Birchtree's Account Talk

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The fair value maiden is playing with the I fund again - no matter it always comes back in a day or two. I was just thinking about the conversation that Mr. Romney and Mr. Obama are going to have tommorow - will president Obama co-opt some of Romney's growth ideas like Bill Clinton did during his second term and JFK did. Now that would be a market surprise. You have to have growth or we make minimal progress.
 
maybe it has more to with morals than money?

somehow i think birch would do just fine sleeping in the mud, but probably doesn't feel that just because someone doesn't like the thought of mud they should be given dry ground somebody else earned.

or, in my own tax the producers words, eat it biatches ain't no free lunch.
 
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That's exactly right. It's about the direction the United States is heading. Where do you suppose the Country would be today if these insane levels of spending were started 50 years ago? Geez. Do things need to be fixed? Hell yes, but you don't take money from good, hard working folks and just freely hand it out to people (any people) for laying around, not contributing to Society. Our Founding Fathers are rolling in their graves...
 
big_moose said:
Why do you hate the president sooooo much when he has added so much to your holdings over the last 4 years?
Click to expand...

So, does this mean that a president should also receive the credit when my holdings are diminished? A president can do very little to add or deplete one's portfolio, as holdings are based on individual decisions and not on presidential action. This is true no matter which party is in control.
 
Money is really starting to flow from companies this year with special dividend payouts - I caught two yesterday and another three today. This money will be automatically reinvested in December. I now have 129 dividend increase announcements this year - I'm simply standing in line with my hand outstretched. The chances that 2013 could also be lucrative are good. Could we be looking at a brush near the 2007 top this spring - that's really possible.
 
To add to what SkyPilot said...

The person who has the most influence on the markets is Bernanke. Way back in the 90s Greenspan got the nickname "Maestro" because the Fed Chairman is the most powerful financial individual on earth. So the question is...where would the US markets be if Bernanke hadn't thrown so much money at them since 2008? If you're doing well, send Helicopter Ben a Christmas card :D

I won't get into whether his actions/beliefs are good or bad, saved us or not, or will lead us to prosperity or ruin. That could be a very active thread on its own.
 
The good news is that when the 2013 bear market hits, you'll be in a great position for share accumulation. ;)
 
JTH,

I believe I'm closing in on your position one day at a time. Yup..."The final hard down phase of the 40-year and 60-year Kress cycles are upon us in 2013 and 2014." They however can easily be extended so I'll take my chances for 2013 to be a marvelous year to be long. We have been in a cyclical bull sine March '09 even though it has been mostly hated - we could actually be in the early stages of another mega trend secular bull market that could run for many more years. Gotta be in to win.
 
Here's a short blurb from my WSJ - QE4 is coming in 2013.

"The more urgent issue is what to do with a $45 billion-a-month program known as Operation Twist, in which the central bank is buying long-term Treasury securities and funding the purchases with sales of short-term Treasurys. That program ends in December and many officials want to keep buying long-term Treasurys next year as a complement to the mortgage purchases. Since September the Fed has been buying $40 billion a month of mortgage-backed securities and looks set to continue that program. Officials believe the program has helped push down mortgage costs and spur a housing sector that is on the mend. A decision not to continue buying long-term Treasurys when Twist expires would be a surprise to markets and that would be counterproductive."
 
Such a slow day - I'm going to mow up some leaves - no leaf left behind is my moto. I've got plenty of dividends rolling in for the next three trading days so a slow go market is fine to get those golden wall flower prices. Don't worry, after the first of the year we are in for new highs. Gimme that QE4.
 
Here is George Lindsey's "A Domed House and Three Peaks". The other version, "Three Peaks and a Domed House", is more commonly referred to, I think. Anyway, if we continue to follow this pattern we will have an excellent buy-in point in a couple of months. Hmmmm...does this coincide with the Fiscal Cliff/Debt Ceiling struggles in DC?

Domed_House.PNG
 
It was a rather quiet week for the oceanic account: -$6K, -$20K, +$36K, +$38K, +$7K for a total of +$55K. This provides a grand gain of +$48K for November. I'm not even going to speculate if I'll have any gains for December - I'll just take what I can get and be satisfied. How's that for humility. December is a big dividend month for the account and will be even larger this year because of all the special dividend payouts. A slow push to SPX 1500 would be just fine.
 
I'm wondering if December will be fortuitously purrfect for my oceanic account. Currently I'm ahead +$541K year to date with a month left to go. Will I have the sweet smell of superlative bull manure wafting through my account while I'm buried deep up to my chin in a pile of warmth. I think we are in for a joyous season with a nice Christmas rally to give us a throw over to SPX 1500 - I won't speculate on any possible gains at this point but the potential could be spectacular. Snort. I can definitely feel the good vibes.
 
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