Birchtree's Account Talk

[bmneveu]

BT,

Hope you have been DCAing into some of your favorite Coal plays over the past few weeks...

I just picked up some ARLP. Trading Ex-Dividend tomorrow and yields over 6%.

 

[Birchtree]

"We are coming into the seasonally strong part of the year but of course why should that mean anything. The seasonally weak part of the year, Septemb er and October was up over 7.5%."

Every Bull Market Feels Like A Bubble [Google Inc, Facebook Inc, Freeport-McMoRan Copper & Gold Inc., The Boeing Company, CBS Corporation, Viacom, Inc.] - Seeking Alpha

 

[Birchtree]

Don't Miss the Opportunities in Resources | Frank Holmes | Safehaven.com

 

[Birchtree]

http://www.marketoracle.co.uk/Article42998.html

 

[Birchtree]

Baby boomers are still underinvested - not me, I'm in up to my nostrils and I plan to stay that way for sometime to come. I now have 134 dividend increase announcements with two months to go.

 

[EricDeLee]

Yikes! Where are these nov gains??? Lol

 

[Geaux4it]

Yikes! Where are these nov gains??? Lol

Sell the news no doubt. Why a positive tanks the market makes one wonder if a positive GDP, perhaps leading to tapering, is not good for the country. As always, big money knows more than me. Lol

-Geaux

 

[JTH]

I'm in the G-Fund...

View attachment 25873

 

[JimmyJoe]

I'm in the G-Fund...

View attachment 25873

My second move now. I went 25f, 40c, 15s, 15i. So when Thanksgiving week comes around I'll drop the f to go to 25% g fund and start DCAing my way back totally in, or that "01% to a whole % point." Ain't that cool. Cos like Ross said, all my stocks went to red today which tells me something about stocks in general presently. I'm seeing a two week drop down "and give me ten." Unless I change my mind prior to 12 est.

 

[Birchtree]

"An increase in margin debt is really a story of investor sentiment."

http://www.marketoracle.co.uk/Article43033.html

 

[Birchtree]

"Positive trends continue to drive stock market."

http://www.marketoracle.co.uk/Article43031.html

 

[Birchtree]

"Scared money don't make no money."

 

[Birchtree]

Here is what happened to my oceanic account last week: +$61K, -$45K, -$6K, -$94K, +$95K for a gain of +$11K. Well at least it was a gain. I simply need more escape velocity to accelerate past a monthly +$200K gain.

 

[Birchtree]

3 Reasons Stocks Could Move Significantly Higher | Chris Ciovacco | Safehaven.com

 

[coastalite]

BT,

Hope you have been DCAing into some of your favorite Coal plays over the past few weeks...

Uh, what does "DCAing" mean?

 

[EricDeLee]

Uh, what does "DCAing" mean?

Dollar cost averaging

 

[EricDeLee]

Birchtree... I know everything is red right now... But I'm fairly confident that it will change to Green after the Talking Fed Heads. Are you ready for another small boost for the week?

 

[Birchtree]

I'm always open to a small boost but I'd prefer a big stinking pile of bull manure deposited on my porch as a sign of the bull market in full force mode. There is an explosion coming and will happen once everyone looks the other way.

 

[Birchtree]

The best gains made from DCAing is when good money is thrown away into a declining asset while acquiring more assets at golden prices - I've been doing that with banks and coal stocks. If coal rebounds then I'm in the sweet spot with my spill money. I'm now dollar cost averaging my bank holdings on their way up to who knows where and I want more coal in my stocking for Christmas. Making slow money is the best money. I never invest for fast money - any time fast money has come my way is because I sitting on my duff waiting for Godot - and then boom up we go.

 

[hotwings]

The best gains made from DCAing is when good money is thrown away into a declining asset while acquiring more assets at golden prices - I've been doing that with banks and coal stocks. If coal rebounds then I'm in the sweet spot with my spill money. I'm now dollar cost averaging my bank holdings on their way up to who knows where and I want more coal in my stocking for Christmas. Making slow money is the best money. I never invest for fast money - any time fast money has come my way is because I sitting on my duff waiting for Godot - and then boom up we go.

BT,

That's one of my strategies as well. I expect to see a little more bang in the coal stocks going forward though. At this point, the banks seem to be the safer way to go...slow and steady. Bottom line, we need energy and money to grow the world economies so we need to carve out a part of our long term investment portfolio for them.