Birchtree's Account Talk

Futures are on the move this evening to the positive. I'll crap out nickles if we get three back to back triple digit Dow gains in this wave 3.

On the upside, the market will need to break through the 1363 pivot range and then clear the 1371 uptrend high to resume its uptrend. We can do that.
 
The line forming in front of the guilotine is long. That's just the way the bull likes it to happen - cut and run while you still have legs. This downside is actually necessary from my contrarian perspective since we need more bears or weak bulls. Just building the wall of worry.
 
The line forming in front of the guilotine is long. That's just the way the bull likes it to happen - cut and run while you still have legs. This downside is actually necessary from my contrarian perspective since we need more bears or weak bulls. Just building the wall of worry.

How high is that wall of worry going to go?
 
The line forming in front of the guilotine is long. That's just the way the bull likes it to happen - cut and run while you still have legs. This downside is actually necessary from my contrarian perspective since we need more bears or weak bulls. Just building the wall of worry.

I hope you have a lot of defensive stocks like health care, utilities, and consumer staples.
 
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Originally Posted by Birchtree
The goldilocks economy is intact. Now is the time to make preparation for the leg up we dont't know how far it wll go, but who cares for the moment-I just want to be on board for the rocket ride.

Count me in. I'm all in!:)

Unfortunately the rocket is pointed in the wrong direction today. :sick: More like "Journey to the Center of the Earth". :nuts:
 
Jack Steiman says 1315 is the line in the sand for the bulls to defend, if that goes, it's lights out for some time, and believe it or not, that would be best for this market in the long run. It's a nice wash out today for sure - but it's only a summer storm putting pressure on the Fed for further quantitative easing to come. I'll accept my pain and dividend reinvest at lower prices increasing my base. Still no fear here. The only thing we have to fear is no fear. Let the heads roll where they will.
 
My wife has no idea how lucky she is this week. Her defined contribution plan will add money this Friday and she'll end up buying a S&P 500 index fund so much cheaper which means an accumulation of more shares of implicit value for our retirement. My daughter with her new MBA also does not realize how lucky she is buying into her Roth 401K - getting more shares at lower prices. Now the question is how long will they remain low. Yes my friends it would appear that QE3 is riding to the rescue - I'm so ready for my equity asset bubble.
 
Don't you realize these weak employment numbers are good for the Obama Administration - he is being destroyed and that's a good thing. Keep the negative news coming until he melts into a goo.
 
Well today was no fun - my oceanic took a $124K hit. But I still have three more days to get some of that back. The S funders got savaged.
 
Well today was no fun - my oceanic took a $124K hit. But I still have three more days to get some of that back. The S funders got savaged.

Really BT what about that I fund? Im going feel that hurt myself and haven't seen what FV is going to do to us yet!
 
You say keep the "negative news going" so that the market keeps going down...suicidedly keeping your own account plunging down:confused: so that your personal political ideology has a chance to come true? You would take down the market, your stock accounts...and the economy...and go along with the "Teahadists" in tearing down our country so that they get a chance to rebuild it in their own image?

Wow, I am not even sure where to start on this one. You are one to talk about drinking the kool-aide... I take great offense to your comments and wish you would take this somewhere else that might appreciate your vitriol (like maybe James' site).

You obviously have no concept about your comment "Teahadists". If you feel you need to make these kind of comments, please be polite and KEEP THEM TO YOURSELF. You have been highly offensive and I think you haven't a clue about that which you speak.

Ok, going somewhere to else to calm down. Wow...

P.S. BT, sorry for hijacking your thread
 
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OK, now I'm convinced...you are certifiably nuts:nuts:...maybe too much Fox Noise indoctrination?

You say keep the "negative news going" so that the market keeps going down...suicidedly keeping your own account plunging down:confused: so that your personal political ideology has a chance to come true? You would take down the market, your stock accounts...and the economy...and go along with the "Teahadists" in tearing down our country so that they get a chance to rebuild it in their own image?

If my mom was here she say you were being "ugly". And I would agree so have some respect on BT's account thread FWM. sheesh.

I could understand your philosophy if you were like JTH and have been shrewdly in the G fund....and follow the plunge while you're sitting on the -G- lilly-pad. But your bonzai perpetual buy and hold has killed you this month...as well as anyone who has listened to you. Don't you ever admit when you've blown it?

Seriously brother...try a little humility. Its healthy for the soul.:)

If my mom was here she say you were being "ugly". And I would agree so have som BT's account thread FWM. sheesh.
 
OK, now I'm convinced...you are certifiably nuts:nuts:...maybe too much Fox Noise indoctrination?

You say keep the "negative news going" so that the market keeps going down...suicidedly keeping your own account plunging downward:confused: so that your personal political ideology has a chance to come true? You would take down the market, your own TSP account (you have been 80-100% stocks for over 12 months)...and the economy...and go along with the "Teahadists" in tearing down our country so that they get a chance to rebuild it in their own image?

I could understand your philosophy if you were like JTH and have been shrewdly in the G fund....and follow the plunge while you're sitting on the -G- lilly-pad. But your bonzai perpetual buy and hold has killed you this month...as well as anyone who has listened to you. Don't you ever admit when you've blown it?

Seriously brother...try a little humility sometime. Its healthy for the soul.:)
"Teahadists" You are afraid, aren't you?
Name calling is not the way to go, NOT HERE PLEASE!:nuts:
 
I didn't take a hit for Jesus today and it certainly wasn't unexpected - there were plenty of warnings but then again it was not unwelcomed. FWM and I have no problems - I knew there would be a response. I had a nice two hour nap this afternoon so I'm refreshed and ready to take on tomorrow. We are now in a strong position to continue the rally forward - this has been a repititios pattern during the last two years of this bull market - volatility is good if you are straight on your discipline. There is no reason for me to cut and run with the bears - no pain, no gain. Snort.
 
Agreed.

See apology in previous post.


No I will take your side on some of what you have said here FMT.
It took some Gut's to Call Birchtree out and I'm glad you did. :laugh:

You will never see him on the Lilly Pad. I don't think he went to the Lilly pad once 100% in 2008.
It was so obvious then that the stock market was in a continuous Free-fall and by God He wore
those Sticky Pants like a Colonial in the Army.

I've called Birch out a couple of times myself not to save Him but to hopefully save some of his followers.
He sounds great when the market's are continuing in an uptrend and definitely will help you keep your sticky
pants on but He doesn't know when to take them Off EVER.

So I agree on your points and aspects in this regard.
Hell I'm going to throw you some Rep Points.

All the Best my Friend,

Poolman:D
 
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