Birchtree's Account Talk

[Warrenlm]

Dennis, next time you get ready to buy at this rate, please give us some notice.

 

[Birchtree]

Keeping Perspective Amid the Euro Hype | The Guru Investor

Warrenlm,

If the market propitiates tomorrow I hope to be a buyer of fine wall flowers. Mucho dividends also sloshing around and in play.

 

[Birchtree]

I'm walking the rails and buying a few flowers with trepidation: ALB, BMS, CNH, HOS. I would like to see the VIX weaken a little...everyone is waiting on the last hour and I may get crushed by the crowd as they exit.

 

[MaStA]

I'm walking the rails and buying a few flowers with trepidation: ALB, BMS, CNH, HOS. I would like to see the VIX weaken a little...everyone is waiting on the last hour and I may get crushed by the crowd as they exit.

Birch, your optimism lately has been fading it seems...this is the first time I've seen such a thing from you. I think we all may need to start worrying.

 

[Birchtree]

The bigger question is can 50 million Frenchman be wrong when they are in a panic - the answer is yes. The VIX finally broke a little. I will continue to hold my positions and add to them.

 

[Boghie]

I think I am going to increase my TSP contributions today. Went to a slightly safer (as far as risk) allocation, so I should follow that up with a little wallflower buying with my only (current) real investment tool.

I very much think I will enjoy some sales soon!!!

 

[Birchtree]

Central bank paranoia fuels Melt-Up - MarketWatch

I'm ready tp push more dollars into the market - all I need is a +80 Dow to give me more courage.

 

[Birchtree]

It's time to genuflect to the Dow and buy more delicious wall flowers: AE, KRO, GVA, BRO, LZB, MCS. If we can only hold into the close Monday could be explosive to the upside - and I still have a few coins left to throw into the fountain.

 

[Birchtree]

It was not too bad a week in comparison to how it started out - here is what my oceanic accomplished: -$101K, +$53K, -$54K, +$51K, +$56K for a slight of hand gain of +$5K. I'm now a head of the first two weeks in May - and next week could be a noggin cracker. That reminds me - I am a born again republican and North Florida cracker. Snort.

 

[Birchtree]

The Benefits Of Averaging Down - Seeking Alpha

 

[Birchtree]

I'm thinking that there may be a very large cannon ball coming off the diving board as big money gets into the pool - that means the G funders are going to get washed. I'm starting to see what looks like a symmetry pattern and this week could have the potential to be colossal - stay in to win.

 

[Birchtree]

There is nice action on the SPX VIX today at 19.84 -1.27, we could get a good close - stay strong and long.

 

[Birchtree]

"I maintain my belief that 2012 likely plays out like 2003 and 2009, with much more room for stocks to rally than the crowd thinks is possible."

Chasing the reflationary Melt-Up - MarketWatch

 

[Birchtree]

The SPX VIX now at 19.37 -1.74 must be showing no fear because of Fed intervention. A Dow pop to +40 would be fine with me before the close.

 

[Boghie]

BT,

This feels like a slow and measured distribution - rather than a basing. Nothing big, but da'Boyz and da'Public don't have a lot of confidence that our Black Swan President will not take flight and do some damage. My guess is that folks will pull a bit to cash since they likely have profits and wait a bit on the sidelines.

By the way, the sidelines at Over The Line in San Diego are very pleasant places to be

Expect a huge boom if the folks look as if they are going to shoooo Big Bird off the perch:cheesy:. This year will likely be very, very good...

 

[Birchtree]

With the VIX now at 18.94 -2.17, the Dow should be up triple digits again. I'm waiting to do some wall flower rescue. The Transports are up +80. So get ready.

 

[Birchtree]

Today is an excellent opportunity to be involved in wall flower rescue, buying: AE, TWX, CLF, SSD, BWS, BYD. So many wall flowers need my attention but I only have so much money available. But I'll do my best to provide happiness.

 

[Birchtree]

This market is destined to get hotter now that no one is invested - exactly the opportunity to acquire more fearless wall flowers: MTRN, CSX, FDP. Folks, this feels like a symmetry melt up.

 

[Frixxxx]

I understand "melt up", but not quite sure on what you mean by "symmetry", can you explain?

 

[Birchtree]

Up symmetry is the opposite of the down move we experienced in May - it surely is tracking closely. Check out that bottom and the consequent up moves in both the Dow and SPX.