Birchtree's Account Talk

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Birchtree said:
The advance/decline line has climbed to a new bull market high. All I really want for Christmas is three hundred thousand more dollars in my oceanic account - there is still room for growth among my wall flowers. So open the door and let'em in.
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+30% ?? Not gonna happen. You'll get your gain, just not that much. Besides, we don't want your worst nightmares to come true, Chief Heisenberg.
 
Take it from an oinker - greed is good - oink, oink. I still think the potential is there to pull down +$300K for October. In November the market will woosh higher and provide me another +$300K - it's impossible to stop with so much liquidity and a dying obamacare - capitalism will rule.
 
Here comes the first triple digit Dow gain of the week - only three more triple digit days needed back to back to break the old record. The strongest bull market in history can do whatever it wants. Snort.
 
Birchtree said:
Here comes the first triple digit Dow gain of the week - only three more triple digit days needed back to back to break the old record. The strongest bull market in history can do whatever it wants. Snort.
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There were some real smarty pants who got out for this week. Oh well. Now Friday is gonna kick their ass.
 
Made a few wall flower purchases today: TKR, TITN, FOE. As of today I need to gain +$45K in my oceanic account during the next 5 trading days - if that happens there goes another rubber tree plant with a monthly gain of +$300K. November could be hot, hot, hot - with another gain of +$300K - it's going to be unstopable as the cry from the wilderness exclaims - get me in at any price. You can feel the tape tension building and when it explodes stand back from the exhaust.
 
It actually turned out to be another good week for my oceanic account: -$9K, +$49K, -$31K, +$38K, +$19K for a gain of +$66K. Now all I need to do is make +$26K next week and I'll lock a +$300K monthly gain and then on to November. I plan on taking some capital gains in the spring and reinvesting most of those gains in the continuing bull. I don't want to get too braggadocio because this market can cut me off at the ankles at any moment but until then I'm riding full tilt. If the market goes into hyperdrive with more momentum ascents then that's simply destiny. So far slow growth is wonderful.
 
Birchtree said:
It actually turned out to be another good week for my oceanic account: -$9K, +$49K, -$31K, +$38K, +$19K for a gain of +$66K. Now all I need to do is make +$26K next week and I'll lock a +$300K monthly gain and then on to November. I plan on taking some capital gains in the spring and reinvesting most of those gains in the continuing bull. I don't want to get too braggadocio because this market can cut me off at the ankles at any moment but until then I'm riding full tilt. If the market goes into hyperdrive with more momentum ascents then that's simply destiny. So far slow growth is wonderful.
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Bragg all you want Birch. I've grown to like what you say. Very inspirational. I am following your lead. I'm staying in for another year or more. I'm riding this wave.
 
Everything is lined up for another positive winter season for stocks - and it could be very surprising. I'll have to check the astrology website. With the idea of QE infinity until at least March and no interest rate increases for another 3-5 years now is the time to leverage up and many investors are doing just that. I do know that anxiety levels are going sky high because the very dangerous stock market is the only game in town and soon the global world will capitulate and buy anything that moves. If the winter rally has an average magnitude we'll easily see a Dow beyond 16,000 and I'm being conservative. I believe the SPX did pierce and close above the overhead trendline resistance and every TA guy is going to see that.
 
After checking my Merrill Edge account it appears the margin clouds have finally parted and I'm ready to do some serious buying - this is what I've been waiting patiently for to kick start this old man into some real cool fun. You have to swing big when it seems outrageous to be doing so. The plan is simple - the more you buy the more you can make - the more you make means the more you can buy - leveraging up and it may run on for a long time. So I'm going to party like it's 1995 and not look back.
 
What kind of temperment is needed to be a good investor? Tenacity is vital. So is patience. And so, too, is an ability to keep a sane perspective. Being wrong comes with the franchise of an activity whose outcome depends on an unknown future. I find it's best to remain cool and collected regarding this market. You must remember that the reasons we get paid more as equity investors are the ups and downs we experience in the market. To stay true to your investing strategy, you must act the opposite of how you feel. I feel nervous and I don't know when things are going to turn around and head back downhill - but I do know that I must be opportunistic today. I'm a buyer next week.
 
I'm still holding out for 4 back to back triple digit Dow gains that will set things afire like pyroclastic rockets. This next rally phase is going to be something else. I predict it's going to be the greatest speculative stock market explosion the world has ever seen - yes I'm serious. The mighty third phase is coming while most of the world is sitting with cash. The planet is up to its neck in fiat money, and once the third phase of the bull market is swinging and cranking up, this money will want to be in stocks. I'm a buyer today on the opening.
 
Here are my recent buys: BMY, CNX, MT, BCS, LNG, CNQ, EBF, DCIX. I may come back later and buy more depending if we rally or not - I prefer to chase at this point.
 
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