Birchtree's Account Talk

[Birchtree]

Party Like It's 2011 | Seeking Alpha

 

[Birchtree]

"While the S&P 500 holds a respectable 7.3% gain for the year, the Russell 2000 - the widely followed index for small capitalization stocks - is far behind. The Russell 2000 is down 3.8% for the year and off 7.4% from its most recent high in July, leading some fund managers to fear a correction, or a fall of 10% from the peak. It was a different story last year, when the Russell 2000 racked up a 37% gain, beating the S&P's 30% advance. During previous stock-market pullbacks triggered by rate increases, small stocks fell an average 13%, while large caps took a 9% hit, according to a recent Credit Suisse report looking at data going back to 1986." Remember forward looking indicators are surging - it's buying time again.

 

[Birchtree]

Now my position in DWA is being bought out - if this keeps up all my wall flowers will be gone.

 

[WorkFE]

if this keeps up all my wall flowers will be gone.

Haters

 

[Birchtree]

Retirees, You CAN Count On Dividend Stocks To Deliver From Here | Seeking Alpha

"By developing a portfolio consisting of dividend growth stocks and reinvesting the dividends right back into the same stocks until you need the income, you will set yourself up for a more secure financial future."

 

[Birchtree]

Whew, this pain is certainly welcomed. I have 20 dividends due today and another 10 for tomorrow - so I'm getting golden prices which long term is very beneficial. We may evetually see a 10% correction in the small caps and that's cool with me. Staying in to win.

 

[Birchtree]

This is purrfect as long as the market remains above 1900. A break below 1900 would be a first sign of caution. I suspect the bounce will come hard and fast so now is the time to buy. If Mario finally steps up with QE we'll rally hard.

 

[markmars]

It's close to 1900 the next week will be Interesting.

 

[Birchtree]

It appears that Mario is all talk and no walk - simple. I did get some nice dividend prices yesterday but the cost in unrealized gains was painful but I have even more dividends due today so another day of weakness would be fine. No pain no gain as they say.

 

[amoeba]

Fat Lady, where art thou?

This is purrfect as long as the market remains above 1900. A break below 1900 would be a first sign of caution. I suspect the bounce will come hard and fast so now is the time to buy. If Mario finally steps up with QE we'll rally hard.

Lagarde had long term caution on several counts....including "normalization" of monetary policy.....IOW - - - no more QE. The US market, last to react to past hints, is not unexpected.

There were some sizable trades at 1,925 - - - but these could either be short covers - or bets on a bounce above the 200 EMA (1,900).....it remains to be seen if the market reverses today, tomorrow (jobs report), (or more decidedly - - - through monday's COB), or if we finally hear from a Fat Lady (correction) - which would be around 1,800.

 

[Birchtree]

amoeba,

Would you kindly return my Birchtree's Account Talk - I've forgotten how to do it. Thanks.

 

[Birchtree]

http://www.marketwatch.com/story/theres-no-bear-market-in-sight-say-dow-theory-experts

"We expect the next 20% move in the market to be up."

 

[Birchtree]

"The WSJ Dollar Index is up 8.6% from its recent low last October and finished the quarter at a four year high. An appreciating dollar could make U.S. stocks and bonds more attractive to overseas investors. European stocks have valuations that are lower. Eurozone stocks are undervalued by 30%, while U.S. stocks are overvalued by 5%." I'm holding my tugboat (TSP) position of 20C and 80I for the next several years.

 

[markmars]

http://www.marketwatch.com/story/theres-no-bear-market-in-sight-say-dow-theory-experts

"We expect the next 20% move in the market to be up."

Well we are on a upbeat for today!

 

[amoeba]

Beautiful Bountiful Birchtree's Account Talk

amoeba,

Would you kindly return my Birchtree's Account Talk - I've forgotten how to do it. Thanks.

you can type in any title in either the quick reply, then advanced, or when replying with quotes, as I've done above.

 

[Birchtree]

Thankyou

 

[Birchtree]

A lead article today from my WSJ. "Nuts-and-bolts companies power Japan's profit revival. Corporate Japan is posting record profits again. It has companies like Toray to thank, again. Toray isn't a household name outside Japan. But unlike some such as Sony Corp. that are, Toray Industries is thriving, along with other companies in more pedestrian industries that are helping lead Japan's come back from two decades of economic torpor." Patience is virtuous with the I fund - Japan has a 23% component.

 

[markmars]

A lead article today from my WSJ. "Nuts-and-bolts companies power Japan's profit revival. Corporate Japan is posting record profits again. It has companies like Toray to thank, again. Toray isn't a household name outside Japan. But unlike some such as Sony Corp. that are, Toray Industries is thriving, along with other companies in more pedestrian industries that are helping lead Japan's come back from two decades of economic torpor." Patience is virtuous with the I fund - Japan has a 23% component.

I'll take it! The I fund can be a rollercoaster!

 

[GUCHI]

Glad to hear positive words on the I fund

 

[Birchtree]

If you ask me, today was just another day of foolishness - we usually get at least two of them each year. We'll probably come back as fast as we went down. My plan is to hold as I usually do and I may do some serious buying tomorrow. I've been saving cash for a down payment but will spend it on opportunity and make more cash next month. In this type of market you just have to swallow hard and step up to the plate - Mario is getting ready to do something courageous with the ECB.