Birchtree's Account Talk

[Birchtree]

The unfortunate reality of todays' market is that golden prices are few to be found - the days of December 2008 are gone and an even lot costs a whole lot more but when you are a collector of wall flowers nothing is a significant hurdle to overcome. So today I'm buying myself some holiday cheer: SD, MSL, BBT, BK, BCS, GT, MWV, GLT, PCL, BZH, PHM, KBH, MAS, AP. I still have a few dollars remaining for more wall flower purchases depending on the melt-up continuing - there's plenty of time. Snort.

 

[robo]

"The unfortunate reality of todays' market is that golden prices are few to be found - the days of December 2008 are gone and an even lot costs a whole lot more but when you are a collector of wall flowers nothing is a significant hurdle to overcome."


Yeah - back when we could buy shares on the cheap and I was very Bullish.....Also, back then Cramer said that the financials were going to zero..... Buy some more miners if you are looking for golden prices...I bought another traunche of GDXJ yesterday.

Now this was a High Risk Trade back then!


3/5/2009 FAS BOUGHT 5000 SHARES OF FAS AT $2.70

FAS: Summary for Direxion Financial Bull 3X Shar- Yahoo! Finance


I hope you have a nice Xmas and get to spend time with your family.

Robo

 

[Birchtree]

I'm riding the magnanimous margin machine until the young lady from the back office calls and tells me I'm now overextended - I should be another +1M in debt before that happens. The Santa Rally should start on December 26th - so I'm off to buy myself some more sweet wall flowers.

 

[Birchtree]

A few more purchases and now I can rest and watch the bulls ramp: CLF, KOL, IPI, LPX, HUN, DSX. I should have more buying power for Thursday. It does cost money to stay in this game - but the more I make the more I can make.

 

[Tsunami]

A few more purchases and now I can rest and watch the bulls ramp: CLF, KOL, IPI, LPX, HUN, DSX. I should have more buying power for Thursday. It does cost money to stay in this game - but the more I make the more I can make.

https://www.greedometer.com/margin-debt-yet-another-new-time-high/

 

[Birchtree]

You have to have confidence or be stupid to go on margin but I need the interest rate write off for my taxes and besides leverage in this economy feels so right. I'm going to chase Ferdinand as long as I'm able - if the bull market tops in 2031 - well it'll be worth the risk. No wall flower is out of my reach.

 

[Birchtree]

10 Reasons Stocks Will Go Higher In 2014 [SPDR S&P 500 ETF Trust, ProShares Short S&P500 (ETF), ProShares UltraShort S&P500 (ETF), ProShares Ultra S&P500 (ETF), ProShares Short QQQ (ETF), iShares S&P 500 Index (ETF), ProShares UltraPro S&P 500 (ETF)]

 

[Birchtree]

"Just keeping up with the current bull market means that companies (and Birchtree) have to pay 25% more for the same number of shares they repurchased last year."

The Buyback Rally Crossing Wall Street

 

[Birchtree]

Why Doing ‘Nothing’ Is Good For Your Portfolio | The Guru Investor

Exactly - works for me.

 

[hotwings]

10 Reasons Stocks Will Go Higher In 2014 [SPDR S&P 500 ETF Trust, ProShares Short S&P500 (ETF), ProShares UltraShort S&P500 (ETF), ProShares Ultra S&P500 (ETF), ProShares Short QQQ (ETF), iShares S&P 500 Index (ETF), ProShares UltraPro S&P 500 (ETF)]

And..... Bubble Talk = Melt Up
Investment Newsletter - Profit from the Pros - Zacks.com

 

[Birchtree]

Money is coming in faster than I can shovel it out - certainly ready for Thursday and Friday. Tommy Lee says the SPX index could gain another 20% in 2014. Ferdinand is acting like a 'classic' secular bull. Everyone keeps talking about a deep correction in 2014 - me, not so much. I'll settle for the 3-5% consolidations and just keep on buying my wall flowers. I have every intention of grossing over the +$2M next year. My targets will be 2400 and 24,000.

 

[Birchtree]

"Party on. Credit is cheap. The yield curve is very steep and this suggests that the ongoing primary uptrend in stocks has much further to run."

Party On! | Puru Saxena | Safehaven.com

 

[Birchtree]

All I want for Kwanzaa is my asset bubble to get larger - that's not so much to ask.

BCA: High Odds for Stock Market Bubble Next Year | BCA Research | FINANCIAL SENSE

 

[Birchtree]

Not to be braggadocio but ytd my oceanic shows a gain of +$1.425M and with 4 trading days remaining I'll need another +$75K gain to reach +$1.5M. A funny thing happened this year on the way to higher prices - the small guy missed out - well not this one. I'm prepared for considerable accumulation of more wall flowrrs before the year ends. When it comes to equity investing, you buy the future. I believe I've arrived at the sweet spot....if Wall Street is thinking about the next ten months, and you're thinking about the next ten years, case closed - that's your advantage.

 

[Birchtree]

"The S&P 500 is now up 28.55% for 2013." That certainly makes my wife very happy.

http://www.marketoracle.co.uk/Article43718.html

 

[Birchtree]

Chasing Ferdinand into the Garden of Eden searching for more happiness and buying: MTG, MDR, GXP, HD, KRO, BTU, OLN, GAS, F, TRN, BDC, BIP. And I still have a few dollars left to come back and rescue a number of wall flowers that are in waiting. Ah, this is fun throwing money at the wall of worry.

 

[Birchtree]

I'm circling back to collect some damsels still in waiting: DDR, LG, POL, BXS, CNQ. Money is still building so I'll be a strong buyer tomorrow - until then I'll rest and see what my investing life brings. As long as the market wants to give me gains I'm glad to spend myself into happiness. Snort.

 

[Birchtree]

The VIX is acting well today but the R2K is in molasses - so perhaps later on small caps will pick up some momentum.

 

[Cactus]

It's just taking a breather to give its BB time to catch up.

 

[Birchtree]

Stocks Poised To Drift Higher | Chris Ciovacco | Safehaven.com

Are we due for a short consolidation - of course we are, only not just yet. I'll be in the market buying more coveted wall flowers - get'em while they are still available at reasonable prices. If we are going further parabolic I'll just shimmy up the pole and collect my rewards.