Birchtree's Account Talk

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European stocks set for a 6 year high. The Stoxx Europe 600 index on track for the highest close since January 2008. Sticking with my sticky pants on the I fund for now.
 
Re: Birchtree's account talk

Birchtree said:
As a matter of full disclosure I don't subscribe to any newsletters. So today the "Shark" says even the most bullish can only watch the baffling bull run in amazement. Now where have I heard that before? I'm not amazed, I'm fully expecting a lot more - maybe even something parabolic. Be right and sit tight.
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Sounds like what you are saying today. Have a great bullish day!!! Going to the sidelines while I have no access, but I thought it was interesting how similar this year is to 2007.

Thanks for all your BS ;)
 
Re: Birchtree's account talk

RealMoneyIssues said:
Sounds like what you are saying today. Have a great bullish day!!! Going to the sidelines while I have no access, but I thought it was interesting how similar this year is to 2007.

Thanks for all your BS ;)
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This is my first image post, hope it works:

Regarding the assertion that 2014 is (so far) just like 2007. Well, actually...you be the judge ("S Fund"):

2007
View attachment 27302

2014
View attachment 27303
 
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Re: Birchtree's account talk

RealMoneyIssues said:
Wrong months...
Click to expand...

OK...

You say regarding Birchtree, "Sounds like what you are saying today. Have a great bullish day!!! Going to the sidelines while I have no access, but I thought it was interesting how similar this year is to 2007."

"This year" is 2014...so far, only Jan. and Feb. are the months involved. You didn't say in your most recent post accusing me of using the "wrong" months, what the "right" months actually are, relegating me and any other interested parties to ponder...what months (if not January and February) are you referring to when you say this year reminds you of 2007?

Thanks.
 
Re: Birchtree's account talk

userque said:
OK...

You say regarding Birchtree, "Sounds like what you are saying today. Have a great bullish day!!! Going to the sidelines while I have no access, but I thought it was interesting how similar this year is to 2007."

"This year" is 2014...so far, only Jan. and Feb. are the months involved. You didn't say in your most recent post accusing me of using the "wrong" months, what the "right" months actually are, relegating me and any other interested parties to ponder...what months (if not January and February) are you referring to when you say this year reminds you of 2007?

Thanks.
Click to expand...

Wow, step on some bull manure and you get testy... did you follow the link that I quoted? Its kinda old... matter a fact, I believe it is the DAY of the last peak of 2007 before the markets took 50+% of people's money... I might have the day wrong +/- a day or so, but its close... I thought people would follow the link, see how bullish BT was (saying pretty much what he is saying now), and smile... Wasn't expecting a challenge. At this point, I am mostly in cash with a little short, so I don't care much what happens over the next few days as I MAC flight to the middle east... THEN I will care ;)

I really was trying to rib BT because of his BS (as a reminder, this is Birchtree Sentiment) over the last few days as the market rockets to new highs on bad economic data... just humorous to me :)
 
Re: Birchtree's account talk

In my opinion I believe that 2014 will be very similar to 1998 with good percent gains in all indexes approaching another 30%. If that happens, whew....
 
Re: Birchtree's account talk

RealMoneyIssues said:
Wow, step on some bull manure and you get testy... did you follow the link that I quoted? Its kinda old... matter a fact, I believe it is the DAY of the last peak of 2007 before the markets took 50+% of people's money... I might have the day wrong +/- a day or so, but its close... I thought people would follow the link, see how bullish BT was (saying pretty much what he is saying now), and smile... Wasn't expecting a challenge. At this point, I am mostly in cash with a little short, so I don't care much what happens over the next few days as I MAC flight to the middle east... THEN I will care ;)

I really was trying to rib BT because of his BS (as a reminder, this is Birchtree Sentiment) over the last few days as the market rockets to new highs on bad economic data... just humorous to me :)
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lol...not testy, just trying to understand what you are saying.

I did follow the link. Still turns out that the only months in 2014 so far are Jan. and Feb.

I also wasn't expecting a challenge. Just trying to understand what you are asserting.

If your post wasn't meant to make sense on its face...as if it was, for example, some sort of inside joke between you and Birchtree, I apologize for trying to understand what you are saying.

Regardless,
Good luck in the markets!:)
 
Re: Birchtree's account talk

userque said:
lol...not testy, just trying to understand what you are saying.

I did follow the link. Still turns out that the only months in 2014 so far are Jan. and Feb.

I also wasn't expecting a challenge. Just trying to understand what you are asserting.

If your post wasn't meant to make sense on its face...as if it was, for example, some sort of inside joke between you and Birchtree, I apologize for trying to understand what you are saying.

Regardless,
Good luck in the markets!:)
Click to expand...

No problem, as you have now learned (as many already know), none of my posts make sense :)
 
Re: Birchtree's account talk

I hear the train a comin'
It's rolling round the bend
And I ain't seen the sunshine since I don't know when,
I'm stuck in Folsom prison, and time keeps draggin' on
But that train keeps a rollin' on down to San Antone..
 
I noticed this morning that I have two stock splits of 2 for 1 coming up in March and May. They are Mueller (MLI) and Trex Co (TREX) - may I benmefit from many more. I now have 43 dividend increase announcements ytd on my way to 158. Everyone seems to be looking for a market top - taking out new highs with declining participation has historically been one of the great tells of a market top. Nowhere on the horizon as I search.
 
Birchtree said:
I noticed this morning that I have two stock splits of 2 for 1 coming up in March and May. They are Mueller (MLI) and Trex Co (TREX) - may I benmefit from many more. I now have 43 dividend increase announcements ytd on my way to 158. Everyone seems to be looking for a market top - taking out new highs with declining participation has historically been one of the great tells of a market top. Nowhere on the horizon as I search.
Click to expand...

I just don't understand all the hoopla behind stock splits. Mom and pop get all giddy, but it means absolutely nothing to me.

Now, dividend increases, that's a whole 'nother story...
 
New home sales +9.6 - busting out for sure. I'm pretty deep in the housing sector and will stay that way for the next several years.

I happen to like stock splits because they allow individual investors to buy golden prices - and I get my position doubled and I also can buy more shares. I remember a time years ago when GE split three times in one year.
 
It would appear we are trending gentley sideways into March and that is fine with my strategy. I have 105 dividends due in March and anytime I can buy golden prices I'm happy. If the rally continues to explode higher than my sacrifice is I move deep into margin power and can buy anything that is available - but I'd rather have the big bounce in April.
 
Birchtree said:
New home sales +9.6 - busting out for sure. I'm pretty deep in the housing sector and will stay that way for the next several years.

I happen to like stock splits because they allow individual investors to buy golden prices - and I get my position doubled and I also can buy more shares. I remember a time years ago when GE split three times in one year.
Click to expand...

Sorry permabull, I'm not buying your bull. Your position has not doubled. It remains the same. If you have 100 shares at $100 a share, you have a $10,000 position. After the 2:1 split, you have 200 shares at $50 a share, which means you still have a $10,000 position.

Seems to me that this may be nothing more than a psychological trick. Get enough people all excited about the split, so they jump in after the split ($50 a share), thinking it's gonna go back up to pre-split levels ($100 a share). So perhaps you're right, the market is basically the collective conscious of all the investors and traders world wide. If you get enough people to believe the stock is gonna go back up (think mom and pop), perhaps you have a self-fulfilling prophecy. However, the company better back up the share price increase with increasing profits, otherwise you'll be dealing with "selling to a bigger fool" theory, IMHO.
 
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