Birchtree's Account Talk

[jpcavin]

You must want me to get banned again - Tom is real sensitive about these things.

We'll miss you again. :laugh:

 

[RealMoneyIssues]

Today's Top Poster(s)

Birchtree (14) ,

nasa1974 (8) ,

RealMoneyIssues (8)


BT is on fire today !!!!

 

[Birchtree]

I'm just trying to turn our members into cluckers - that leaves more for me. I know it's a selfish motivation.

 

[hotwings]

BT,

BTU traded under $30 this morning so I bought some at $29.84 and then this came out.....

"Peabody Energy Corporation (NYSE:BTU) has shown solid buying in the past thirty minutes on reports that Berkshire Hathaway Inc. (NYSE:BRK.A) is seeking a stake of the company. The stock is now up over 4.50% at $31.46."

 

[Birchtree]

Obviously someone else likes coal besides you and I.

"And he says European stocks are more attractive than European bonds right now."

Dreman: Bond Bubble Will Hurt Many | The Guru Investor

 

[Birchtree]

"Banks and homebuilder stocks showing impressive strength." Don't forget the furniture stocks.

http://www.marketoracle.co.uk/Article33606.html

 

[Intrepid_Timer]

Hi Birch, can I "bother" you for a minute? :laugh:

 

[Birchtree]

Now Intrepid Timer I believe I have more banishments under my belt than you - that says something. Now will you please pass the soap. Let's not argue amonst each other and work towards doubling and tripling our TSP accounts. The time is right and we're way ahead of the crowd. The vast majority of longer-term charts have moved into bullish territory.

 

[jpcavin]

Now Intrepid Timer I believe I have more banishments under my belt than you - that says something. Now will you please pass the soap. Let's not argue amonst each other and work towards doubling and tripling our TSP accounts. The time is right and we're way ahead of the crowd. The vast majority of longer-term charts have moved into bullish territory.

My signature says it all!

 

[Intrepid_Timer]

Now Intrepid Timer I believe I have more banishments under my belt than you - that says something. Now will you please pass the soap. Let's not argue amonst each other and work towards doubling and tripling our TSP accounts. The time is right and we're way ahead of the crowd. The vast majority of longer-term charts have moved into bullish territory.

Buy and holding still sucks :ban: and my soap is a rope, sorry............. :toung:

 

[Birchtree]

Wasn't English Leather on a rope? You take care. I'm headed for my nap.

 

[Intrepid_Timer]

Wasn't English Leather on a rope? You take care. I'm headed for my nap.

I use Brute because I'm such a bully........... Night, night.............

 

[ILoveTDs]

I use Brute because I'm such a bully........... Night, night.............

Bully isn't the word I'd use.

 

[Birchtree]

Silly me, I'm looking for further acceleration today as the VIX heads for 14.60. Should economic data show signs of improvement, the S&P 500 may post a rally similar to the bull market of 1990, when it surged 302%. If it goes I know I won't miss a single point.

 

[Birchtree]

I know I'm running against the odds looking for some gains today. I have 20 dividends that are due today so some weakness is acceptable for lower pricing. However, I made $56K yesterday and would dearly like to add to those gains if possible - but I'll just accept my fate. What can I do - I'm at the mercy of the bull.

 

[Mapper]

I know I'm running against the odds looking for some gains today. I have 20 dividends that are due today so some weakness is acceptable for lower pricing. However, I made $56K yesterday and would dearly like to add to those gains if possible - but I'll just accept my fate. What can I do - I'm at the mercy of the bull.

Running against the odds is what you do best!

 

[Birchtree]

In support of Richard Fisher, Altucher believes because monetary policy works with a lag that QE2 hasn't yet hit the economy, but it will in the coming months. He is absolutely bullish on the economy and the stock market. He is upping the ante on his bullish call, predicting the Dow will hit 20,000 and the S&P will eclipse 2000 before the current rally runs its course. I believe we are in the early stages of Elliott Wave Primary Wave 3 - keeping in mind that the center point of three will have the most amount of participation by both breadth and volume related charts.

 

[Birchtree]

What will it take to get some escape velocity today - at least coal is active to the upside and is helping me make money for now.

 

[MrJohnRoss]

BAC: UP 5.95% today, ~22% gain in 4 days. Naw, no need to sell, it'll just keep going up.

 

[Birchtree]

The oceanic did alright this week: -$23K, +$105K, -$32K, +$56K, +$20K for a soft gain of +$126K. Now if I can do the same next week. Was today our consolidation day and now we rock - probably not but any gain is appreciated. With the current market trends I do feel that odds are pointing to higher prices for both stocks and commodities. If the Dow opens up 200 or 300 points on Mnday or Tueswday morning, you cannot capture that gain with cash on a gap open - best be in to win. The VIX at one point today bottomed at 13.80 -1.60, money is going to start chasing Ferdinand around the arena. With no apparent Fed tightening the sky is the limit. Snort.