Birchtree's Account Talk

Just a bump in the road - I'll be doing a little more wall flower shopping in the morning. The S fund could be close to a 4% drop. It hurts so good for all my dividends to be paid and then reinvested - I'm in no hurry for a big rebound until the end of March. I'll just absorb this pain.
 
End of the world type stuff.
Not that bad but bad enough...we could use a pull back on the share prices, especially the S fund, to allow for some better DCA'ing over the next few weeks. Like to see a solid 5% drop from last friday open through tomorrow sometime and then a steady climb up to about 1410 on the S&P during the next few weeks. I just like to pick up the crumbs that BT and others leave around here. Keeps starving people like me better fed:toung:
 
Head in the sand?

Just a bump in the road - I'll be doing a little more wall flower shopping in the morning. The S fund could be close to a 4% drop. It hurts so good for all my dividends to be paid and then reinvested - I'm in no hurry for a big rebound until the end of March. I'll just absorb this pain.


Your head is in the sand on this one; everything got taken to the cleaners; there's no disproportionate drop in S fund; and if it rebounded before the end of march that would be great, since THIS is not a correction; it is headline-reaction. We all know how tough it is to predict how big, and how long, it could go. Anywhere from 2 days (egypt) to 3 months or more(gulf oil spill).

Be patient, but be nimble.
 
Well today was unpleasant for the Birchtree 300 to the tune of -$112K - I'm not surprised because I've put much more money into the oceanic base these last few months - what goes up can always come down. I'll get it all back and then some before I can blink - just like in January. If we drop another 200 points I may sell my CLF to raise cash to catch some more of these golden prices - that's the kind of sacrifice worth making. I'm thinking I may see some tracker traction after today.
 
wait a minute

Well today was unpleasant for the Birchtree 300 to the tune of -$112K - I'm not surprised because I've put much more money into the oceanic base these last few months - what goes up can always come down. I'll get it all back and then some before I can blink - just like in January. If we drop another 200 points I may sell my CLF to raise cash to catch some more of these golden prices - that's the kind of sacrifice worth making. I'm thinking I may see some tracker traction after today.


Ummm - some tracker action - but not en masse; the top 30 are still about 2/3 all in (as opposed to the top 100 being 100% all in, before today). I wouldn't call it weak hands, but this thing in Libya - well - I just don't think it is a long term thing; no USA involvement/treaties; a dictator that has total control over the military; not to say it is all good overthere but the market is over-reacting; what do they think? Obama is going to send troops over there and start another war? find some excuse like weapons of mass destruction or who knows what?....wait a minute.....
 
I'm doing a little fun buying this morning on further weakness: SXI, CPX, BW, KEX, WMK. I've now made 475 individual wall flower purchases since 7/31/10 so I'm making good progress. How far I can go is questionable but I'll keep moving forward as the bull provides opportunity. I have a very long way to go before my lamb chop account will come into play - so I'm comfortable with this selling pressure. The fact I'm loaded up with energy helps.
 
I need one more slightly down day or an unchanged day to try and pick up some S fund shares at $21.90 or less. I'm going to take a 20% position in the S fund COB tomorrow.
 
I need one more slightly down day or an unchanged day to try and pick up some S fund shares at $21.90 or less. I'm going to take a 20% position in the S fund COB tomorrow.

Your within the top 50 on the tracker, great job!.. Your as they say ..."makin bank" ! hehehe
 
Periscope down - I'm working in my yard today and not bothering with the market. I'm more productive outside since I'm not going to sell any stocks just yet.
 
Its a marathon not a sprint. Ill take a spot in the top ten even if it is only for a few days. December and January had me in the top 10.
 
Periscope down - I'm working in my yard today and not bothering with the market. I'm more productive outside since I'm not going to sell any stocks just yet.

My Wonderful ROCK and Mentor

I feel like everything I have deeply longed for over the years is now taking place and the changes are presently underway.

We'd like to see ya Birch -- stop by and have a little visit -- in maybe another month or so.

Steady
 
Periscope down - I'm working in my yard today and not bothering with the market. I'm more productive outside since I'm not going to sell any stocks just yet.

Hey-
I need some help with yard work- interested? There's sunshine... :cheesy:

02.24.2011.jpg
 
Hey Birch quik question when you get back?

Yesterday and today about 1300 EST the F fund spiked down. What's up with dat. Thought it was a fluke yesterday but the same thing happened today.

Does that have anything with QE2 and on the fed's call money is taken from AGG and pumped into the market right near midday to support the current level in the markets like drawing a line in the sand to keep us in the bullish channel?:confused:
 
Back
Top