couldn't do. Mr. Williams says - and that is to destroy the black family." And the illegitimates are destroying our educational system and filling our prisons. Progressive, social engineering is not working.

 

[Birchtree]

Today turned out to be a rather decent day - Birinyi was on discussing his thoughts on the mega trend secular bull market. At 90% gains, this market has run further and faster than any previous rally. In just 20 months it has far outpaced every other rally's 24 month record by some 50%. This rally could continue another 32 months - I should be wealthy by then. Saut says; "Since 1940 there has never been more than one 10% (or more) correction in an ongoing bull market." We had our 16% correction last April '10 and shouldn't see another of that depth. Stay on the tracks because the best is yet to arrive. The NYSE is still putting in new all time highs.

 

[Steadygain]

Steady, I'm glad you will be able to be with her and them, for the time she has left. Huge changes ahead. will be thinking of you, prayers go with.

Alevie, It was 'wonderful' - the week I had. She may not pass for another month but all is good and I know they will keep her as comfortable as possible. It actually a wonderful blessing knowing she has no clue she's at the end -- but all is good.

The 'huge changes' are so much bigger than you realize. With her death comes the end of a huge empire. She outlived so many others and has held 'The Throne' for many years.

Now it's strange -- cause yesterday we were just kids without a care and never had the slightest hint of responsibility or would even want some kind of status -- so it's like 'who can take the reign'?

Well THANK YOU !! It's truely a celebration of LIFE.

steady
my best to you and your family. i just lost my pops Dec. 2009. It is not easy, but once I realized that death is a part of life and we will all get there eventually. that made it easier for me to accept the fact that I'm losing someone very dear to me,but its how you lose that person is what counts.

Man -- that's beautiful !! AMEN Brother.

Remember to HONOR their wishes regardless of what YOU might think is best for them.

That is totally the way I do live. Makes my life wonderful.

My Pops needed physical therapy upon release from the hospital with terminal cancer. But he told mew "son i want to go home". he did and passed 3 days later at the house with his dignity and wishes silently in the morning. I miss and love him.

again best to you and the family.
john

John, I can't thank you enough for this. Everything you share is so in tune with the Truth. We are all passing through and 'Home' is not here.

My best to you as well.

Steady, sorry to hear the news. Stay strong within yourself. May the Force be with you. You will be in out thoughts and prayers.

Thanks Nasa -- and I had to push one 'friend' out to squeeze you in.

 

[Steadygain]

Today turned out to be a rather decent day - Birinyi was on discussing his thoughts on the mega trend secular bull market. At 90% gains, this market has run further and faster than any previous rally. In just 20 months it has far outpaced every other rally's 24 month record by some 50%. This rally could continue another 32 months - I should be wealthy by then. Saut says; "Since 1940 there has never been more than one 10% (or more) correction in an ongoing bull market." We had our 16% correction last April '10 and shouldn't see another of that depth. Stay on the tracks because the best is yet to arrive. The NYSE is still putting in new all time highs.

I'd say it should easily go another 32 months.

11,000 can't be overlooked - although to the overwhelming majority it probably doesn't mean a thing.

Still - when you consider it -- we are still doing very well and far more poised for UPTREND ACTIVITY than anything else.

Good things continue to take place and these are NOT fly by the night stuff; but very solid pieces consistency showing good growth and sustainable optimism.

Companies have tons of cash and hiring is going UP - sells are perking and things are going exactly as planned.

I'm IN for one reason -- cause I'd be like crazy to not be.

 

[Birchtree]

"I still don't understand how the U.S. could have massive numbers of unused labor and industrial capacity yet still have peak profit margins. This has never happened before. Be prepared for a strong market and continued outperformance of everything risky."

http://pragcap.com/pavlovs-bulls

 

[Steadygain]

"I still don't understand how the U.S. could have massive numbers of unused labor and industrial capacity yet still have peak profit margins. This has never happened before. Be prepared for a strong market and continued outperformance of everything risky."

http://pragcap.com/pavlovs-bulls

Hmmm that sounds rather BULLISH



Well goodnight all

 

[Birchtree]

" Firstly, whatever the stock market does over the next few weeks, corrects or trends higher, one thing that continues to be reinforced by the price action is that bears are going to suffer a lot more pain during 2011 because this bull market is far from over."

http://www.marketoracle.co.uk/Article25805.html

"The difference between a bull market and a bear market is action such as you saw today."

http://www.marketoracle.co.uk/Article25836.html

 

[Birchtree]

I'm looking for more buyouts and I hope I happen to own a few of those companies. With so much corporate cash building up these companies are better off buying a company as a strategic acquisition. And don't forget that stocks are still generally undervalued relative to bonds on a scale not seen in 30 years. And the last time this happened, in early 1980, it represented one of the stock market's greatest buying opportunities and ushered in a 20 year bull market for equities - and I was there. Ready to take another bullish ride on the Grand Trunk.

 

[Dutchy]

" Firstly, whatever the stock market does over the next few weeks, corrects or trends higher, one thing that continues to be reinforced by the price action is that bears are going to suffer a lot more pain during 2011 because this bull market is far from over."

http://www.marketoracle.co.uk/Article25805.html

"The difference between a bull market and a bear market is action such as you saw today."

http://www.marketoracle.co.uk/Article25836.html

Can't argue with you there.... Today's Market's action was amazing!

 

[FAB1]

Can't argue with you there.... Today's Market's action was amazing!

Action mebee. But what about the gains? - 0.05 was Yahoos reading on the C fund today.

 

[Birchtree]

Can you smell what the Birch is cookin? I can smell the pungent odor of sweet superlative bull manure - light it up and you'll create a buying panic melt up. I think we'll close up on the day about +87 Dow points. I'm reminded that greed drives out fear in the bulls and I'm so darn greedy these days.

 

[FAB1]

Can you smell what the Birch is cookin?

Birch since I started here I always knew you were cooking up some kind of B.S.

 

[FAB1]

oops double post.

 

[Birchtree]

My investment adviser, Mindylou, just handed me her latest buy list with 37 stocks that need purchasing. I'm only $19K away from building new buying power so I'll likely be busy next week or I may start Friday. Once we hit past SPX of 1300 we'll likely spike to 1400 in a hurry and then we'll rest for a sideways pause for a few weeks.

 

[Birchtree]

My oceanic account got plowed under to the tune of $112K last week but the comeback has started. In the last three trading days I've regained $101K so I only need $11K in the next two trading days to be back even. I suspect I'll do better than that however. Once I get past the next $19K I'll be building buying power - I have so many wall flowers that desire my attention. Today was a nice come back for the small caps which really helped my position: this is what the week looks like so far, +37K, +10K, +54K. Staying fully invested is the right approach even if we are at exceptional bullish sentiment readings. Sometimes the dumb money is right. Although I have no illusions as I tread through the valley of the highest weekly RSIs since last April and 2007. Pain is my destiny. Cramer is saying today felt like new money coming into the market - I'll take another one just like today if your please.