Griffin Account Talk

Obviously things did not quite go as I hoped in the international market since the OSM had a slightly down day yesterday, and are now retesting support, having given up all the gains from Wednesday. The upside is the dollar is getting crushed again (at least one thing I anticipated actually happened) and that may be enough to offset the sell off for little net loss.

As I mentioned on Wednesday, I expect next week's action to do the opposite of today. It was originally my intention to move to the USM today, However, with the dollar index now below 84.0, it is going to struggle to recover, and could be on the path to 81.0. Another day or two will tell the tale, but with the OSMs retesting support, I am going to hang in the I-fund for another trading day.
 
Overall, I am still bullish, but today's action is too negative to not warrant some real concern. I'm not thrilled about what I see going on, so I am going to slip into a defensive position for a day or two.
 
hey Grif, if the s fund closes with a large loss it could be at or near a support level to continue the breakout since the target after a cup & handle breakout has not been reached.

From stockcharts -- Target: The projected advance after breakout can be estimated by measuring the distance from the right peak of the cup to the bottom of the cup.

The question is, buy today, tomorrow or how soon?
 
Fedgolfer - here is a contrarian indicator: if your smart enought to realize that the volume of Birchtree's babblings are proportional to the pullback potential, then know he posted twenty two times today and it's only 6:00 pm EST.

But don't wait for him to shut his trap in order to move back in..because that will never happen.

On a more serious note: The dip buyer's are about to get punished....expect things to look like they are going to rebound, then drop some more...this will continue until the dip buyers have been punished enough times that they stop buying, because that is the only way to exhaust the sellers. Does this make sense?

hey Grif, if the s fund closes with a large loss it could be at or near a support level to continue the breakout since the target after a cup & handle breakout has not been reached.

From stockcharts -- Target: The projected advance after breakout can be estimated by measuring the distance from the right peak of the cup to the bottom of the cup.

The question is, buy today, tomorrow or how soon?
 
Fedgolfer - here is a contrarian indicator: if your smart enought to realize that the volume of Birchtree's babblings are proportional to the pullback potential, then know he posted twenty two times today and it's only 6:00 pm EST.

But don't wait for him to shut his trap in order to move back in..because that will never happen.

On a more serious note: The dip buyer's are about to get punished....expect things to look like they are going to rebound, then drop some more...this will continue until the dip buyers have been punished enough times that they stop buying, because that is the only way to exhaust the sellers. Does this make sense?


Griffin,

LOL!!! Your killing me! I almost fell out of my chair! ROFLMAO!!! I did fall out of my chair! LOL!!!
 
It's good to have Dad keeping track of me, it provides a warm fuzzy feeling. Now don't stand to close to that flat rock - there are consequences you know.
 
Griffin,

LOL!!! Your killing me! I almost fell out of my chair! ROFLMAO!!! I did fall out of my chair! LOL!!!

The tempo of Birch's comments has been excessive over the last couple of months, but twenty two in one day? that is so far beyond the call of what's reasonable, there was no way I'm not going to tear into him now.....twenty two?...you have got to be kidding me.....I don't think there was a single thread that anyone posted in all day that he did not insert a comment into.

He follows every intelligent comment anyone makes with some meaningless, unentertaining garbage. It has gotten to the point where folks can not spot their friends on the recent thread lists, because all you see is "Birchtree".

Now ask me how I really feel :D
 
It's good to have Dad keeping track of me, it provides a warm fuzzy feeling. Now don't stand to close to that flat rock - there are consequences you know.

Un-freakin-believeable..........you can not even talk about how annoying he is without him inserting some ridiculous sentiment.
:p
 
Fedgolfer - here is a contrarian indicator: if your smart enought to realize that the volume of Birchtree's babblings are proportional to the pullback potential, then know he posted twenty two times today and it's only 6:00 pm EST.

That is the funniest thing I've read on this site. Ever.
 
OMG, just got home and I am laughing more. LOL!!! Please stop........no don't stop.........stop........no............OK I'm done.
 
You don't have a concept of annoying until you meet DMA. Now you are a moderator so I expect civility. It's not necessary to read the Birchtree account talk thread - unless somebody has you in a chicken wing hold. I guess we were just ment to bump sooner or later. See you tomorrow.
 
Lotty and Dotty - I knew there was a hidden agenda. She is quite capable of measuring up on her own - but it is nice to have a few defenders. Even the Technician had his defenders. You can call me tendentious and I'll refer to you as pedantic. Until we meet again.
 
Look, I'm obviously set up to get creamed this week, and all you boys can do is throw spit balls around the room?

Please, take off your little boy masks now and be big boys.

I may faint and need some help!

GA
 
Peaches,

You are in luck don't worry - I am dual licensed as an RN and RRT with many years of critical care experience. I only invest for fun. Didn't you enjoy the sanguinary Dow today? For those who may not have familiarity: RN is registered nurse and RRT is registered respiratory therapist.

Dennis - Sorry Griffin for posting again in your thread.
 
Peaches,

You are in luck don't worry - I am dual licensed as an RN and RRT with many years of critical care experience. I only invest for fun. Didn't you enjoy the sanguinary Dow today? For those who may not have familiarity: RN is registered nurse and RRT is registered respiratory therapist.

Dennis - Sorry Griffin for posting again in your thread.
I think I may need your help after today, and tonight!:sick:
 
Look, I'm obviously set up to get creamed this week, and all you boys can do is throw spit balls around the room?

Please, take off your little boy masks now and be big boys.

I may faint and need some help!

GA

This is about some common courtesy and not clogging the board with pointless mussings. We all say dumb things from time to time and sometimes we say dumb things that turn out to sound like genius in retrospect. However, there is a limit to the the stream of conciousness that any of us should have to endure. Even you little darling peaches, with all your southern charm and sweetness - could cross the line - if you simply reguritated every whimsical thought that floated through your head. I have a high degree of patience and understanding but even if you, sweetie, peg my STFU meter, I will let you know. ;)

This is not about picking a fight, it's about knowing what NOT to say as well as what to say.
 
Male chauvinist moderators, what a concept............:rolleyes:

Little belle - you may want to choose your words more carefully - getting between the boys, fainting and getting creamed is how you end up in a law suit against the Duke lacrosse team.

This is about some common courtesy and not clogging the board with pointless mussings. We all say dumb things from time to time and sometimes we say dumb things that turn out to sound like genius in retrospect. However, there is a limit to the the stream of conciousness that any of us should have to endure. Even you little darling peaches, with all your southern charm and sweetness - could cross the line - if you simply reguritated every whimsical thought that floated through your head. I have a high degree of patience and understanding but even if you, sweetie, peg my STFU meter, I will let you know. ;)

This is not about picking a fight, it's about knowing what NOT to say as well as what to say.
 
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