Birchtree's Account Talk

On a personal note several years ago many or at least some on this board just wished I'd go away - why because I was so bullish. I'm still here and the mega trend secular bull is still making me mucho money. So being a contrarian does pay dividends - but I'm not turning bearish for at least 15 more years. So enjoy my thread when you find yourself on the wrong side. Making money is fun but remember sometimes it does rain but all flowers need watering. I'd recommed no one abandon the S fund but add to the pain you are currently experiencing.
 
Ahh! I miss all that good dialog you had with Whimpy and Techno Bucks, followed by the words of Spaff! What an ever changing world.
 
Darn, it was almost a clean sweep for my oceanic account: +$38K, -$75K, +$49K, +$33K, +$48K for a close of +$93K. Now on to next week which for the last four years has been negative.
 
"Essentially, there are times to focus on the return ON your money and other times to focus on the return OF your money. The Ted Spread is showing a very benign reading and suggests all is well in the credit system. Short interest on the NYSE is at the highest level since 2011 and 2012 and has the potential to add fuel to the market should a short-squeeze occur in the markets

http://www.financialsense.com/contributors/chris-puplava/changes-margin-bulls-gaining-ground
 
Several records broken today - I believe one of them was four consecutive up days. One of the most bullish things that can happen to any market is for it to reach new multi-year highs. New highs are endemic to bull markets. Prepare yourself for some true lunacy ahead as we start the next leg from such nose bleed levels. In this aging bull's favor, it's still cheap to borrow to buy and build. All in is the only way to play this game. A wise investor is posutioning for a year from now. I'm still on course to net +$1M for the year.
 
"Yields on certificates of deposit were mostly unchanged in the latest week. (yeah) The average yield on six month jumbo CDs, which typically require deposits of $95K or more, remained unchanged at 0.15% from the week earlier. The yield on five-year jumbos, however, fell to 0.81% from 0.82% the week earlier." Now isn't that exciting for the chicken littles.
 
"What a shame if a small investor stayed out of the markewt when the DOW rallied almost 200% over the past 6 years. That can't be good for the retirement account." Will the chicken littles miss the next 6 years - probably. I've done my best but there is only so much I can say.
 
Slowly sliding into June - but tomorrow the romp a-thon may continue depending on the GDP data. So today was the pause that refreshes.
 
It would appear that my HSH (Hillshire Brands) is in play - I could use a couple more of those bidding wars 'cause I got plenty to fight over.
 
Back
Top