Birchtree's Account Talk

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Re: Birchtree's account talk

Birchtree said:
I just purchased another 12 stocks for my portfolio - that makes a total of 354 during this bottom process. I just can't seem to give up those golden prices because I keep thinking about the glorious future. If this rally will hold up this afternoon I may go back into the market and purchase a few more turkeys for the fold. I cannot be bearish at a moment like this even though there may be more pain in my future. I've noticed that there are several bullish divergent structures permeating technical analysis. I'm a buyer and building my base for the future. The fundamentals of the world aren't changing as fast as these prices are.
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Birch,

As long as you hold onto your potential wall flowers(we all know you will), you will make a ton of cash. The question is how long will this market take to recover to the Oct 08 highs. My thinking is Spring 2010! That gives you another 15 months or so to accumulate wall flowers at discount price.:D
 
Re: Birchtree's account talk

Jeff,

I'll be buying every month with my dividend reinvestments - the risk is that the market rebounds in as nearly a dramatic fashion as it fell. I'm prepared to keep what ever fate delivers - because I've built good positions in the portfolio to prosper when the next bull move comes. Liquidity is building rapidly along with falling interest rates and all that money will eventually come into the market. Money will seek the potential for gains and with the Dow already down 6,000 points I can smell the superlative bull manure wafting throughout the board.
 
Re: Birchtree's account talk

Ah, the turkey shoot continues; just bought another 10 stocks for a total of 364 around this bottom. The question is how much longer can I continue this madness - a lot longer. If necessary I can always sell a position and recirculate that cash which is what I did around the July 10th bottom. Friday is another day for stock shopping and I'll do my best.
 
Re: Birchtree's account talk

Birchtree said:
Ah, the turkey shoot continues; just bought another 10 stocks for a total of 364 around this bottom. The question is how much longer can I continue this madness?

- a lot longer.

No Birch - and that's what drove you to ask this question; you need help my friend and you need it bad.

Birch you have to stop this nonsence - you're driving everyone batty. Just look at your wife's fingernails. All of us are on edge wondering when you're going to snap.

Take it easy Birch - take a drive out to a large body of water and watch the sunset as it goes down. Then breath in silk and blow out bubbles. Find that inner strength and just make up your mind; "I'm going to give this stuff a break".

NOW IS THE TIME TO SAY "HEY IT'S COOL :cool: I AM COOL AND EVERYTHING IS COOL :cool: SO LET'S JUST CHILL AND FORGET THE MARKET STUFF" ;)

If necessary I can always sell a position and recirculate that cash which is what I did around the July 10th bottom.

It's not necessary - it's more necessary to show us hey look at me I can just chill and let it go.

Friday is another day for stock shopping and I'll do my best.
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Friday is the day to ultimately say "Screw this stuff it's time to just soak in what I have and let things ride. So on Friday just come by to say hi to everyone - you know I'm cool and I'm chillin"

NOW THAT WOULD GET A LOT OF ATTENTION

Love ya Birch - have a good one.
 
Re: Birchtree's account talk

The advance/decline line is the ultimate technical tool as it measures - here and now - what people are actually doing with their money and they are starting to buy stocks again. I always do my best work at the bottom of the well and this opportunity is a once in a lifetime event at these prices. I have 34 more wanton wall flowers that are in need of my attention - after they are tucked in I can relax and begin to chase the upward momentum. I know I'm going to nail a $200K week if we rally any this Friday. No, now is not the time to be complacent but I must remain vigilent on the cutting edge - like I'm standing in a spider hole out side the wire - listening and waiting....
 
Re: Birchtree's account talk

Gosh, the market goes up only 247 points but I pulled down a $88K day - must have been due to my small caps. It does seem criminal doesn't it. I'm now up $241K in three days and we still got 6,000 points to go. Friday will probably give us another 200 point day. In all cases the market has rebounded in as nearly a dramatic fashion as it fell. And my truck is not fully loaded yet - there is more room to chase the momentum. I might even start to improve my standing on the auto-tracker ya think. The rapid unwinding and capricious daily selling in the markets have left many stocks selling for less than what they could fetch if the entire company were sold off. Barton Biggs sees the mother of all bear market rallies coming.
 
Re: Birchtree's account talk

Everyone has their individual reasons to be thankful on a day like today. Allow me; my daughter (Captain Buzz) has flown in from Hawaii to spend time with her new love in Chicago. They met in Iraq and he is a stud muffin from Manassas, Virginia and attended VMI majoring in International Relations or something like that. He has finished his military obligations and has taken a job working for Walmart as an entry level manager - that's right Walmart. Their new CEO just moved over from the International Division. Walmart has a push on to expand their overseas businesses mostly in the BRIC countries. Can you see where I'm going with this. When I mentioned to Buzz the great opportunities that might be available overseas she exclaimed how will I get a job. Well we all know fathers know best. I reminded her that she was starting her MBA program with the University of Florida in February and would be finished when stud muffin was trained up. She has a BS in chemical engineering and with a MBA would have no trouble getting a foreign job. She wouldn't even have to use the rear entrance. I'm sure they will both find success. I'm also grateful for my inhouse banker, who is my wife. She has allowed me to survive and prosper on this nasty bottom.
 
