Birchtree's Account Talk

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Birchtree said:
"Stock market bears can't get going."

http://www.marketoracle.co.uk/Article43287.html

I read a recent article regarding how QE was ruining the retirement potential for people that rely on interest rate increases and how poorly they were doing. I decided not to post it because it was so sad. I on the other hand now have 144 dividend increase announcements ytd - with another month to go. My retirement is going just fine and my dividends are growing - the next ten years should be gracious.
Click to expand...

I hope all of those people thank you when Obama strips away all of the fruits of your hard work and gives it to them.
 
Anybody seen my breakaway gap up? Everything is coming together - over whelmed and dazed - absolutely amazing. Keep looking for breakdown, and there aren't any - very 3rd wavish in all respects. Third waves are wonders to behold because they take place on trend line violations where everyone finally acknowledges the direction of trend and starts throwing in the towel. The wall of worry will remain intact until the price pattern is near completion. I'm still looking for more back to back 100 point days - especially four consecutively - that would be a record and December might just be the month for it to happen.
 
"Remember, throughtout recorded history, such breakouts following a lengthy trading range have always been followed by a multi-year secular bull market - primary trend should remain up for years." The ability to think far into the future - years and decades - is not something that comes easy. But it is essential in order to be a successful investor. So 2014 is going to be my breakout year and I will leverage up until my shorts are tight - now is the time to increase debt levels and accumulate more equity for my income stream. If December is good to me I'll spend everything I make.

Ride The profitable Wave | Puru Saxena | Safehaven.com
 
BT,
First, Happy Thanksgiving!
Second, thanks for all of your help and advice. By far the most profitable year for my wife and I...EVER! We have stuck in there and stayed fully invested resisting the urge to cash out. Thanks impart to you and others on TSP Talk. We plan on staying the course for 2014. Looking forward to another BIG YEAR!

Thanks again for all the help.
GB
 
Most of my hoofhearted friends recognize that we are going to be in a TINA (There Is No Alternative) market for years and you have to be in to win. Those sitting on the dock of the bay will at some point capitulate and spend their money on equities - their anxiety will have them on valium. "We could very well be seeing a secular bull market in the making because there's such good breadth. Going into the last month of the year, some 73% of stocks in the S&P 500 stock index are above their 50-day moving average. With the index on track for its best gain in 16 years, that rising tide has lifted most boats says Paul Hickey, cofounder of Bespoke Investment Group."
 
I own around 300 individual stocks plus or minus and plan to add more during 2014 - harvesting in the garden is my approach.

I did not meet my November objective of +$200K but came in at +$128K. Now I'll focus on December with a goal of +$400K and see how close I can get to it.

The week was not exceptional: -$20K, +$24K, +$19K, +$4K with a gain of +$27K. Seems like a breather and coiled for a nice positive gap up on Monday. Ytd my gain for the oceanic account is +$1.261M - a good gain in December would be greatly appreciated. Thanx Santa.
 
Can you feel it, capitulation may be close - don't surrender to fear of buying - a huge rally is approaching. I'm still thinking this market is exhibiting the characteristic of a 3rd wave up, which is parabolic in nature.
 
I counted 17 dividends rolling in for reinvestment today - so a bit of daily weakness is beneficial for the longer term. There's always a silver lining somewhere.
 
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