Birchtree's Account Talk

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I'm still planning on pulling back some but am just taking my time - I've actually been waiting on the VIX to drop into the 18 level which may happen any day now. Then I'll shift some I fund to the G fund. I like the way the NYSE is acting and any shifting will be emotionally difficult and that's just how it should be.
 
Birchtree said:
"Why a double-dip recession is extremely unlikely."

www.scottgrannis.blogspot.com/
Click to expand...

I never had that in mind -- simply a correction

BTW - this would be reminiscent of comments made last year:

Yeah well talk all the junk you want; that's why I'm in the Positive while you're Minus .87 ;):D

Don't you ever feel like 'gloating' Birch ? I sure would

Part of me wouldn't be surprized to see the Markets Soar like crazy while I and the others wait for the inevitable 'fall'
 
There was a good post today by Nnuut in Market News thread from Mary Ann Bartels. She thinks we are headed to the 200 week moving average at 1235-1240. And I believe her. This may end up being a $100K week for me providing I'm not run over by the nfp train - currently at $77K for the last three days. I may not catch the full $87K needed to break the $1M off the March bottom by week #44 - but who really cares at this point - destiny is here. The SPX level of 1120, formerly powerful resistance has become strong support. It means that a decisive decline below 1120 would signal the rally from March 2009 is likely over. When it comes to markets, what can go wrong will, and I'm waiting very patiently for the next bubble to be in equities.
 
Birchtree said:
There was a good post today by Nnuut in Market News thread from Mary Ann Bartels. She thinks we are headed to the 200 week moving average at 1235-1240. And I believe her. This may end up being a $100K week for me providing I'm not run over by the nfp train - currently at $77K for the last three days. I may not catch the full $87K needed to break the $1M off the March bottom by week #44 - but who really cares at this point - destiny is here.The SPX level of 1120, formerly powerful resistance has become strong support. It means that a decisive decline below 1120 would signal the rally from March 2009 is likely over. When it comes to markets, what can go wrong will, and I'm waiting very patiently for the next bubble to be in equities.
Click to expand...
Amazing how "your" comments are exactly the same as this guy. Full of wisdom you are.
Amazing how you had another "accident" and quoted someone word for I changed a few words.
Amazing how "oh, I just forgot to post the link or i posted that link earlier and now I'm quoting almost exactly from it"
Keep up the good act.....uh i mean work.


http://www.financialsense.com/Market/wrapup.htm

The S&P 500 rose decisively above previous resistance at 1,120 Monday, January 4th, 2010, which means there is a good chance it will rise sharply toward its 1,200 upside targets from two different Bullish patterns we have been showing for weeks, the Bullish Head & Shoulders bottom, and a Bullish Flag pattern. This means that 1,120, formerly powerful resistance has become strong support. It means that a decisive decline below 1,120 would signal the rally from March 2009 is likely over.
 
Thanks for encouraging other members to read that whole article - it was a little too bearish for me. Keep up the good work. It's fun having you back in my colon. I hope you find the information valuable to your strategy.
 
I would say nice comeback but you probably stole those words as well. I like how you rep yourself here as knowledgable when you are a total sham. Keep on stealin.....Maybe you'll make it to VP someday like your mentor Joe Biden.
 
Well it looks like the 'lovers' are having their quarrel :rolleyes:

Pull the blinds and lock the doors ;):toung:



Good night everyone
 
Steady,

Nothing worse than a woman whose love is not returned. That's called unrequited. She could simply be jealous of my memory at my age - not totally shot out.

"The objective is to have enough money in each position so when we have a great up move that we will be greatly rewarded, but at the same time, in the event of negative news we are not over committed to any one position. A delicate balance, if you will, of your investment dollars with the number of positions you own."

http://[[financialsense.com/fsu/editoriald/baker/2010/0106.html
 
ssshhh, ssshhhugar. i just had to go and say it yesterday didn't i? now i know what you mean birch, like invoking a demon.
 
http://www.businessinsider.com/pre-lehman-complacency-is-back-2010-1

"Another important element required in all sustainable bull markets is participation. The vast majority of stocks within a broad-based index has to be trending up if a multi-month or multi-year rise is going to unfold. Presently over 87% of the nearly 2000 equities on the NYSE Composite are trading above their long-term 200 day moving average. A similar pattern developed in the first year of the last bull market in 2003. This overly bullish reading highlights the investors' emphases toward growth and risk."

http://www.marketoracle.co.uk/Article16276.html
 
Some times time in the market can be more rewarding than timing the market. The market never goes straight up or diown and this volatility can provide some extra umph to a portfolio. The trick is to pre-plan and be ready to take opportunity of this volatility. With the VIX so low currently everyone and their grandma playing contrarian knows a consolidation is evident - the questions becomes when, how long and how deep. I think we have until at least March for anything of any magnitude to happen. I'll be doing a little shifting in preparation.
 
Birchtree said:
Steady,

Nothing worse than a woman whose love is not returned.
Click to expand...

Close Birch, and I'll give you at least 1/2 of 1 thumbs up for even making that observation.

The worse by far is not bringing a woman's love to its highest and most complete potiential. To do that you have to honestly bring yourself to see her as nothing less than the Greatest Life --- GOD brought into being. You have to treasure every particle of her existence far above and before anything else. You have to honor her and cherish her and dote on her and never let up in that persuit. You have to give her everything as deeply and completely as possible and somehow encounter all the hurts and disappointment of her past with the greatest love and tenderness. It has to be a total heart and soul thing -- and not some half hearted effort.

Then - and only then - can you really bring her LOVE out in its highest and most meaningful manner.

Then - and only then - would your statement apply !!

Seems we'd had these 'brotherly' talks many times before
 
Steady, you will never know how timely your advice is for me. Thanks for getting all mushy on us. I am being 100% serious.

Thanks,
Jack
 
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