Birchtree's Account Talk

I bailed out of "I" today. Do you think the "I" fund will continue to go up tomorrow? No more IFTs. 100% G. aargh!! :suspicious::mad::nuts::sick:
 
The I fund is now on a multi-year run - you'll have plenty of time to get back in. Best policy now is to be right and sit tight - sticky pants come in handy.
 
Elgallo,

I bought a 20% position in the S fund at $21.41 on 1/24 and sold that position at $21.96 on 2/4. My plan is to try and do a repeat at some point. Just trying to add a little frosting to my balance.
 
I thought hard about doing that myself (when you did)when it kept goin up and decided I'd hold pat. You do have the stones Amigo.
 
I'm getting psyched to start my taxes - looking back to early 2010 I sold a 651 share position in RKT at $49.17 and now it trades at $73. That's too much pain left on the table. That's the problem of selling in a bull market. So when you hear them say it never hurts to take a profit they're lying. Snort.
 
Mindylou and I take our power nap - I come back and I've got stocks poping like weeds in after hours trading. Something is going on with CLF +10 points and WMB +4 points. I'll find out soon enough. By the way, a guy on fast money was talking 1995 - how sweet it is.
 
Mr. Birchtree,

I'd want to remind you that you are under oath while on the stand.

'Did you make over One Hundred -- US Dollars today -- in the TSP'???


'That's a YES --- or NO' :D:D:D
 
CLF had blowout revenues and WMB is splitting into two companies and increasing their dividend.

Did I make money in my tugboat today - most certainly. Did I earn flower power in my oceanic - most assuredly. Tomorrow I'll chase more wall flowers for happiness.
 
The I fund is now on a multi-year run - you'll have plenty of time to get back in. Best policy now is to be right and sit tight - sticky pants come in handy.


:D:D:D:D

Just saw this!!

Something feels 'good' about the one asking you this.

Anyway -- staying IN has most certainly paid off so far.
 
It's about sitting with discomfort and being at peace with it. The market rewards what is hard to do. It looks like the small investor is finally getting back in after a 100% rally and that means they recognize the recovery that's underway and market prices will continue to reflect this realization. "Many investors with formal training in finance will recognize this concept, as the stock market is said to be a leading indicator of economic activity. That is to say that it anticipates developments as opposed to reacting to them. This is why we continually preach that investors can't make money from what has already happened, only by anticipating how the future will unfold." Let'em eat cake now - I've already feasted.
 
So my hoofhearted friends what is this omnipotent market looking at? Do you believe like I do that we will be entering a period where we will see many multiple 3 digit Dow updays in a row in the future - designed to pull more bond money into the market. The bull market will power higher as long as the prevailing belief is that it's a cyclical bull within a secular bear. The days of wine and roses are about to start - I want my asset bubble.
 
"The way the stock market has performed of late has me thinking back to the low volatility bull-market cycles of the early and mid 1990s. So far 2011 is awfully reminiscent of 1995 - another year that featured a jobless recovery and a Democratic president moving to the center. The bottom line is that the 1330 level is a tripwire. The bulls have kept the S&P 500 index above the level for four sessions, and it will not take much to make bears start to cover in a big way. This could light the fuse of the third stage of this rocket and many investors will be surprised to see how high it rises." You got that Rochester.

http://www.marketoracle.co.uk/Article26320.html
 
I'm up early this morning waiting for another opportunity to buy more flower power happiness. Are we heading into a short term top - I don't really care. We have a great amount of evidence suggesting that the A/D line will not top simultaneously with price. So the time to be on guard will be when the major market averages make new highs, but the A/D line falls short. Not many people yet believe that we are in a cyclical bull within a secular bull - but I do. Keeping in mind that the center point of wave 3 will have the most amount of participation by both breadth and volume related charts. Many don't understand what a 3rd wave can do to ones technical work. I'll be chasing the momentum today and if the market wants to back up - bring it. Snort.
 
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