Birchtree's Account Talk

[PessOptimist]

It was the name of a car too.

 

[RealMoneyIssues]

 

[Birchtree]

Thanks RMI that was beautiful - made my evening.

 

[Birchtree]

"Trying to 'see' very meaningful change prior to that change becoming a mainstream perception is something almost akin to the Holy Grail in investment management."

Mind Over Matter? | Brian Pretti CFA | FINANCIAL SENSE

 

[Birchtree]

The Nikkei is busting cookies this evening - up +364. A harbinger for good jobs on the way.

 

[JimmyJoe]

"Trying to 'see' very meaningful change prior to that change becoming a mainstream perception is something almost akin to the Holy Grail in investment management."

Mind Over Matter? | Brian Pretti CFA | FINANCIAL SENSE

Thanks for providing this article. Good to have you to refer to as we invest.

 

[Birchtree]

Richard Russel has been saying that when the Dow goes above 13,596 and the DJTA goes above 5215 we'll have a Dow Theory buy signal. The trend of strength may just be getting started. It's time to go rescue a few wall flowers because I like to chase the bull.

 

[Birchtree]

A few nibbles before they get away: BTU, JCI, LPX.

 

[Birchtree]

The VIX is now at 14.01 -0.55 - a solid sign that buyers will show up later today and push the clouds away.

 

[Birchtree]

VIX now at 13.66 -0.90 and heading for a 26 year drop in percentage terms. If you can't be persuaded to invest in stocks during a period of continued zero interest rates, continued low inflation, record corporate profits, pristine balance sheets, and cheap valuations, then simply sit at the train station. We are experiencing one of the most disrespected bull markets in history and it certainly stinks to most - but for me as a renegade contrarian I appreciate the sweet smell of superlative bull manure as it wafts over this board.

 

[NiteFlyer]

I did an IFT today but it was from S to I because I think I has more potential and there may be a short sell off of S funds before it continues to climb. I just couldn't see moving to G or F with all the potential for more running with the bulls. My 2nd move will likely be back to the S later this month. I really don't want to move to G before late February.

 

[jpcavin]

Hey old timer.....
What's your exit price for the "I" Fund?

 

[Birchtree]

To answer your question - I wish I knew. Once the trade gets even more crowded then I'll flip from 20C/80I to 80C/20I. But for now I'm satisfied to watch the yen and the euro race for export business which is why I got into the I fund initially. Hey, it's good to hear from you - you're no longer a novice.

 

[jpcavin]

you're no longer a novice.

:laugh: Oh my goodness! If you only knew! I just think luck is on my side. And of course, the BT motivational speeches help out as well.

 

[Birchtree]

I believe we now have a five year high on the SPX. My oceanic did fine for the first three trading days of January: +$121K, +$16K, +$52K for a sweet gain of +$189K. The month could continue with the rush of hooves. I think it may be a propitious time to buy some (RRTS) Road Runner Transportation Services and see where it goes.

 

[ILoveTDs]

If you can't be persuaded to invest in stocks during a period of continued zero interest rates, continued low inflation, record corporate profits, pristine balance sheets, and cheap valuations, then simply sit at the train station. We are experiencing one of the most disrespected bull markets in history and it certainly stinks to most - but for me as a renegade contrarian I appreciate the sweet smell of superlative bull manure as it wafts over this board.

This board just wouldn't be the same without you BT. I hope your NY Resolution is to not get banned as often this year. :cheesy:

 

[Birchtree]

"To summarize, the ten-year trading range of the S&P 500 index suggests that a major price top should be arriving sometime in the first half of 2013."

Four-Year Cycle Low Will Be Late | Carl Swenlin | FINANCIAL SENSE

Technician Charles Nenner: Stock market cycle up into February; short term buy signal.

 

[Birchtree]

Jimmy Little Cricketts can you imagine: "The weekly MACD for the S&P 500 is on the verge of giving a buy signal since last summer and if it occurs it likely means we will be treated to a multi-week to multi-month rally in stocks ahead." 1474 will fall with a throw over and the intermediate bull run will ramp up with gusto. Like they say at Ruby Tuesday - it's all good here.

 

[JTH]

Jimmy Little Cricketts can you imagine: "The weekly MACD for the S&P 500 is on the verge of giving a buy signal since last summer and if it occurs it likely means we will be treated to a multi-week to multi-month rally in stocks ahead." 1474 will fall with a throw over and the intermediate bull run will ramp up with gusto. Like they say at Ruby Tuesday - it's all good here.

Problem is each MACD wave is smaller than the previous...momentum is waning

View attachment 21787

 

[burrocrat]

Problem is each MACD wave is smaller than the previous...momentum is waning

View attachment 21787

i don't get the candlestick one, just noise. but the wave one on the bottom reminds me of skipping stones, and it's already bounced four times. i know where that leads.