Birchtree's Account Talk

[coastalite]

The Dow could crash to 2000 pts and birch would still be all in and bullish. golden prices to collect more wallflowers from dividends *snort*

LMFAO!

If the Dow went to 2,000 - there would probably be a lot of people on Wall Street looking for buildings to JUMP out of.

On the other hand, if the Dow went to 2,000 - there would probably be a lot of unhappy folks looking to THROW people from Wall Street OUT of buildings - lol.

 

[Birchtree]

I believe sniper meant to say if the Dow were to crash 2000 points - it would still be over 14000 and a great buying opportunity for the unafraid and ruthless contrarians like myself. I'll be prepared for any correction that dares walk my way.

 

[Birchtree]

"What five smart bulls to include Birchtree say now."

What five smart bulls say now - Howard Gold's No-Nonsense Investing - MarketWatch

 

[Birchtree]

http://blogs.marketwatch.com/thetel...money-have-already-boarded-the-boat-to-europe

 

[hotwings]

Stepped in for a few stragglers this morning: CX, F, GT, RF. Doing my part as a dip buyer.

I stepped in for a few for my long term investment.... picked up a few WLT, BTU, AKS and CLF.

 

[Birchtree]

"More equity money and fewer equities means rising prices."

http://www.marketoracle.co.uk/Article43891.html

I did manage to acquire a few dollars in my oceanic account this week despite marauding weakness all week long: -$27K, +$32K, -$4K, -$2K, +$35K gaining +$34K.

 

[Rube]

Birch, Regarding that "Boat to Europe" blogpost: What was that fund you mentioned many months ago that held only the Eurozone equivalent of S&P's 100?

 

[Birchtree]

I believe that would be a Vangard fund (VGX).

 

[Birchtree]

Anybody seen my breakaway gap - stay tuned. I'm going to maintain a bullish stance in perpetuity - or at least until 2016. Often rising stocks kindle worries of a melt up - so what - stock markets often have an instructive need for catharsis. Long, uninterrupted market runs inevitably invite speculation from bears as to how much more they can be sustained. Next week could offer up tremendous spill money for me to chase Ferdinand into the next horizon. I'm staying full bore with no hesitation. There is plenty of money to be made in this mega trend secular bull market yet - and I want my greedy share. History suggests there will be no major correction in Q1 because it has been shown that it takes at least 3-4 months of a less than 50 percent reading of stocks over their long term 200 day moving average before a substantial decline can begin. We are a long ways from that yet so everyone should just relax and enjoy.

 

[Birchtree]

"1982: Would you have predicted an 18 year rise in stocks? In 1982 stocks were on the verge of exceeding even the wildest bullish expectations." And yes, I was there sitting fully invested just like in 2009.

2014: Leverage The Power Of Now In Investing | Chris Ciovacco | Safehaven.com

 

[OBGibby]

.....History suggests there will be no major correction in Q1 because it has been shown that it takes at least 3-4 months of a less than 50 percent reading of stocks over their long term 200 day moving average before a substantial decline can begin. We are a long ways from that yet so everyone should just relax and enjoy.

So it shall be written, so it shall be done!

 

[Birchtree]

Presidential Cycle Inverting? | Tom McClellan | FINANCIAL SENSE

 

[Birchtree]

Birch, Regarding that "Boat to Europe" blogpost: What was that fund you mentioned many months ago that held only the Eurozone equivalent of S&P's 100?

Rube,
Here is the correct answer - VGK. Vanguard MSCI Europe ETF owns the biggest 350 companies by market value/

 

[Birchtree]

I have 15 trading days remaining this month to collect a gain of +$300K to get some spill money to chase Ferdinand. Looking back my oceanic took in +$283K in JUanuary 2012 and +$304K in January 2013 - so my objective is not unreasonable to my thinking. I'm anticipating some large gap up openings real soon with all the remaining liquidity rushing through the front door - a 70 point gap up on the SPX would set the right tone for forwad momentum. The stars are aligned to catch most everyone off guard as the market sprints to 1950. So many homely wall flowers to purchase for the bouquet - some are already roses looking to graduate out on their own. Can you believe that in 2013, the Japanese stock market rose at the fastest rate since 1972 as deflation appeared to end. Their economy also grew at the fastest rate in decades. And now Europe wants to import our fracking natural gas as a feed stock for their manufacturing - they are going to build 'cracker' plants in the U.S. Gosh everything looks bright. Snort.

 

[Birchtree]

Forecast 2014 What if Art Cashin is Correct! | readtheticker | Safehaven.com

 

[Birchtree]

Technical and Fundamental Arguments Against the Secular Bull Thesis | The Reformed Broker

 

[Birchtree]

"Conditions are set for a very good year in European equity markets."

Why Europe and Japan should outperform the U.S. in 2014 | Financial Post

 

[Birchtree]

Well I'm not going to make any money today - but I do have four dividends due so all is not lost.

"Some of the best periods to invest are when the general business news is negative - or just plain boring."

Will the bull market in U.S. stocks last? | Financial Post

 

[Birchtree]

If I recall it wasn't that long ago when we experienced a +294 point day - same thing could easily happen in an instant. I could simply take some capital gains and hide out from the bears but then that would be no fun - time will come when harvesting is appropriate but not yet. Now back in May 2012 I gave up -$427k and survived - however I would not like to see that again but it'll probably be my destiny - no pain no gain. There is no valid reason for me to cut and run - afterall I've got dividends that like doing the heavy lifting with golden prices - it's all about the income stream growth.

 

[rspring]

This market is on eggshells waiting for it to crack. That is what kept me on the sidelines last year,
waiting for the big correction that never happened. I find it interesting the Fed reserve non-voting members decided to help manipulate the market today. I have decided to stay the course this year because things have definitely changed for the better. Hopefully the downside will be limited and if earnings are stronger than expected who knows where we will be two weeks from now.