Many thousands of these fruiting bodies were on the 80 ft+ saturated rotting hardwood log we call "the log that keeps on giving"! The lovely tree-like plasmodium is shown in photos 5 & 6.
Note the translucent greenish jelly-like fungus, Gloeomucro species, in photos 2 & 4 and the slime mold, Ceratiomyxa fruticulosa,, in photo 4. During this past year, this log has hosted may species of fungi and slime molds.
Sarah Lloyd stated on another observation of P. psittacinum on iNat "P. psittacinum which has a bright red stalk.
It usually has an iridescent peridium without any lime but the fruiting bodies sometimes have yellow/orange lime scales.
In the German text Die Myxomyceten (Neubert et al Vol 2 p. 293) the peridium of P. psittacinum var. psittacinum is described as:
'more or less densely covered with dull, yellow-orange scales'".