Birchtree's Account Talk

[Steadygain]

Well the chief comes in at the end of yesterday and tells me she doesn't think taking off for my family vacation sounds like a good idea. So she's wanting me to work with her and forget the first week.

So I pulled a Birchtree - which means I stuck up for myself.

Let her know I had not used 1 day of vacation this whole year. She denied my spring break request. So she's kind of like, 'Well so what'. So I let her know that we've already made a lot of plans and I simply can't wait a week before vacation to get everything lined up. But I thought it went in one ear and out the other.

So let em know when I got home that I probably wouldn't get the first part approved.

My guess is -- she must have thought about what I'd told her. I saved the best for last. As soon as I started talking about Sliverbird and checking out the USMC place near her -- it probably sunk in how deeply we've been counting the days.

Just found out -- it's all been approved.

 

[alevin]

Steady, I'm so glad for you! Good for you for taking care of yourself by speaking up about fairness with your supervisor. Have a wonderful vacation with the family.

 

[Steadygain]

Steady, I'm so glad for you! Good for you for taking care of yourself by speaking up about fairness with your supervisor. Have a wonderful vacation with the family.

Thank you so much Alevie !!

That is so deeply appreciated and it's wonderful being known by the few good friends I have.

We had a large staff meeting this morning and my supervisor began it by telling everyone about the latest 'Letter of Praise'. The family was crying throughout a good part of my encounter because they were so touched with the time I took to give the veteran the care he needed. They just couldn't get over the extent that I took to make sure I knew everything possible and got him the care he needed.

What is so terrible about this is that I got him only because the one who was supposed to take the time and get the details did not want to fool with it -- so he threw him over to me with hopes I'd admit him. Pass the buck - but admitting him would have been the worse thing to do.

Anyway - Thank You !! - the work I do (in terms of how many I see and all I get accomplished; the extent of complications and urgent crisis; and most notably the quality of service I provide) is much appreciated.

Have a wonderful weekend Alevie -- and I hope whatever vacation plans you have turn out great.

Steady

 

[nasa1974]

Enjoy your R&R Steady. Everyone needs some down time once in awhile.

 

[Steadygain]

Enjoy your R&R Steady. Everyone needs some down time once in awhile.

Wow ! Thank You !!! my wonderful friend

I always come here before I check out.


What a perfect way to start the weekend !!!!

 

[Birchtree]

"We know that the market's chief goal is to separate investors from their money, which is why the market typically does the opposite to what the majority of investors believe it will do."

http://www.safehaven.com/article/16959/a-look-at-how-post-panic-bottoms-form

 

[Birchtree]

"...we have believed that the odds favor an end to the correction because we are technically in a long-term bull market, and corrections rarely morph into bear markets in those conditions."

http://www.financialsense.com/editorials/swenlin/2010/0528.html

 

[crws]

"...we have believed that the odds favor an end to the correction because we are technically in a long-term bull market, and corrections rarely morph into bear markets in those conditions."

http://www.financialsense.com/editorials/swenlin/2010/0528.html

lookin' like a 'roo tail
http://ezinearticles.com/?The-Kangaroo-Tail-Pattern-in-Technical-Analysis&id=2891143

 

[Birchtree]

"I do not see any evidence in accordance with Dow theory that the bullish primary trend change, associated with the counter-trend bear market advance, has been reversed at this time."

http://www.safehaven.com/article/16969/dow-theory-update

"This is the first bullish signal since March 8, 2009."

http://www.safehaven.com/article/16970/investor-sentiment-the-fat-pitch

 

[Birchtree]

Barton Biggs says, "The market is very, very oversold, and I think we're going to have a bif pop to the upside some time in the next couple of days. I wouldn't be surprised to see us go to a new recovery high, just to make everybody squirm."

 

[amoeba]

Barton Biggs says, "The market is very, very oversold, and I think we're going to have a bif pop to the upside some time in the next couple of days. I wouldn't be surprised to see us go to a new recovery high, just to make everybody squirm."

Based on what? the current P/E undervalued (no); unemployment declines (no); interest rate swap spreads declines (no); housing recovery (no); peace (no).

It's not oversold; it's gone from way overbought, to still way overbought; the market will go through a painful next 3 weeks of not less than 5% decline (1,040 in S&P) - possibly in the next week - and possibly considerably lower. I see no upside beyond 1,130 in the near future.

 

[JimmyJoe]

Give 'em hell Amoeba. (Old phrase used around my house when one person gathered up steam and started ranting about one subject or another. Phrase used only rarely and with some tongue in cheek. Possibly muttered, perhaps barely heard by the hell giver and by the recipient. Should, like most phrases used 30 to 40 years ago, be used more frequently today.)

 

[Warrenlm]

Was this the origin?

National Affairs: Give 'em Hell, Harry

Monday, Nov. 13, 1950

"Give 'em hell, Harry," someone shouted. "All right, I'm doing it," shouted Harry Truman

http://www.time.com/time/magazine/article/0,9171,821336,00.html#ixzz0pQdlTBNw
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[JimmyJoe]

Heh. It was my uncle who said only within my earshot and as he smiled "Give 'em hell Lill, give 'em hell" when my aunt was yelling at someone in the house for doing something probably wrong. This was in 1965, in KCMO, near the home town of Harry Truman.

 

[Birchtree]

"...high frequency trading has so screwed up the market that you can throw out all technicals."

http://theguruinvestor.com/2010/05/28/kass-volatility-distracting-investors-from-positives/

 

[Birchtree]

"Equities are just not getting the respect that these numbers suggest they deserve."

http://www.scottgrannis.blogspot.com

 

[Birchtree]

I went in early this morning and doubled down on my BP at $36.99 - I just had to do it. I think their dividend will remain intact. That's some nice income for the ride down the road.

 

[poolman]

I went in early this morning and doubled down on my BP at $36.99 - I just had to do it. I think their dividend will remain intact. That's some nice income for the ride down the road.

BP better put a lid on it soon.

To Big to Fail is not an option anymore.

 

[alevin]

Birchie, I suppose you know that the Buy Recommendations that are out right now are for BP at $29.xx.

The dividend continuation depends on a whooooole lot of things-like whether they were carrying enough insurance for all the cleanup, lawsuits etc etc, solvency of their insurers and re-insurers, how long it really takes to get the flow stoppered up and/or manageable.

Incidentally, can you explain something to me? If I'm taking dividends in cash rather than in shares, does my cost-basis in the original shares go up to reflect the dividend payout or does cost-basis stay at the price the original shares were purchased? I'm a bit confused about that at the moment.

 

[nasa1974]

BP better put a lid on it soon.

To Big to Fail is not an option anymore.

Even if they get it fixed soon with hurricane season starting up the problems are only going to get worse.