Birchtree's Account Talk

[Birchtree]

My oceanic account did manage to pull in a few diollars this week: -$3K, +$53K, +$3K, +$41K for a measly gain of +$94K. Many dividends due next three trading days and some are oil related so that'll be beneficial for Kwanzaa celebration. The market is technically ready for a big run into next summer.

 

[bmneveu]

My oceanic account did manage to pull in a few diollars this week: -$3K, +$53K, +$3K, +$41K for a measly gain of +$94K.

Must be nice to be able to speak so lowly of a hundred thousand dollars!

 

[Birchtree]

"The Dow/s crossing of 18000 is the latest milestone in the nearly six-year bull market. The move to 18000 was the fifth quickest 1,000 point rise for the blue-chip index. It has been 119 trading days since blue chips broke 17000. The fastest 1,000 point rise was in 1999, when the Dow jumped o 11000 in just 24 trading days." We are currently sitting at +982 points in 7 trading days - only need 18 points for an 8 day period for a record. Will it happen today? "In 2014, robust economic conditions in the U.S. have combined with sioftening global growth and expansive central bank policy to create an unusualk sight: record stock indexex alkongside ultralow Treasury yields." When will the Dow RSI hit 80%. The market is set in rally mode into next summer. But remember this market is likely to suck 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. I'll take my chances for another +$1M in 2015.

 

[Valkyrie]

bubble prediction for 2015 = $$$$$

A FEW GUESSES FOR 2015: and a brief comment on biases - Smart Money Tracker

 

[MrJohnRoss]

[h=1]Gastronomes Foraging for Bargain Truffles Are in Luck[/h] [h=2]Glut Ripples Through Pricey Eateries; Only $900 a Pound[/h]Perhaps a few truffles for the common folk. Snort.

 

[MrJohnRoss]

... When will the Dow RSI hit 80%. The market is set in rally mode into next summer. But remember this market is likely to suck 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. I'll take my chances for another +$1M in 2015.

Here's to living dangerously in 2015, Chief. Let's hope that pyroclastic collapse holds off another year.

May you earn more than you can imagine in the coming years.

Best wishes,

John

 

[Birchtree]

I ended up the year with 167 dividend increase announcements and have 14 dividends due today - so a little weakness is welcomed as usual. Last year I had 158 dividend increase announcements so I'm in the zone for my income stream to stay ahead of inflation going forward. It's going to be a fun year and I'll be adding to my energy positions.

 

[Birchtree]

Potential Upside Target for GDXJ | Jordan Roy-Byrne | Safehaven.com

 

[Birchtree]

I haven't paid any attention to this market all day - perhaps tomorrow it will capture my attention. I did pick up some nice dividends though.

 

[Birchtree]

Gosh another down day - bring it so I can swing it. Dividends are always working - especially on down days. "Even with higher rates, Adam Parker, Morgan Stanley's chief U.S. stock strategist, believes stocks can rally as long as five more years, taking the S&P 500 to 3000 before the bull market ends. For 2015, Mr. Parker forecasts a climb of 10% to 2275." I'm holding to my number of 2400 for 2015.

 

[Birchtree]

I was just told bt a nice young man from Merrill Edge that I now qualify for 100 free trades a month and that also gives my wife 100 free trades/month. Now if I just had more money to spend on oil stocks - the day will arrive. I have several buyouts that will get completed and then I can turn on the afterburners.

 

[MrJohnRoss]

I was just told bt a nice young man from Merrill Edge that I now qualify for 100 free trades a month and that also gives my wife 100 free trades/month. Now if I just had more money to spend on oil stocks - the day will arrive. I have several buyouts that will get completed and then I can turn on the afterburners.

Well, I suppose every little bit helps. A little more money in your pocket never hurt.

 

[hotwings]

I was just told bt a nice young man from Merrill Edge that I now qualify for 100 free trades a month and that also gives my wife 100 free trades/month. Now if I just had more money to spend on oil stocks - the day will arrive. I have several buyouts that will get completed and then I can turn on the afterburners.

Agree on buying some oil stocks. My wife and I are slowly DCAing into the VDE with our 2015 IRA contributions. Some drips into BTU as well. This reminds me of the big bank stocks a few years ago.


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[Birchtree]

If anyone feels like they have been cast into perdition because of our current pyroclastic collapse - have no fear we are not even close. The bottom is in.

 

[bmneveu]

I was just told bt a nice young man from Merrill Edge that I now qualify for 100 free trades a month and that also gives my wife 100 free trades/month.

Because of your account balance, time with them, or are they scared you are gonna pull your money out due to the volatility? If it's the latter, they apparently don't know you well enough!

 

[pmaloney]

SLB almost made it $80 today but I've got a long wait for the mid 70s. What do you think of KMI?

 

[Birchtree]

http://seekingalpha.com/article/2806345-dow-20000-is-2015-the-year

 

[Birchtree]

Energy Stocks: The Opportune Time Is When Both A And B Occur | Seeking Alpha

 

[pmaloney]

Thanks!

 

[Birchtree]

The first full trading week of January was not pleasant - so what else is new. Here is how my oceanic account performed: -$159K, -$111K, +$53K, +$115K, -$73K for a give back of -$175K. Next week should be better with some good earnings getting the animal spirits warmed up.