Birchtree's Account Talk

**Birchtree** · 03-09-2010, 11:28 AM

Doing a little more buying before we crack 10,600: RT, KWR, ARM, APU. I'll chase this momentum all day long because we are going higher.

"Failure of the SP500/VIX ratio to sustain recent gains would coincide with a clear technical failure and add more conviction to the technically-oriented equity watchers."
Look at the 2003 trend line resistance break for future promise.

http://safehaven.com/article-16034.htm

**Birchtree** · 03-09-2010, 12:06 PM

It's stocks gone wild - let's burn the 1050 level today to celebrate the young bull birth. This market has years to run so buy early and enjoy the ride.

**Birchtree** · 03-09-2010, 12:18 PM

"The sentiment signals are starting to stack up against the bulls."

http://pragcap.com/portfolio-managers-are-bullish

**FAB1** · 03-09-2010, 01:44 PM

Originally Posted by Lostdawg

Birch wish you all the best.

Almost went straight over to the C fund, but I didn't want to buy into a top which may be where we are at, don't know. That VIX spike chart I saw on here probably spooked me

. Comfortable spending the time reevaluating on the side for a few days. Let's see how the week rolls. I think I played out the I fund IMO and needed to jump. Maybe a dip will have me in quickly or I'll be chasing you, time will tell.
Keep up the good work and I do enjoy your bullish banter.

So wish I would have been doing TSP when it came out for us in my first life. Live and learn.

BT wants to spook us so he can climb in the tracker - BOO!

**Bullitt** · 03-09-2010, 06:41 PM

Originally Posted by Birchtree

"The sentiment signals are starting to stack up against the bulls."

http://pragcap.com/portfolio-managers-are-bullish

The CBOE Put/Call ratio just blew below .50 and almost hit .40 today.

**WorkFE** · 03-09-2010, 06:59 PM

That is true Bullitt but lately we've seen sentiment turn both direction in the blink of an eye.
Recently there has been no difference between the B&H and timers except where their buying and holding.
Sentiment seems to have frozen some people who would otherwise be movers and shakers. If we do get a dip I'm not sure it would be big enough to unfreeze those that are stuck in neutral. One of the reason I made the move was because I was becoming fiscally paralized. Win or lose I feel better now.

**Boghie** · 03-09-2010, 08:32 PM

Originally Posted by WorkFE

Sentiment seems to have frozen some people who would otherwise be movers and shakers. If we do get a dip I'm not sure it would be big enough to unfreeze those that are stuck in neutral. One of the reason I made the move was because I was becoming fiscally paralized. Win or lose I feel better now.

Kinda like the thought

I bailed out of F holdings because they seemed to be a dead zone. This market seems rather flat, but there is an upside. If 'The One' and Congress would shut up I think we would be in a boom. Well, they can only talk so much. They are about to wind themselves...

**Birchtree** · 03-10-2010, 09:34 AM

Buying some of my favorites on the high again - adding to my base: BCS, UBS, GWR, HHS, KBH, DHI. I need to DCA into my lamb chop account also before they get away from me, so I'll probably return if we move even higher back above 10,600. Snort.

**dannyboy** · 03-10-2010, 09:48 AM

Originally Posted by Boghie

Kinda like the thought

I bailed out of F holdings because they seemed to be a dead zone. This market seems rather flat, but there is an upside. If 'The One' and Congress would shut up I think we would be in a boom. Well, they can only talk so much. They are about to wind themselves...

I am kind of sick of staying at mixed %'s (tracker=300+). I think the S is going to be very good through March? So, I am going all the way.
S-100% , ROLL-THE-DICE

**Birchtree** · 03-10-2010, 10:03 AM

dannyboy,

I hope you own a bungie cord.

**Birchtree** · 03-10-2010, 10:42 AM

"The Markets Keep Going Up and You've Missed It." Not me I caught every nickel off the lows but it took mounds of courage and my special pair of sticky pants. And having the best investment adviser cat anybody could ask for certainly helped. Mindylou says the VIX will drop into the 16 level before the close.

http://safehaven.com/article-16048.htm

**JTH** · 03-10-2010, 11:13 AM

Originally Posted by Birchtree

http://safehaven.com/article-16048.htm

"There was a lot of cash sitting on the sidelines, and institutional investors smelled a great opportunity, and it's really the big investors that drive the markets in a significant manner, and that's really what it's been all about."

Thanks BT, this fits right inline with the discussion of the PVI/NVI indicators in my latest blog.