Birchtree's Account Talk

Preach on B.T

Anytime I need a good mental flossin' all I gotta do is track down BirchT and his bully wisdom......and suddenly, I can see the entire forest, despite all the trees.......Birchtree for Prez. Thanks for staying true to your method, and always spreading the good word. A fellow RT.
 
Re: Preach on B.T

hotwings,

I can't imagine anyone except a few that would be interested in the I fund - and I like it that way.
 
Alright the Mother of Dragons is going toast me today and I accept the pain as my sacrifice to get golden prices that can live on in perpetuity - now that's long term planning.

Total estimated inflows to long-term mutual funds were $2.63 billion for the latest week, as investors added money to equity and hybrid funds but took money out of bond funds. Bond funds had estimated outflows of $2.09 billion, compared with estimated outflows of $6.95 billion the previous week. The read on the seven day yield for taxable money market funds held steady at 0.01%.
 
There are trillions of dollars parked in bonds, that if moved into equities could make 16,000 happen in the blink of an eye, and 17,000 and higher all too easy to accomplish. Fundamental investors will normally ride out a correction in a bull market while a technician will get stopped out, having then to buy back at higher prices.
 
Birchtree aka PermaBull,

Keep spreading your BS (Birchtree Sentiment) and enjoying your sizable chunk of the American Dream !!!

Thanks for all the lively discussions!

"Live Long and Prosper"

-RMI
 
So we have a crisis in Egypt with only 500 dead stinking islamists and Obama is flustered. Where is the creep with 100,000 dead in Syria. Morsi was trusted eventually and then tried to take the law away from the people - well the creep has been doing the same thing and is certainly impeacheable. I only wish.
 
I can't stanz it no more - everytime I get close to the silver spoon the market takes it away from me. I sold some GWR to raise cash for buying power next week. I can always find a way to collect some precious wall flowers even though I've stated previously that I didn't want to do any selling - well flexibility is the name of the game and now I have cash available. Now I'm going to go pull an hours worth of weeds and sweat for love.
 
There are trillions of dollars parked in bonds, that if moved into equities could make 16,000 happen in the blink of an eye, and 17,000 and higher all too easy to accomplish. Fundamental investors will normally ride out a correction in a bull market while a technician will get stopped out, having then to buy back at higher prices.

Those poor suckers holding bonds are getting killed. So much for safety. There may be no place for them to hide, except maybe cash. Even then, inflation will gobble them up.

You've been right all year about buy & hold. Let's see if your luck holds out, as we get ready to head into the month of September, which is typically the worst performing month of the year for stocks...
 
I personally abide by the B&H strategy as well, however, I did move 20% back into the "G" fund a couple weeks ago anticipating a pullback during this time of the year. I'm planning to move that 20% back into equities after the next Fed mtg in Sept and will probably add more to my "I" fund allocation. Long term, it appears equities is the only game in town.
 
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