Birchtree's Account Talk

[Birchtree]

http://www.marketwatch.com/story/investors-need-to-take-a-chance-on-risk-2011-06-05

 

[hotwings]

So true... good article.

 

[Birchtree]

"Indeed, weak soundings on the economy have hit stocks as a matter of routine over the past two years, and each time, after some rest, the bulls have charged on. There is a big difference between being hit and being knocked out. Considering that confidence is near a 40-year low, as shown yesterday, that is a pretty good bet. When you are at a 40-year low, the most likely next move is higher, not lower."

http://www.marketoracle.co.uk/Article28518.html

 

[Birchtree]

Ah the time of truth - since our current consolidation of 6.6% started my oceanic account has been rolled back to the sweet tune of $401K value. This is not viewed as a loss but rather a devaluation. It demonstrates the level of buffer I need to maintain to stay away from a margin call - so I'll be investing with this type of risk and volatility for the next 15 years. In the meantime my dividends are working hard and we'll wait for the return of the $401K and more.

 

[FAB1]

My split trade of 50/50 S and I hasn't worked out too bad for me in this dip. I lost less money going down than 100 S and may gain more going up if the $ stays at bay.

 

[Birchtree]

I predict there will come a time when you won't want to own that 50/S position. I'm going to be building my C position over time as I lighten up on the I fund - but I'm in no hurry waiting on $22.50 for the I fund to mature.

 

[Birchtree]

Here is something interesting. When I shut down last night to watch the Bella sisters my views were at 680,933 and then this morning I was looking at views of 681,612. That's almost 700 views over night - can that be correct? Is the FBI looking for me or is my plethora of old girlfriends on the hunt?

 

[RealMoneyIssues]

Here is something interesting. When I shut down last night to watch the Bella sisters my views were at 680,933 and then this morning I was looking at views of 681,612. That's almost 700 views over night - can that be correct? Is the FBI looking for me or is my plethora of old girlfriends on the hunt?

Probably a couple dozen from me... It adds up. But don't let your head get too big I just need a boost of PermaBull every once in awhile when the markets are down :nuts:

 

[goforit]

Here is something interesting. When I shut down last night to watch the Bella sisters my views were at 680,933 and then this morning I was looking at views of 681,612. That's almost 700 views over night - can that be correct? Is the FBI looking for me or is my plethora of old girlfriends on the hunt?

that sounds like a "cult like " following. don't go into hiding some of us actually hear what your talking.

 

[Bquat]

Here is something interesting. When I shut down last night to watch the Bella sisters my views were at 680,933 and then this morning I was looking at views of 681,612. That's almost 700 views over night - can that be correct? Is the FBI looking for me or is my plethora of old girlfriends on the hunt?

You know Birch, they like to read more about your train theory when we think a little bullish. Just like the push you can give once in a while. You might have to back up a little and recupple those six engines back to the 101 car train.

 

[Geaux4it]

We are just needing a catalyst to spark the uptick. My guess is that will be some kind of positive move on the Greece front. Just need perceived 'good' news to stop the bleeding.

At that point you don't want to be strapped in cash. That will equate to standing at the station watching the conductor wave good bye.

-Geaux

 

[nasa1974]

We are just needing a catalyst to spark the uptick. My guess is that will be some kind of positive move on the Greece front. Just need perceived 'good' news to stop the bleeding.

At that point you don't want to be strapped in cash. That will equate to standing at the station watching the conductor wave good bye.

-Geaux

As long as we keep good ol' Ben out of the press we just might see some profit.

 

[RealMoneyIssues]

As long as we keep good ol' Ben out of the press we just might see some profit.

Maybe that is BHO's objective. Have Ben speak, the market tanks; repeat as necessary

 

[Boghie]

BirchTree...

I'm way behind you - but I'm now driving good ole' American Iron and you are in some tinny foreign job.

Beep, Beep...

 

[markmars]

With out risk you can not win, but you don't lose either. C, S, and I = risk But I play to win and i'm not going to retire for 12 more years I'll take the risk for now when I'm 59 I'll take less.

http://www.marketwatch.com/story/investors-need-to-take-a-chance-on-risk-2011-06-05

 

[Birchtree]

"At a current reading of -113 we are well below the average lows for this index and just 28 points shy of its all-time low set during one of the most traumatic investment environments ever."

http://pragcap.com/are-the-analysts-panicked

 

[Birchtree]

markmars,

Enjoy lower pricing while it's available. Now once you reach 59 you will still have another 30 years ahead to grow your wealth and you'll have the time available to do it. Learn before you churn and the arena becomes yours.

 

[Birchtree]

http://www.safehaven.com/article/21251/oversold-market-on-edge

 

[Frixxxx]

http://www.safehaven.com/article/21251/oversold-market-on-edge

+1 Birch

 

[Birchtree]

I'm trying to remember the definition of a recession - perhaps two back to back negative GDP quarters. That would be a sacrifice I would be willing to endure if it closed the door on Obummer. I don't think we will have a double dip recession at this point because the Fed won't tolerate it.