Birchtree's Account Talk

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Re: Birchtree's account talk

birchtree said:
and we've only been open for 30 minutes - the 200-day ma for the dow is at 9073 and the spx is at 963. Money will flow like bear blood when we reach those levels - the dow theory buy signal is just around the corner. With 15 billion shares hanging tough on short positions - that will provide a mighty fuel and could last for months. Snort. Rawhide.
Click to expand...

..:) - :) - :) - :)..
9073 & 963
 
Re: Birchtree's account talk

I left my bedroom window open last night for any cool air around and that darn Ferdinand spent his whole night outside my window. You can just imagine how he stunk up the house with his sweet smell of superlative manure. I'll be smelling it all day tingling my nostrils. Snort.
 
Re: Birchtree's account talk

Folks you don't get 200 point days this far into a bear market rally - this is confirmation of a new bull market. How far up and how long is the only question. It was 17 years off the 1982 bottom - the beginning of the mega trend secular bull market - and I believe it continues.
 
Re: Birchtree's account talk

You'll do fine as long as you are mentally prepared to be gored by the bull - because the horns will often hurt before the next leg - that's why the bull has four legs.
 
Re: Birchtree's account talk

My toxic waste portfolio is being sanitized today and is really ramping. If we can get SPX of 900 and hold it going into the close - tomorrow will give us 920. The VIX is sticky today waiting for the SPX to play catch up. A 30 VIX correlates with a SPX of 1100. The last hour today may be used to crush a few bears in the bull machine as we pave our way higher.
 
Re: Birchtree's account talk

I'm reminded that in June 1933, long before all the banks had failed or unemployment had peaked, the S&P rallied 105% in 6 months. The market does not turn when it sees light at the end of the tunnel. It turns when all looks black, but just a subtle shade less black than the day before. Yes, money makes the world go round, the world go round....and my world is spinning. And the big cash is still on the sidelines waiting for Godot. They should know as well as anybody that hesitation can be very expensive.
 
Re: Birchtree's account talk

Birchtree said:
My toxic waste portfolio is being sanitized today and is really ramping. If we can get SPX of 900 and hold it going into the close - tomorrow will give us 920. The VIX is sticky today waiting for the SPX to play catch up. A 30 VIX correlates with a SPX of 1100. The last hour today may be used to crush a few bears in the bull machine as we pave our way higher.
Click to expand...

Enjoy the rally while it lasts, it will eventually mean nothing because you will fail to lock in profits.
 
Re: Birchtree's account talk

I've always prided myself on control - no prejack here. I'll take a few profits at the end of the year - now I want every nickle working and when I start burning some buying power the pyramid will certainly enlarge. I'm well aware of the 1982 bull run and what happened come February that next year at the market highs - but for now I'll keep it under wraps.
 
Re: Birchtree's account talk

Birchtree said:
I've always prided myself on control - no prejack here. I'll take a few profits at the end of the year - now I want every nickle working and when I start burning some buying power the pyramid will certainly enlarge. I'm well aware of the 1982 bull run and what happened come February that next year at the market highs - but for now I'll keep it under wraps.
Click to expand...


The Bears our out of hybernation, the slumber is OVER the bulls will Pay for there insolance and pridefull disreguard for intellgent investment. if you wait to the end of the year to make a move out... it wont be much of a move.......if loss dont get ya inflation will. take the money and run.


When you ve hit the bottom of the well.....at the end of the year ..... BHO to the rescue....can you feel the rope...to help (tarp, bailout delux, stimus) is it in your hand..market up 30% ho its around your neck....(fake money,stimulis unworkable,tarp ripoff fake banks, loss of spending power uncontrolable inflation and blame for being a bad bond holder) ya few profit is what will all have and China overlords.
 
Re: Birchtree's account talk

chipdip.

I can see I'll have to give you more of my attention - keep sending the good vibes.
 
Re: Birchtree's account talk

I'm up $448K in eight weeks and one day - may give back a smidgy today. Any positive gain however will boost my rankings on the tracker by about 20 spots. The dip buyers are waiting for the ambush.
 
Re: Birchtree's account talk

Possible a V or a nice W. It's really a guesstimate at this point. Too soon to tell in my humble opinion.
 
Re: Birchtree's account talk

I have something for my new acquaintance Chipdip.

"Quite simply, the last Bear Market rally did not end until our zero based C-RSI entered positive territory. As you can see in today's chart, the current strength is not close to being at a Bull Market level."

http://safehaven.com/article-13265.htm
 
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