Birchtree's Account Talk

[Birchtree]

My oceanic account is smiling like a cheshire cat - 98% green. Sure could use another day like this tomorrow. I have a lot of buying to do before we make new yearly highs. Actually 136 purchases before the end of June. I still think we'll see Dow 12,000 before the end of May - and my assets are where my mouth is. Staying long and strong.

 

[Birchtree]

http://dshort.com/articles/guest/Chris-Kimble-100509-2.html

http://dshort.com/charts/guest/Dow-70-year-rising-channel.gif

 

[Birchtree]

http://mmacycles.com/

 

[Birchtree]

I'd find something solid to hang onto as the rumble begins to gain altitude when Ferdinand and his hoofhearted friends begin to stampede - the raging bull is about to create a panic to the upside in the last hour of trading.

 

[Steadygain]

Birch,
I'd have to confess that my decision to abandon the I Fund was way to driven from the 'hype' -- from many.

It was a dumb move -- and in retrospect I regret making that move. With all I was hearing it seemed the evidence was too compelling. In addition it appeared the US Markets would be the better choice.

Now wish I'd left more in I Fund -- mainly to spread the investments.

 

[Birchtree]

"Your present Asset Allocation should be tuned in to your long-term goals and objectives. Resist the urge to decrease your Equity allocation because you expect a further fall in stock prices."

http://www.marketoracle.co.uk/Article19355.html

My oceanic account took in $159K today - that still leaves me $238K short. Perhaps we can add value to those numbers during the remainder of the week. I sure would like to get back to my $1294K top and then beyond. I've only got 31 more weeks to make the second $M.

 

[nnuut]

Damn DADDY BIGBUCKS, I feel like such a SMALLTIMER.

 

[Birchtree]

If I could give my argumentative friends any words of wisdom it would be: Peace be still.

 

[Birchtree]

JTH should be here watching those transports. I would not be surprised if the VIX gets bombed out today to the 25 level. C'mon Ferdinand rock my boat and shake my booty.

 

[Birchtree]

The 50 day average for the SPX is around 1171 with more resistance at 1180. A little C-4 would blow us right by those fib lines. I think the strength will build as the day progresses. I'm starting to get emotionally excited.

 

[Birchtree]

http://theguruinvestor.com/2010/05/10/sonders-not-panicking/

 

[WorkFE]

I'm starting to get emotionally excited.

Put down the magazine BT. Don't want you hurting yourself.

 

[Birchtree]

"But timing is everything, and for now we expect positive earnings growth as the cyclical bull market to persist."

http://pragcap.com/teun-draaisma-turns-bullish

"AT current levels, we expect a total return over the next 12 months approaching 25%."

http://www.raymondjames.com/inv_strat.htm

 

[WorkFE]

Gonna need a sledge to bust through 1170.

 

[Birchtree]

Mindylou, have you been watching all those good folks moving back to the S fund on the day's highs. They must be thinking the S fund will reach for the previous high price of $19.54. But we don't think that way do we?

 

[fedgolfer]

... tran above 50 dma, $emw at 50, $spx still a few ticks below... rising tide should raise all ships, huh? Even $BDI is buoyant. May switch to larger caps very soon.

 

[JamesE]

Mindylou, have you been watching all those good folks moving back to the S fund on the day's highs. They must be thinking the S fund will reach for the previous high price of $19.54. But we don't think that way do we?

Why not? I missed out on a chunk yesterday (90C, 10S) and looks the same today.

 

[FAB1]

BT sees all. knows all. bank on it.

 

[Steadygain]

Mindylou, have you been watching all those good folks moving back to the S fund on the day's highs. They must be thinking the S fund will reach for the previous high price of $19.54. But we don't think that way do we?

It gave me enough for a bagel meal tomorrow morning

Every little bit counts.

 

[Bullitt]

Can anybody explain to me what the difference between this market and euphoria is?