Birchtree's Account Talk

[Birchtree]

I'm just sittin on the dock of the bay watchin time slip away. I think the S fund will show more trouble and head back to $21.41 - I tried to buy in at $21.22 but missed it by one day. I'm out at $21.96 for a gain of $0.55 at 20%. I sacrificed $0.25 on the I fund so I guess I'm ahead on the swing trade this time - waiting to collect my $0.17 on the I fund at a full 60%. There are at least 5 G and F holders above me just smoldering at higher percentage gains - but they'll be sitting ducks within the next 16 trading days if they don't move. I do need a couple of hot small cap days to boost my oceanic account to provide me with more buying power.

 

[Boghie]

BT,

I have started a new thread (after drinking two very powerful 'Samuel Adams Imperial White' beers) with the topic of 'Investment Advisor Cat Blogging'.

I think it very important to get a good photo of Mindilou (spelling impaired as a rsult of 'Samuel Adams Imperial White' beers) in action.

I, personally, will put Muggle in contest with any of the paid subscription services. Never a huge boom. But, never a bust. And, always very good returns.

 

[Boghie]

Behold, the Muggle hunting in the tall grass:

 

[Birchtree]

"It is becoming increasingly clear that another dangerous asset bubble may well be in progress - could investors really be foolish enough to push stock prices back into bubble territory for the third time in little more than a decade." Geesus I hope so - I want my equity bubble.

http://www.zerohedge.com/article/another-stock-bubble-underway

 

[Boghie]

But,

What is Midilou saying???

 

[Birchtree]

Mindylou says buy drillers: NBR, RDC, HOS, STO - maybe we'll get pulled along with the mergers happening today. There is nothing fundamental on the horizon that could stop the rally in the stock market. The VIX is holding steady today and that's fine with me. I'll be doing some indepth buying tomorrow. I have many wall flowers on my buy list. It should be noted that corporate earnings and sales have certainly been better than expected - many have been increasing their dividends and I'm collecting some.

 

[Birchtree]

"Stocks could rise 43 percent (from here) if investors assume a P/E multiple of 19 times."

http://theguruinvestor.com/2011/02/04/siegel-stocks-still-cheap-bull-has-room-to-run

 

[Birchtree]

Obama asks business to side with America - he should go first and get out of the way.

Altucher predicts the S&P 500 is going to hit 1500-1600 this year - I'm shooting for 1700.

 

[Birchtree]

"The Jupiter and Uranus transit into Aries is likely to be bullish for stocks into the middle of the year."

http://mmacycles.com

 

[Steadygain]

Obama asks business to side with America.

'Yes we CAN'

'Hope for Change'

Ahhhhhh Birch,
You know the odds are some kind of weird transition will take place between now and 2012 -- and 'Traction' will take place and the Economy will seriously be shooting past the clouds .....

and -- someone's going to be doing everything possible to take the credit and all that crap....

Whatever -- hmmmmmm -- I'm ready for 'a change'

 

[Birchtree]

"The SPX has surged 94% since March 2009, the biggest advance for a comparable period since 1936."

http://www.financialsense.com/contributors/thomas-j-smith/where-are-we-now-how-do-we-know

 

[JTH]

"The SPX has surged 94% since March 2009, the biggest advance for a comparable period since 1936."

http://www.financialsense.com/contributors/thomas-j-smith/where-are-we-now-how-do-we-know

The SPX is 20% away from the previous 2007 top.

 

[Birchtree]

We could be at the previous 2007 tops by the end of June is what I'm thinking. Dow 14,198 on 10/11/07 and SPX 1565.15 on 10/9/07. The R2K has underperformed the S&P by 2% over the last three weeks since the selloff on Wednesday Jan. 19, 2011. I think that will continue every time we move backwards for a few days. If we have a move up tomorrow it's all buying power for any gains - buy, buy, buy.

 

[crws]

Obama asks business to side with America - he should go first and get out of the way.

Excellent conundrum!
I'd say you're close to out-doing yourself on that one!
How's that bank account looking?
:laugh:

 

[FAB1]

I'm just sittin on the dock of the bay watchin time slip away. I think the S fund will show more trouble and head back to $21.41 - I tried to buy in at $21.22 but missed it by one day. I'm out at $21.96 for a gain of $0.55 at 20%.

Hey Otis! You must be on to something - both the C fund and the I fund are ahead of the S fund for the year. Not by much, but so far C is the buy&hold winner.

 

[Birchtree]

I need to see a small cap rebound before the close to push me into more buying power. So far today I've bought: DSX, B, AOS, TKR, GLW, OLN. Many more to go when the money shows up. I really don't expect much of any consolidation this week so I'm holding my own at 40C/60I. Thanx #3 Robin hood for seeking capital preservation.

 

[Birchtree]

"The 1966-1982 market had five cyclical bull and five cyclical bear markets."

http://www.marketoracle.co.uk/Article26149.html

 

[Birchtree]

"Bond market, the most dangerous bubble of all."

http://www.marketoracle.co.uk/Article26136.html

"Stock market trending higher still."

http://www.marketoracle.co.uk/Article26147.html

 

[Steadygain]

Look at the F Fund.

It's going so deep it looks like a grave was dug for it.


Then look at I Fund -- gosh -- another $100 dollar day

C and S are offering additional pocket change.


Things are going exactly as I expect --


Birch, we should get the lawn chairs out -- sit in the shade and sip lemonade and watch this on a laptop.

 

[Birchtree]

With the upturn this week it appears most major bench marks have broken to multiyear highs - now is that bullish. I want my equity asset bubble. I did earn buying power today so I'll be helping the panic buyers tomorrow - hope I don't get run over by all those hooves. I would not be at all surprised if we don't get a consolidation until SPX 1360 is resistance.