Birchtree's Account Talk

And slow momey is what I got this week. The oceanic account looked like this: +$85K, +$40K, +$1K, +$19K, -$11K for a splendid gain of +$134K. Better luck next week I think. I'm anticipating my 105 September dividends to really help with the heavy lifting but the market might just start a rampaging stampede to Dow 17,500 and fast money is fine. It's a fun game when big dollars are at work.
 
And slow momey is what I got this week. The oceanic account looked like this: +$85K, +$40K, +$1K, +$19K, -$11K for a splendid gain of +$134K. Better luck next week I think. I'm anticipating my 105 September dividends to really help with the heavy lifting but the market might just start a rampaging stampede to Dow 17,500 and fast money is fine. It's a fun game when big dollars are at work.

Good god man!!! Congratulations on an outstanding week! What is an oceanic account?? And what do I have to do to get one??
 
Good god man!!! Congratulations on an outstanding week! What is an oceanic account?? And what do I have to do to get one??

start at 30 or as soon as your realize life is a gift not a dream, then put the hammer down, grit your teeth with a big ole shoot eatin grin, contribute the max you can afford for at least 30 years, and never look back until them suckers can't never touch you no more.

at least that's the formula near as i can tell. be careful though, if you see too much there will a great temptation to squander it all today in the moment. but who knows? you might someday be surprised how long you live.

if i was going to write a book about birchtree investing, that would both pages of it.

footnote... it takes big balls.
 
I fully anticipate that my equity line will be +$10M by the end of 2015. I suspect that Mario is going to spring a big market surprise with his wide open blow the doors off the ECB with a very substantial QE. If that happens there is no market top for many years to come - low interest rates until time stops. Be in to really win. Snort.
 
I fully anticipate that my equity line will be +$10M by the end of 2015. I suspect that Mario is going to spring a big market surprise with his wide open blow the doors off the ECB with a very substantial QE. If that happens there is no market top for many years to come - low interest rates until time stops. Be in to really win. Snort.

Don't let yomama know you got that stash, else they'll demand that you share that wealth. Damned 1% need to give to the needy folk, ya know.
 
I thought we might gentley slide into September but I may be wrong - it'll just cost me more to reinvest my dividends. The unrealized gains however will soothe the greed. So hang on tight for a rampaging ride to uncharted territory. I'll be using my margin gains to pull some cash and spend the rest on my wall flowers. Never let a bull market get away from you - stay with the trend.
 
Get ready and be prepared for a massive wave of panic buying that will send Treasury yields plunging back to record lows, well maybe not record lows but below 2%. Mario is getting ready to jump the shark and drive the euro to new lows also with a big QE move. He won't wait until their next meeting in December. Looking back to the beating I took in July with my small cap portfolio the fast selling velocity that spooked so many is not characteristic of young bear markets. Instead it is a bull market correction phenomenon. Staying long for years ahead. High velocity selloffs like July are not seen in early bear markets - the top is months away.
 
I like to make money but I am starting to get emotional, not necessarily fear though, I do have my sticky pants on. This market is likely to pull everyone in no matter how stretched everything becomes and no matter how great the risk of being cast into perdition in the pyroclastic collapse to come - let it burn baby, I'm not moving.
 
I guess what I'm saying is that the day is getting closer when I'll be pushing $100K either way, up or down on any particular day - that makes me nervous.
 
"The stock market today is marked by lukewarm investor sentiment. Many individual investors remain reluctant to dive into stocks after being burned by the financial crisis six years ago. Some market observers say the overall lack of enchantment with the stock market could signal more gains ahead as many buyers come forward. The stocks in the S&P 500 were trading at 23.1 times their expected 12 month earnings as of March 31, 1998, according to FactSet. As of Friday, the S&P was trading at a price/earnings ratio of 15.5, compared with the 10 year average of 13.9." If you listen closely you can hear the muffled cries from the wilderness - get me in at any price.
 
"The stock market today is marked by lukewarm investor sentiment. Many individual investors remain reluctant to dive into stocks after being burned by the financial crisis six years ago. Some market observers say the overall lack of enchantment with the stock market could signal more gains ahead as many buyers come forward. The stocks in the S&P 500 were trading at 23.1 times their expected 12 month earnings as of March 31, 1998, according to FactSet. As of Friday, the S&P was trading at a price/earnings ratio of 15.5, compared with the 10 year average of 13.9." If you listen closely you can hear the muffled cries from the wilderness - get me in at any price.

True. But if the market has a slight pullback you might see more of the sideline money jump in.
 
It's known that greed begets greater greed and I'm feeling over the top greedy. I still think there is a 300 point gap up on the way and that will send out the signal - come out of your bunkers. Waiting to see if Mario is going to walk the talk and blow up the ECB.
 
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