Birchtree's Account Talk

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Buying a few wall flowers cheaper: KWR, KOP, TEX, WMB, SHS. Finally perhaps an intra day consolidation - we'll see if the bulls care to pull it back later.
 
The 50 day moving average for the SPX is currently 1233.71. I think we could suffer down to that level without serious technical damage. I still think you may see a blow off top before any real damage occurs. At least the VIX is catching some breath today.
 
For the remainder of the month the only pleasure I have left (with my ITFs exhausted) is to excel in the tracker (which I have practically no power over) :notrust:

Thus, let me firstly thank those who are leaving for the G fund today...you that are under me provide a fine foundation and help me not to sink lower. :D

Secondly, thanks to those who are buying today b/c your possible downfall may push me up the tracker. :laugh:
 
Hey FAB1, this isn't a yahoo finance message board. I love how the bearish gloating starts at the most ridiculous time. Yeah, the market turns red on the GS news... one of the broker dealers performing POMO. Wait till these beginners see that GS didn't do as well as thought in their trading desks because their ganis from POMO have not been realized/cashed in. Rookie, chaser.
 
Ah, Birchy. a good afternoon to be buying some financials. Just loaded the boat on some FAS on the newly confirmed bull channel. Nice try Fab'ster, you'll be chasing in February.
 
fedgolfer said:
Hey FAB1, this isn't a yahoo finance message board. I love how the bearish gloating starts at the most ridiculous time. Yeah, the market turns red on the GS news... one of the broker dealers performing POMO. Wait till these beginners see that GS didn't do as well as thought in their trading desks because their ganis from POMO have not been realized/cashed in. Rookie, chaser.
Click to expand...

Not gloating.

Those eventualites are perfectly true. Just depends on the market now!

I will savour even transistory ascensions to glory.
 
Many G funders will gain rank today - but I doubt that will be enduring. We are still in a bullish up trend but with a little pain thrown in for character. I'll eat this first meal.
 
I like the sale prices and opportunity. Clearly no POMO to the rescue today. But I'm sure the big boys will eat 'em up after a full day of collecting the shorts.
 
The Dow closes off only 12.86 due to the gain in IBM - a day for the small cappers to remember for sure. Maybe the S fund will close off over $0.40 - sorry for the pain but that's the game. We can now relax as we begin to approach the intermediate top with the SPX going over 1326 and above. The VIX has provided some extra breathing room closing out at 17.37 +1.50. That's now a long way from 14.66. This consolidation could prove to be a one day wonder so I'm going to hold tight and nurse my wounds. Snort.
 
JTH said:
All tracker gloaters will be humbeled, just ask me I should know :D
Click to expand...

I will revel in whatever days in the sun might come my way. :cheesy:

I might get back in the top 50 tomorrow!

Then you guys can rib me later when the time comes!
 
Nope I came in at #51 - Arghh.

Ok - I see what happened the I fund went up a tiny bit but the Yahoo
site showed it as down around -0.70. I based my guess on the Ifund
going down about that far.

Ah well!
 
What a special turn of fortunes. The newly minted lily padders and F funders sitting comfortably in the top 50 will end up eating Birchtree hoof dust for the next 8 trading days. The S fund may remain relatively weak for the next couple of days and I can absorb that pain. My wife says that when I loose my a$$ like I did today I need a larger cushion. I took a nice hit in my oceanic because of my small cap positions ($81K) and she reminded me I've eaten worse. So let the good times roll. I did get to over pay for my coal stocks I bought early on - but then I did have about 5 dividends come into the account today - so it will all work out for the bull to rampage.
 
There seems to be a lot of clucking to the lily pad today which was predicted. The VIX is peaking at 18.57 +1.57 which could mean the worst may already be over. Watch out for the whipsaw. It's a one day wonder to roll back the oscillators. I'm not in the mood to cut and run - just bring me some pain. Nothing in the fundamentals has gotten worse only better going forward. We are looking at constructive cyclical or short term forces and these will provide direction for the market for the next year. Staying long and strong. I still say this market quality is reminiscent of 1995 and serious money is going to be made.
 
No doubt more of the recent IFT activity has been to safety.

However, with 625 on our tracker now - only around 125 are 100% G. which isnt much

Birch, your eternal optimisim must be influencing the noobs!
 
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