Birchtree's Account Talk

[Birchtree]

I'm looking forward to a nice dividend month but I suspose I'll have to pay more with higher prices - such a problem to have. Anyway, I can't be proud at a moment like this. We are going much higher once the ISM numbers are released and then we have Friday to top a good week for statistics. I'm slowly loading up on the I fund because all the companies in that index are large caps and will do just fine regardless of what the dollar does. I actually want a stronger dollar.

 

[Birchtree]

"Restaurants see best pickup in business in 3 years."

http://www.cnbc.com/id/40097656

Makes me glad I bought into my restaurant stocks when they were on their knees. As an example: Ruby Tuesday at $0.89.

 

[JimmyJoe]

That was a smart move Birch.

 

[Warrenlm]

Hey BT, what's your viewpoint about BofA when it breaches $11.
Are you a buyer?
If not, where, or what, instead?

Dick Bove told Kudlow he is advising listeners to buy aggressively.

 

[Birchtree]

I'm going to keep buying RT all the way back to $30 - currently pushing $13.

 

[crws]

you may like this video, but the meat about equities is about halfway through- 10 minutes or so....
http://www.tsptalk.com/mb/showpost.php?p=291415&postcount=199

 

[Birchtree]

CRWS

Thankyou for the thought - but I don't even have two minutes for a permabear like David Rosenberg. I can't risk corrupting my vision with negative vibes. All I want for Christmas is about $300K in buying power - that should do it. I have all the coal I can handle but I do need many other very fine but dull wall flowers. Well one more like BEZ would be cool.

 

[Birchtree]

"The current correction has yet to take even 4% off the Dow's value."

http://www.marketwatch.com/story/market-timers-reaction-to-the-correction-2010-12-01

 

[Birchtree]

Hot, hot, hot. Too hot for some uber tracker leaders that are moving to the lily pad. #10 hotshot and #23 48cj2a. Even #93 johns54 has movd to the lily pad - I like it. Making good money so I'll be quiet. Could we get a Dow +300 on the close - that'll surely freak the short hair bears into a panic for the next few days - they gotta cover or they bleed.

 

[Birchtree]

And another one clucks - #19 pynala to the lily pad 100%. It's all good.

 

[Guest2]

And another one clucks - #19 pynala to the lily pad 100%. It's all good.

"I'm hunt'n for Chicken" thats right "I'm a Chicken Hawk ! (Cartoon Reference)

Birch, Don't let me look at the TSP Autotracker and find out your FINALLY in first place ! :laugh:

I don't think my ICD (defibulator) could handle the shock ! :nuts:

Love and Respect Always !

Squalebear

 

[Steadygain]

According to my calculations (and I've tripple checked this)

You have made at least $328.19 today !!!



Nice going !!!

 

[prometheus]

BT, how are you getting member moves before the autotracker update much later in the day? From self-declared posts?

 

[Birchtree]

Click on their name and the tracker moves are available including update.

 

[JamesE]

I see you went and unloaded a little S for some more of that stinky I. Keep it up, I'll be seeing ya before ya know it

 

[Birchtree]

My truck is fully loaded but I can always rent another one. Can you imagine the levels of anxiety rising in the investment class of hedge funds and mutual funds - the fear of missing this rally is building. Even I feel the pressure but not enough to sell to raise cash just yet. The bull will bless me with ample buying power when the time is right - and boy are we close. But I know what I'm missing - be in to win. And I'll be patient until we close Friday - if buying power is not available by then I will make the scarifice and sell a rose to buy more sweet wall flowers. That's why they say patience is a virtue. Just don't play on the tracks like I do - I'm used to getting run over, but I always get up and brush myself off and start again. I'll get my goal of $2M off the March bottom before the year closes if the bull continues to stampede into the Santa Rally. Snort.

Dennis-permabull #1

 

[Birchtree]

JamesE,

I'll be glad to have the company. My immediate fear is that the 90-day cycle may be yet to arrive and if it does it will create problems for the small caps. There is change in the air and the I fund will find its' place with a very nice rebound - I'll be buying more of it probably on Friday or Monday.

 

[Birchtree]

That foolish VIX should be off by 3.0 points with this rally instead of only -2.46 - so look for a mad dash on the SPX for 1210 on the close. And the VIX will close down over 3.0 points within the last hour. It's nice to be long and strong - now if I just had a nice bowl of Mapo.

 

[Steel_Magnolia]

Birch, have you ever looked at FDO? It seems to do well in this economic environment. My shares never do anything spectacular but they just keep plodding upward.

 

[Birchtree]

Have not had it on my radar screen - but an 81% ytd gain is impressive. Thanks for bringing it to my attention.