Thread: Birchtree's Account Talk

"If anything, my analysis has only strengthened my oft-stated belief that tremendous profit opportunities still lay ahead. In short, it is still a good time to be an investor - and definitely not the time to abandon ship in anticipation of a renewed bear market." Steady is right, think longer term.

http://www.marketoracle.co.uk/Article19574.html

Birch-
What do you make of this: Does a cheap Euro help the I-Fund?


Meanwhile, we're seeing the same overseas. China may be tightening, but its companies' sales are surging. Elsewhere, Korean GDP in the first quarter was 7.8% year-over-year, while Hong Kong imports are up 38.5% annualized and German machinery orders are up 21% this year -- a fact that will be helped by the recent plunge in the euro. As you can see in the chart above, the manufacturers' Purchasing Managers' Index has surged in recent weeks despite the Greek debt fears.

In short, the global economy is probably healthy enough to resist much of the predations of European credit weakness unless the continent's leaders really blow their chance. My expectation is that the recent declines will actually boomerang on credit bears and increase the institutions' appetite for bonds and equities.

http://moneymorning.com/2010/05/17/u.s.-recovery-2/

Originally Posted by Birchtree

"If anything, my analysis has only strengthened my oft-stated belief that tremendous profit opportunities still lay ahead. In short, it is still a good time to be an investor - and definitely not the time to abandon ship in anticipation of a renewed bear market." Steady is right, think longer term.

http://www.marketoracle.co.uk/Article19574.html

Yeah, like you say - those profit opportunities lay ahead. Think long term. Meaning not right now. Meaning later. Meaning trying to sucker you into the market during a cliffdrop. Meaning get the EFF out while the getting is still good. We got another 5% to go minimum.

It's either that or Welcome back to negatorium. Me not like.

Nothin like gaining 50 ranking spots while I'm losing less money than others. Nothin like being crept up on by the G-fund.

This is great. This is fun. Marvelous. Yippee eye cay yeah!!!!

I am predicting the market will go up next week because I am about to take my lost and move all my money to F fund COB.

I had anticipated several down days at the beginning of this week - so any further weakness is fine with me. I'm just riding the Ducati up and down with the volatility and holding all my positions. Keeping the base intact will be very beneficial when we turn - the bull is just resting. Lots of dividend reinvestments going to work at lower prices for the long term.

... yawn, this will turn right about now. Taking off TZA and buying TNA.

Originally Posted by fedgolfer

... yawn, this will turn right about now. Taking off TZA and buying TNA.

Dunno bout that, the VIX is over 37 (up 12%) at the moment

I can hear the screams already. Landru!! Help us! Fear not just drink deeply and kiss your TSP goodbye.... No, really somebodys going to buy up this weakness. Theres money to be made I think. haw.

So Birch, is this the calm before the storm ? :toung:

Or is the storm finally over ?



I think it's time to make a little popcorn and just enjoy it. Starting to feel like a 'drama' ... the plot is thickening ... but it's getting a bit long.


Well have a good one -- I've got a bunch of stuff to catch up on.

Birch, does the 1219 double top talk in the SPX start in two weeks or three?

"This analysis results in an outlook of moderately growth for the financially damaged U.S. economy. While that may sound bad on the surface, it ironically provides for a long sweet spot for market participants - in essence, the so-called 'Goldilocks' outlook. That is an outlook that will encourage and enable new bubbles, which are great in the short term for investors, though they are obviously bad once they run their course and poop." This is from the recent posted article 19574.

I just finished reviewing my sacrificial lamb chop account in case we really drop off the earth. I can take more pain before I have to implement that particular strategy - so bring on the pain. No pain no gain - it's always time to buy when the VIX is high.