Birchtree's Account Talk

[weatherweenie]

Re: Birchtree's account talk

By the way,
Here's a tip...I don't believe it's insider. I met the contractor who is building the Warehouses and outlet stores for Croc footwear. He says he can't believe how fast the company is growing and he's going gang buster's trying to open stores as fast as he can. CROX-Nasdaq.
I'm house poor here in San Diego, otherwise I would put my money where my mouth is...

I know someone that works for Crocs. She says they are INCREDIBLY busy.

Hate to say it, but I thought Crocs were a fad. Now they are getting licensing agreements all over the place. Disney, NASCAR, colleges, etc.

 

[Birchtree]

Re: Birchtree's account talk

Cramer likes trains - I like trains and their suppliers. Investor optimism fell for the third month in a row in April, continuing a downward slide since the beginning of 2007. Looks like Techy is not lonesome. The index has fallen 31 points over the past three months and now stands at 74, according to the UBS/Gallup Index of Investor Optimism. The index is now at its lowest level since September 2006 when it also stood at 74. The Index is conducted monthly and had a baseline score of 124 when it was established in October 1996. Best to fade the pervasive pessimism of the herd, IMHO. Snort.

 

[Birchtree]

Re: Birchtree's account talk

We have a crossover on the NYMO full stochastic (NYSE McClellan Oscillator Index) full speed ahead. We could easily see a new breadth thrust this week to over 80 on the NYSE breadth MCO which would exceed the July'06 thrust. 13007 on the Dow opening.

 

[Birchtree]

Re: Birchtree's account talk

The old bull just broke the $100K for April yesterday - is that all there is? Not hardly. The Dow volume MCSUM just gave a new upside price objective of around 14,300. Mid May should complete the 5 wave structure from the 9 month lows. Be right and sit tight. I'll be in all summer - will probably start taking off some profit to reinvest in other stocks. Just keep the subprimers away as long as possible - bears should shed some red later today - watch where you step. And I almost forgot - Snort.

 

[fabijo]

Re: Birchtree's account talk

Mid May? I am always so impatient. I always want the melt up now! :nuts:
But I guess it's good that it takes long so that I can try to keep buying shares before the melt up.

 

[Birchtree]

Re: Birchtree's account talk

Great pin action with a larger number of new stock highs. I'm not even going to questimate my $K number today - but it's going to be sweet. Alright, all chickadees out of the water back to the Lilly Pad. Save yourselves. Listen to your negative moderators. Snort.

 

[Birchtree]

Re: Birchtree's account talk

My long time mantra: What's easy to do is almost always the wrong thing to do. And what's hard to do is almost always what makes you money. The hardest thing for me to do has always been to take some profits. Because everytime I sell something it keeps going up, nonetheless I'm resigned to peel off a few dollars this week in preparation for adding to some of my newer wall flowers. I just have to decide which beauty goes.

 

[Birchtree]

Re: Birchtree's account talk

I really wouldn't mind giving back my $0.16 gain in the C fund from yesterday - I'd prefer a cheaper price for my DCA this week and then catch the gains from next week. The price of $17.00 will come soon enough.

 

[weatherweenie]

Re: Birchtree's account talk

I really wouldn't mind giving back my $0.16 gain in the C fund from yesterday - I'd prefer a cheaper price for my DCA this week and then catch the gains from next week. The price of $17.00 will come soon enough.

Wasn't your DCA on Tuesday?

 

[Birchtree]

Re: Birchtree's account talk

No, my DCA will be Friday. Every organization has different dates - not to over load the systems I guess.

 

[Birchtree]

Re: Birchtree's account talk

There are 351 users on line - the word is definitely out. What significance will this have if we look at things in a micro economic way - money will start to flow and the next 1000 points will come quickly. It's all about supply and demand and so far supply has been diminishing and demand may start to kick in big time. Get this minor profit taking out of the way and up we go - volume is now leading breadth and breadth usually leads price.

 

[tsptalk]

Re: Birchtree's account talk

You're reading too much into the increase of members online. As I said earlier, I made a change to increase the allowed inactive period from 15 minutes to 1 hour at a member's request. People are not being automatically logged off as quickly.

 

[Birchtree]

Re: Birchtree's account talk

You're so modest - I still think it's significant. They must be reading which shows interest in what is happening. They know the smell of superlative bull manure means a bull market is happening. However, it is too soon for the epicenter of Elliott Wave Primary 3 of Cycle wave 3 or is it. I'm not prepared.

 

[Birchtree]

Re: Birchtree's account talk

The A/D line is a little week today - another pause to refresh on the run. Potential melt ups are emotionally based, get me in at any price. During the epicenter breadth of market should explode and maintain high plurality the closer we get to the actual center point of three. The trend has been undeniable - a great lesson in what a third wave looks and feels like.

 

[Birchtree]

Re: Birchtree's account talk

"Overseas profit growth lagged the domestic upturn in recent years, but is now a source of strength".

http://www.bankcreditanalyst.com

 

[Birchtree]

Re: Birchtree's account talk

We knew housing was bad so a 17% decline knocks off a full 1% from GDP. Otherwise we would be looking at a GDP of 2.3%. Consumer spending was up and cap ex spending is starting to ramp up. For those not familiar with Elliott labeling, the "Primary" label is that of many years to decades. Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria. And remember it is far easier to make money in a secular than cyclical bull market. Still got my eyes focused on Dow 14,500 by the end of the year. Take another little piece of my heart why don't ya baby.

 

[Birchtree]

Re: Birchtree's account talk

The ability to step back and use the market to achieve one's goals, rather than trying to follow and beat the market's every move, is key to long-term success in investing - at least according to Ferdinand. If this move continues to be close to the epicenter of wave 3 of 3 up right now, we will take out the 2003 MCSUM high of +1600 - you can count on it. Significant price tops (followed by declines exceeding 10%) do not coincide with NYSE A/D line new highs. The move to new all-time highs on the ratio-adjusted (RA) NYAD changed the Dow count from being that of Intermediate wave 3 of Primary wave 5 to Intermediate wave 3 to Primary wave 3 to the upside. This set of circumstances only come along once in a lifetime and I'm set to make some serious money. Also please remember that the VIX rose during the market advance of 1996 to 1998. One more comment and I'll kick back. The market will do everything, and I do mean everything, to keep the majority from participating, bull markets do not like company, only at the top. It's not people selling that make prices move lower - it's prices moving lower that make people sell. Snort.

 

[Birchtree]

Re: Birchtree's account talk

A pm from a member wanted to know my definition of making serious money. So far in April with two more trading days to go the oceanic has taken down $122K. Now the acomplir of serious money would be to do it every month until I panic. Yes, I'm toast at Dow 17,000.

 

[IllinifanMichael]

Re: Birchtree's account talk

We knew housing was bad so a 17% decline knocks off a full 1% from GDP. Otherwise we would be looking at a GDP of 2.3%. Consumer spending was up and cap ex spending is starting to ramp up. For those not familiar with Elliott labeling, the "Primary" label is that of many years to decades. Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria. And remember it is far easier to make money in a secular than cyclical bull market. Still got my eyes focused on Dow 14,500 by the end of the year. Take another little piece of my heart why don't ya baby.

I thought I heard on TV (CNBC) yesterday that housing was up, but not AS UP as expected??? Did I hear it wrong?

 

[IllinifanMichael]

Re: Birchtree's account talk

And remember it is far easier to make money in a secular than cyclical bull market. Still got my eyes focused on Dow 14,500 by the end of the year. Take another little piece of my heart why don't ya baby.

I am thinking 14K by October... :nuts: