Birchtree's Account Talk

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DOW has given back 65+ points or so from its low today... and it looks like all others have turned the corner to the positive. I may have been too quick to think a .40% loss of the ^w4500. I fund seems to look pretty nice as well. I'll take what I can get! Staying in... refusing to bow out.
 
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I just finished watching Obama's angry lips moving - he is apparently unhappy about a situation he created. The market is happy that we have a lame duck and gridlock. It's a great time to load up for the next four years. I stand with the Tea Party folks.
 
If IBM does a bounce tomorrow - wearing of seat belts, near term, is highly advised. The natural instinct of all of us is to seek safety and shelter, unfortunately at the exact same time when we should be aggressive and risk tolerant. Those who do well in the market understand this natural human tendency abd they consistently work against it when others are doing the exact opposite. Amoeba checked into the lily pad today - enough said.
 
I must confess that all of a sudden I'm nervous as Mindylou would be on a hot tin roof. Why am I nervous, why is my stomach in a knot - well it's not any fear of loss. I'm all in a knot because I'm making too much money too fast - it's my worst nightmare coming true. My wife says I'll just have to handle it like a man - well I will but right now I'm uncomfortable. I had no fear in 2008 when the slide was in full force - but now I'm alone to blaze the trail into uncharted territory making serious money as I advance. My gut is saying take the money and run - but that's not me because I'm greedy for even more gains - I'm building a legacy. So I'll just have to suffer my tribulations and endure the pain while Ferdinand makes me stinking rich. I mean what other option do I have. I spoke today about the pleasures and comfort of safety but I'm risk oriented and full bore - I'll just absorb the pain like a true contrarian investor.
 
Re: Birchtree 2016

PennyWizer...your Avatar...Love them thar boots!!!

pennywizer said:
Bumper sticker to read:
Gonnabeahelluvarideifjoinmyupside...
btw, if your wealthy, blame BT....uh, snort.
Congrats on Oceanic, I'm actually hoping you'll aim a little higher than POTUS. The coming "NewWorldOrder" seems to be grossly over rated, mentally bankrupt, and a wee bit of a fright.
BT, I hope your Spidey senses are tingling and Metropolis shines your Bat signal soon.....we need you to lead the way.....well if not that, please keep waxing philosophic.
Signed,
the bovine masses :o
Click to expand...
 
Thank-ya Dreamboat..... Them'er me Sundee boots.
Due north 60 miles, up I-35, Temple, VA.
60%C 20%S 20%I majority 2013
 
I'm feeling more calm today after a good nights sleep - must have been a transitory gut emotion that has passed. Well then let's party like it's 1995 again. If I can make +$19K today I'll lock a +$100K for the week. The banks are on my side leading the way forward.
 
Birchtree said:
I'm feeling more calm today after a good nights sleep - must have been a transitory gut emotion that has passed. Well then let's party like it's 1995 again. If I can make +$19K today I'll lock a +$100K for the week. The banks are on my side leading the way forward.
Click to expand...

BT,

Funny.... BTW, the banks are doing well for me too and I think they will continue to go up as the economy continues to slowly improve. I know you are slowly accumulating coal stocks as well. Althought they are hated today, I think they are where the bank stocks were a couple years ago and I'm look for a slow steady rise (double from where they are now) in them as well. Money and cheap energy is needed to drive the world economies.
 
There appears to be a wee bit of fluff in the market today but then again volume is also picking up. I would surmise that next week we'll see more back to back triple point Dow up days. The power should be impressive. This breakout is supported by a nice base that probably won't be tested for months. We could be looking at the biggest bear trap in history...wouldn't that be fun. Multiple expansion is now the game.
 
I don't know if GOOG will be the spark that will trigger an avalanche of cash pouring into the stock market. It's a flagship stock with good news and positive guidance. I'm staying in front of the Grand Trunk running as fast as my slippers will go. I heard today perhaps no tapering until very late 2014 and low interest rates for years.
 
The week that was and it was all good. My oceanic looked like this: +$27K, -$54K, +$53K, +$55K, +$48K for a pleasing gain of +$129K. I'm now ahead +$208K on the month with 9 trading days to finish up. Last year in October I lost -$1K - this year I might capture +$300K. Listen to the S&P 500's roar. Capital that is sitting on the sidelines always precedes great rallies and this time is no different - there is no other game in town.
 
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