Birchtree's Account Talk

I think I'll take just a moment of braggadocio before the opportunity disappears - my oceanic account as of yesterday is ahead +$783K year to date. A $1M target should be accessable at some point this year - maybe even more if I get some margin buying power. Waiting patiently for more buying power. Then the fun really starts. I know, I'm playing on the rails but one has to have courage when buying in a healthy bull market that is already four years old and up about 150% - but there is more gains available and I want to participate - aggressively. Snort.
 
I'm waiting on the BAC thrusters to kick start this bank into the $15 range. A year and a half ago I was -$7K in the hole and now I'm +$34K positive - what the heck happened? I just kept adding to my position and now the rewards are mine. I'll be buying this puppy all the way to $35 and then some.
 
I have been doing the same... BAC and the other big banks like C, WFC and JPM. I'm also adding KBWB on any weakness to get some regional bank exposure as well. Financials will continue to do well as the economy continues to recover.
 
I'm wondering where the SPX will be when the VIX rolls into the twelve zone again? Perhaps over 1710 would be my guess.
 
My Mindylou wants to know who that handsome feline is that lives with Susan Stasel?

Mindylou would love both him and his brother! They are both 7 year old male Bengals. The first picture is of Tai -- he's a brown marbled tabby bengal. The next picture is of Ming -- he's a brown spotted tabby bengal. Both are incredibly friendly/affectionate and have the hunting/stalking/jumping/climbing traits of their ancestors. Ming is more wild looking (and acting) as he is an F5 (only 5 generations removed from an Asian Leopard Cat). He's very long and tall but only weighs 8 lbs -- all muscle.

Tai.jpgMing.jpg

Although -- a friendly warning comes with this breed -- for anyone interested. 7 things you should know before buying a bengal cat - YouTube
 
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Lovely pictures indeed. Mindylou is a Tonkinese and will be seven in September. She has assumed the responsibility of being my investment adviser and likes to edit my buying lists. We take a daily nap together most days when the market closes.
 
For the week ended July 10, equity funds had inflows of $7.6 billion, up sharply from inflows of $246 million in the previous week. Domestic equity funds rose $4.55 billion, while foreign equity funds gained $3 billion. Bond funds had outflows of $8.1 billion, compared with prior week outflows of $5.98 billion. This type of activity can last for years - supporting Ferdinand's gluttony.
 
At the start of 2013, as stock prices enjoyed a steady rise higher the VIX was on its way to a six year low of 11.3 in March. We are headed there again.
 
C'mon now, I just saw the margin turkey pop his head up, so I know I'm close. Today might be the day when freedom rings.
 
Lovely pictures indeed. Mindylou is a Tonkinese and will be seven in September. She has assumed the responsibility of being my investment adviser and likes to edit my buying lists. We take a daily nap together most days when the market closes.

Ah, the good life! Sounds like my kind of day! :laugh:
 
Lovely pictures indeed. Mindylou is a Tonkinese and will be seven in September. She has assumed the responsibility of being my investment adviser and likes to edit my buying lists. We take a daily nap together most days when the market closes.

You're a lucky man to have such a smart feline to advise you. Alas, my boys are more interested in "bringing home the bacon" -- be it birds or mice off the deck -- which I must emphatically deny them -- to their deep disappointment. However, I do let them join me in the craft room for more artistic endeavors. Sitting in the middle of whatever card making project I am working, adding their paws to ink, pushing undesired stamps off the table and shreading paper are all favorite pastimes. They love the "distressed" look.

Naps are a favorite around my place too, as are belly rubs!

You must post a picture of Mindylou. Does she have points?
 
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