Birchtree's Account Talk

Re: Birchtree's account talk

The VIX had a nice adjustment today closing at 27.10 down 1.80. Seems a bit heavy for a 8.49 gain on the SPX. Could be a harbinger setting up for a good day tomorrow. I wouldn't want to be in the F fund, that play is over for now. We are still a liquidity driven market and the cash will flow - the TICK is flowing cash at all time highs again.
 
Re: Birchtree's account talk

The VIX had a nice adjustment today closing at 27.10 down 1.80. Seems a bit heavy for a 8.49 gain on the SPX. Could be a harbinger setting up for a good day tomorrow. I wouldn't want to be in the F fund, that play is over for now. We are still a liquidity driven market and the cash will flow - the TICK is flowing cash at all time highs again.

Birch,

Don't be so heavy on my 'F Fund' holdings - man... :p
I worked hard to migrate to a fund that loses money... :sick:

Only the ‘G Fund’ is (G)uaranteed to put someone on the Alpo Meal Plan after forty years of retirement savings!!! Most (all) of my ‘F Fund’ and ‘G Fund’ holdings will migrate as soon as my fat fingers (and conflicted brain) click the right buttons…

Looks like your ‘S Fund’ increase will pay dividends!!!
 
Re: Birchtree's account talk

Well it looks like I am back on the comeback trail - that's not the same as brokeback. The oceanic took in $27K today and that leaves me off $71K for the week so far. Maybe Sugar will give me another taste of her sweetness and I'll have a good day tomorrow and make some more progress. It was materials and retail that helped today. I did see somewhere that productivity was up 6.6% in 2Q, the most in six years. Perhaps Sugar will clarify when she has more free time.
 
Sugar Baby... Baa, Baaaaa...

Sugar is checking up on your reference to 'brokeback'.

Even I know you are referencing the movie. You really should footnote everything. I've also heard earlier references to 'comeback trail'. Please Birch - at least reference 'Blazing Saddles' or whatever.

It really is very important.
 
Re: Birchtree's account talk

WOW! You two lovebirds are having fun chatting in up in your PM's. Don't forget the Hearts when you sign off to each other. And as for tomorrow....it will be the biggest loser of the week. Baaghie! Hurry! Birch needs you to hold him. BAAAAAghie!
 
Re: Birchtree's account talk

Boghie,

Thanx for the tender moments. Sugar has affection that is unrequited so now you understand why she likes to strap on her gunslinger belt. I'll be your huckelberry.
 
Re: Birchtree's account talk

"All of the other technical indicators are much the same. Their ability to describe stock's normal movements is of limited use during the height of bull and bear markets. Keep this in mind if the indexes shift significantly in either direction."

http://www.cnbc.com/id/32659023/
 
Re: Birchtree's account talk

Mindylou is insistent that we start doing our homework in an effort to have another shopping list ready once the market finishes this obligatory consolidation. The NYSE breadth MCSUM is still preventing any kind of trend from developing to the downside as far as price is concerned. I'm thinking that money will flow out of gold as fast as it recently went in - all technicals. I don't believe inflation is going to be a problem for a couple of years.
 
I Hear Gollum, I see Shelob - What to do

Muggle (my cat) and Shelob are Gollum talking me to hold pat...

When Shelob Gollums whispers sweet 'F Fund' in my ear, I must listen.

Hearts and Tea Bags to Shelob :p
 
Re: Birchtree's account talk

The growing number of bears around town makes me more comfortable with my bullish outlook as a renegade contrarian. I think there are bears being trapped today in their short hair positions. The 200 month line is at SPX 1015.58. Falling below that level would suggest a drop to about 990. We had it and now up we go. All those silly insiders that sold their stock in August are going to have regrets.
 
Re: Birchtree's account talk

Still in and floating along...looking at 1060ish sometime next week. Think the S&P will see resistance there or crash right through???
 
Re: Birchtree's account talk

The growing number of bears around town makes me more comfortable with my bullish outlook as a renegade contrarian. I think there are bears being trapped today in their short hair positions. The 200 month line is at SPX 1015.58. Falling below that level would suggest a drop to about 990. We had it and now up we go. All those silly insiders that sold their stock in August are going to have regrets.

Anything above 1060 is going to be tough. I'm still working on an exit plan, though the 1050-1060 area is tempting. I remember bouncing between 900-950 for sometime. I'm hoping history repeats, though the timing needs to slow down a bit, especially since I'm down to one move for September. Boy do I miss the old unrestricted days!

Happy at 14% and growing!:D
 
Re: Birchtree's account talk

If we take out SPX at 1044 which is a 57% increase from the March low with higher volume there is little resistance for the S&P all the way into the 1200s. The 50% fibonacci is at 1123.89 and the 61.8% is at 1232.51 - that's where symmetry says we are headed. I'm staying long and holding strong.
 
Re: Birchtree's account talk

If we take out SPX at 1044 which is a 57% increase from the March low with higher volume there is little resistance for the S&P all the way into the 1200s. The 50% fibonacci is at 1123.89 and the 61.8% is at 1232.51 - that's where symmetry says we are headed. I'm staying long and holding strong.

I know 1060 is a little wishful on my part but if we can get some momentum at the beginning of the week (post holiday) I would love to see it happen. In reality, if we get to the 1044 point, I'll have to evaluate my positions in TSP and in personal investments. We (most of us) have done good and I don't want to overstep my shorts...people tend to fall on their faces when that happens.

Have a great, and long, weekend everyone!:D
 
Re: Birchtree's account talk

If BHO announces on Wednesday that he is going to pull back on his health care nonsense, this market could literally explode with large volume to the upside. It's not a move I want to miss out on. Snort. I still remember a few 70 point SPX moves from the past.
 
Re: Birchtree's account talk

Here we go - the last fifteen should be hot. I'll take a 120 point close - thanx.
 
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