Birchtree's Account Talk

[WorkFE]

BT,
It looks like the dollar is going to be your friend today with that I fund holding. Very Nice

 

[Birchtree]

I'm doing some flower power buying now that I have money: CE, BP, ACI, AVY, AA, ANR. Some of these wall flowers are certainly starting to get expensive but that's supposed to happen in a bull market. I'll most likely be back for more in a wee bit.

 

[Mcqlives]

Birch,

I haven't heard you reference your "assistant" for finding the wall flowers lately. Are you picking them yourself now or is MindyLou just taking a secret adviser position?

 

[Birchtree]

Mindylou made me a new list over a month ago and I'm just now getting to whittle on it for purchases. I have 45 more wall flowers to purchase and if the market momentum continues I'll get it completed.

 

[Mcqlives]

Good to know your "system" is still alive and well! Good luck!

 

[anthony]

Saw this today and thought of your interest in the sector:

"Coal Stocks Heating Up" ... "While the S&P 500 may be having a choppy month, coal stocks have snapped back to life again in a big way, with the Market Vectors Coal ETF outperforming the large-cap benchmark by a 5-to-1 margin in March."

 

[Birchtree]

I've been dollar cost averaging into my coal stocks for over a year now and the profits are building - and I plan to keep at it.

 

[Birchtree]

Still chasing wall flowers and buying ahead (front running) a hot NFP number: B, BRT, GB, BWC, UBS, MDS, MDP, ANN. It's a long day yet and tomorrow they will cost even more.

 

[Birchtree]

A few more wall flowers and I'm done for the day: HD, DRC, INT, UDRL, SPN, RES. Tomorrow I'll buy more coal and other drillers.

 

[Birchtree]

"If the dollar sells off then I expect to see stocks and commodities rally"

http://www.safehaven.com/article/20458/are-stocks-and-commodities-about-to-start-another-rally

 

[jpcavin]

"If the dollar sells off then I expect to see stocks and commodities rally"

http://www.safehaven.com/article/20458/are-stocks-and-commodities-about-to-start-another-rally

I like it!

 

[hotwings]

A few more wall flowers and I'm done for the day: HD, DRC, INT, UDRL, SPN, RES. Tomorrow I'll buy more coal and other drillers.

BT,

What kind of coal plays do you prefer? ..... Is BTU on your list?

 

[vegasmith]

"If the dollar sells off then I expect to see stocks and commodities rally"

http://www.safehaven.com/article/20458/are-stocks-and-commodities-about-to-start-another-rally

The EURO to USD movement certainly looks to support this.

 

[Birchtree]

hotwings,

I bought my initial position in BTU back on 12/02/08 at $22.49 and had continued to DCA it up to $48. It's now trading around $72 and I'm waiting for a split. In the meantime I'm holding with a wicked profit. This stock is part of my sacrificial lamb chop account.

Here's a good read for the bulls.

http://www.financialsense.com/contr...ndices-brushing-bear-dirt-off-their-shoulders

 

[Birchtree]

The A/D line hit a high today. The A/D line is not diverting, and it's very rare the price will top without A/D divergence. Futures are already rackin for tomorrow.

 

[RealMoneyIssues]

Futures are already rackin for tomorrow.

That sounds good, but your previous TA made it sound bad. I am sorry, which is it?

 

[Birchtree]

Futures are anticipating 200K non-farm payroll jobs - if that happens the Dow could rally strongly. I could use another 178 pointer.

 

[ballnoutacontrol]

Hey Betula tree, I'm in need of a little bit of insight and mentoring. Lately I have been reading some of those doom and gloom articles and it has got me contemplating my outlook on the market. Perhaps you could describe to me how this bull market will play out. You seem to be pretty sure about it everything.

Thanks balln.

oh yeah, betula is your genus (thanks wikipedia)

 

[jpcavin]

The Betulaceae Investment Firm.

 

[jpcavin]

Birch
Saw the dip in the "I" today and diverted my payroll deduction to it today. However, watching the markets everyday is starting to get on my nerves.
Were you the one that told me to DCA into the "C" Fund? I am thinking about just dumping my money on "C" and only direct where my bi-weekly payroll deduction goes. What do you think?