Birchtree's Account Talk

[Birchtree]

New Buy Signal for the S&P 500 | PRAGMATIC CAPITALISM

 

[Handballer]

New Buy Signal for the S&P 500 | PRAGMATIC CAPITALISM

I've been holding 40% C fund for more than 6 weeks along with 60% S fund. It just isn't doing as well as the S&I funds. The new but signal sounds ok with me.

 

[Birchtree]

"But, Mae West notwithstanding, too much of a good thing is not necessarily wonderful."

Too many jumping on bullish bandwagon - Mark Hulbert - MarketWatch

 

[Birchtree]

"Better subsurface breadth vs the May 1 high."

Summertime news: Stocks are solid - MarketWatch

 

[Birchtree]

I bought two stocks this morning - KBW and MTW - and noticed I didn't pay any comission. Come to find out Merrill Edge has changed their eligibility proces for 30 free trades a month. Now all you need is to maintain a $50K balance in equities to qualify. I'll be good for eternity unless Pinky gets re-elected. And I'm sure he's toast.

 

[Sensei]

"But, Mae West notwithstanding, too much of a good thing is not necessarily wonderful."

Too many jumping on bullish bandwagon - Mark Hulbert - MarketWatch

This is a pretty bearish post coming from you. I guess it's realistic though. This rally is starting to take on a parabolic shape, and that has me a little scared. I'm afraid of heights.

 

[Birchtree]

Perhaps I've been smelling too much superlative bull manure but I think that SPX 1395 is doable by the close Friday - if that happens we are on our way riding this 3 wave past the prior highs at 1422. So it does appear that we had a false break down below the SPX 200 day. If reflation is real, it's going to be a fun summer. I keep reminding myself that June, July and August - by far - are the best performing months during an election year. If today is a harbinger of things to come, July might be a +$400K month for my oceanic account.

 

[Birchtree]

Oh no not yet. "...a VIX bottom in the 15-18 range has also coincided with a top in the SPX each time around."

VIX Reversal Signal Coming Soon?

 

[Birchtree]

Union Pacific: We’re not Seeing the Economic Weakness | PRAGMATIC CAPITALISM

 

[Birchtree]

Let's take a quick peek at the Birchtree 300 fund performance for the last six months: 1/+$283K, 2/+$128K, 3/+$30K, 4/-$44K, 5/-$427K, 6/+$286K for a gain of +$256K. I suspect with the exciting start to July that the gains will continue to add up. In to win.

 

[Handballer]

Birch I think you should rename this thread Moneytree. I would use it but my pile of money so so low.

 

[Birchtree]

It seems everyone wants to take profits this morning - the market wants to wipe out my Tuesday gains. But then again it's still very early in the day. I think I only have tree dividends paying today - so it's not a complete waste of market time.

 

[Birchtree]

I'm waiting patiently for the market to go positive because I'm such a dreamer.

Don't get mad, break even - MarketWatch

 

[Birchtree]

For those interested here is what my oceanic account did last week: +$16K, +$71K, -$13K, -$54K for a small but important gain iof +$20K. I'm holding out my hand for a profitable July.

 

[Birchtree]

I rescued a few wall flowers today: VHI, CE, LUB, LPX. If the Fed is good to me I'm prepared to buy more flowers.

 

[Birchtree]

Condi Rice for vice president on the Republican ticket - I like the sound of that choice. She can walk the talk.

 

[Bquat]

Condi Rice for vice president on the Republican ticket - I like the sound of that choice. She can walk the talk.

I am a fan of her's also. I like her straight fowardness or at least her commonsense and overall knowlege of events show and doesn't seem scripted. Sorry Hillary, I still have a crush on you but you need to get some rest.

 

[rcknfrewld]

Let's see the Dems criticize her...would be fun to watch them tiptoe around you know what

 

[ILoveTDs]

no what?

 

[rcknfrewld]

Well....going by the Dems logic...if you criticize a woman you are a misogynist...if you criticize an African American you are a racist...would love to see the angle they take.