Birchtree's Account Talk

[Birchtree]

The hoofs are stirring up a dust cloud today for sure as the market gets stronger. I did a little more buying: GWR, GBX, TRN, HBI. Tomorrow may be a cruise day with the V8 electroglide. I wouldn't be at all surprised if the Dow takes the upside to +200.

 

[Steel_Magnolia]

;P

 

[Birchtree]

"The S&P's narrow escape from a 20% decline suggests the bull market is still alive."

http://www.marketwatch.com/story/you-cant-outguess-this-broken-market-2011-11-04

 

[Birchtree]

http://www.safehaven.com/article/23182/fridays-update

 

[rcknfrewld]

This market is so revealing. With all the turmoil in the world the market should be tanking. It's not. The anticipation of obismal's defeat is so thick, we all can see it, some can smell it. Once that domino is toppled, look out below, and gear up.

 

[Birchtree]

This was the week that was and the oceanic results were tolerable: -$141K, -$131K, +$96K, +$103K, -$8K for a devaluation of -$81K. It could have been much worse. I'm headed to read an article on fearmongering which I'll post.

 

[Warrenlm]

This market is so revealing. With all the turmoil in the world the market should be tanking. It's not. The anticipation of obismal's defeat is so thick, we all can see it, some can smell it. Once that domino is toppled, look out below, and gear up.

Replacing Obama with a Republican will cause a market drop?

 

[Warrenlm]

At least we are getting a clearer picture of why big corporations are sitting on all that cash. It's being reserved to pay Birchtree's dividends even if income suffers a decline.

 

[Birchtree]

I think he may have been using an Airborne reference. A parachute infantry kind of guy.

 

[Birchtree]

"Fearmongering ran rampant in late September, hyper-bearishness reigned supreme....fearmongering has grown into a lucrative cottage industry. If you fall under a fearmonger's sway, you are either going to sell low or fail to buy low. Both grievous errors will vastly reduce your long term success."

http://www.safehaven.com/article/23184/fearmongering

http://www.safehaven.com/article/23189/the-road-to-success

 

[Birchtree]

"High put-call readings day after day. People just hate stocks and the stock market. If you're bullish let's enjoy hearing the negativity."

http://www.marketoracle.co.uk/Article31385.html

 

[Birchtree]

"Nygren says large-cap stocks are now offering better value than smaller stocks. Given their advantages in terms of liquidity, access to global markets and stability, he says large caps should sell at a premium of about 15% to small caps; currently, they sell at about a 15% discount."

http://theguruinvestor.com/2011/11/04/nygren-on-a-once-in-a-generation-opportunity/

 

[rcknfrewld]

Replacing Obama with a Republican will cause a market drop?

Dear God no, I meant to say look out above

 

[rcknfrewld]

I meant to capitalize GOD, sorry if i offended anyone

 

[rcknfrewld]

BT...defend yourself and your croonies . How dare you continue to make money while the rest of the 99 percent flounder. That's not fair. Give me some of...why not all your money...it's my fair share you greedy bastard.

 

[cak165]

"Fearmongering ran rampant in late September, hyper-bearishness reigned supreme....fearmongering has grown into a lucrative cottage industry. If you fall under a fearmonger's sway, you are either going to sell low or fail to buy low. Both grievous errors will vastly reduce your long term success."

http://www.safehaven.com/article/23184/fearmongering

http://www.safehaven.com/article/23189/the-road-to-success

I don't know if it's fear or just the uncertainty of what those Europeans might pull out of their hats. The coast looked clear for few days until G-Pap decided they need a referendum, now Italy is reaching the boiling point, I think smart money just doesn't want to be caught unprepared. I think the put buying and the negative sentiments might not be more than longs hedging their positions and when you add that to what the bears are doing, it may look like things are skewed negatively.

 

[MrJohnRoss]

"Fearmongering ran rampant in late September, hyper-bearishness reigned supreme....fearmongering has grown into a lucrative cottage industry. If you fall under a fearmonger's sway, you are either going to sell low or fail to buy low. Both grievous errors will vastly reduce your long term success."

http://www.safehaven.com/article/23184/fearmongering

http://www.safehaven.com/article/23189/the-road-to-success

Good articles! Thanks for sharing...

 

[Birchtree]

"There are no guarantee in this business, but siding with the Big Money over the little guy is generally a winning strategy."

http://www.marketwatch.com/story/big-money-looks-bullish-2011-11-08

 

[Birchtree]

My investment adviser is my system - she recently left her mark on the stock page from the New York Times - now I'll look and see her new recommendations.

http://www.marketoracle.co.uk/Article31429.html

 

[WorkFE]

BT- QQ, I know you like buying on the way up but have you pulled back on retail for the forseeable future?