Re: Birchtree's account talk

Birch, have a great day with your family and congrats on your profits.:D I hope tomorrow is another great day for you.
 
Re: Birchtree's account talk

Birchtree said:
Everyone has their individual reasons to be thankful on a day like today. Allow me; my daughter (Captain Buzz) has flown in from Hawaii to spend time with her new love in Chicago. They met in Iraq and he is a stud muffin from Manassas, Virginia and attended VMI majoring in International Relations or something like that. He has finished his military obligations and has taken a job working for Walmart as an entry level manager - that's right Walmart. Their new CEO just moved over from the International Division. Walmart has a push on to expand their overseas businesses mostly in the BRIC countries. Can you see where I'm going with this. When I mentioned to Buzz the great opportunities that might be available overseas she exclaimed how will I get a job. Well we all know fathers know best. I reminded her that she was starting her MBA program with the University of Florida in February and would be finished when stud muffin was trained up. She has a BS in chemical engineering and with a MBA would have no trouble getting a foreign job. She wouldn't even have to use the rear entrance. I'm sure they will both find success. I'm also grateful for my inhouse banker, who is my wife. She has allowed me to survive and prosper on this nasty bottom.
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Birch,
Reading this means as much to me as the dinner we just had with the extended family. That Iraq brought them together is good enough for me. Mission accomplished - now we can all move on.

As for the Market stuff, my friend and brother, you know there is no way the volitility is ending anytime soon. I honestly hope you don't expect things to keep springing forward in the near future but what good days you have I AM HAPPY FOR YOU.

The more important things are the wonderful influence you've shown to that lovely lady who now has such a solid grounding and the best part of her life to look forward to. You're right Birch A REAL FATHER is mightly hard to beat and they do know best because what they do is for strongest stability and long term strategy.

Happy Thanksgiving Birch
 
Re: Birchtree's account talk

Thanx Steadygain for those kind words. Is it true that insiders are more bullish now than at any time since the two weeks immediately following the Black Monday crash of October 1987? You bet. They are buying like crazy and I am too.

"Looking back at prior bubbles, when they have burst, the market has almost always overcorrected. But stock market history shows that just as today's downturn has been pathologically violent, you can expect a vicious, ferocious upswing as the massive government created liquidity waits a vent hole. The name of the game now on Wall Street is how to play the coming TARP bubble. In America, Europe, and Britain, the dividend yield is higher than short-term interest rates, a rare occurrence in the past half-century...while we believe the recession may be long and deep, we also believe that stock prices may have already discounted the worst of the economic decline."

http://emac.blogs.foxbusiness.com/2008/11/26/a-thanksgiving-stock-market-reminder
 
Re: Birchtree's account talk

I just scooped up another 8 wall flowers - that's a total of 372 around this bottom.
 
Re: Birchtree's account talk

I'm here just for a moment because I've got to go rake leaves and winterize my lawn. I did make my first ever $100K week - actually it was over $200K. I'll settle for $100K next week - I've added a few more delicate wall flowers to my buy list because there are so many that are homeless and in need of the warmth found in my portfolio - we're a large happy family. If this momentum persists I'm a buyer all the way up - and yes I usually get caught sooner or later in a back up but that's the price one pays to accumulate positions on this wonderful bottom. It's definitely a perfect time to build a base for the future - I'm already starting to lock in profits from previous purchases - well not exactly because I have yet to sell anything but things are looking better. It's a very long distance back to 14,164 but it will be fun taking the train or at least running in front of it - but it's so much easier to buy on the way up. I may even get out of my negative 40% position on the auto-tracker - ya'll best watch out because here I come.
 
Re: Birchtree's account talk

Because our winters here are usually very mild we can keep our grass green all year if we take some precautions. I'm using Sta-Green winterizer lawn fertilizer that is phosphorus free. It is susposed to promote stronger, deeper root systems that help the lawn survive winter stress. It provides for a thick, green lawn this fall and for a quicker green-up next spring. I have a camellia sasanqua (shishi-gashira) and a camellia japonica (kramer's suspreme) both in pots that I will replant in the Spring - they will flower all winter. Living in Florida has been great but I often miss my New Hampshire roots. I'm in the process of spending my North Carolina land money buying more stocks - it's an intermediate term sacrifice that I hope pays off. Now I have to read alevin's thread for my daily taste of gloom and doom. I hope it doesn't make me tighten up too much.
 
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