Birchtree's Account Talk

[tctang75]

My notes tell me that on Jan. 7 BT posted a few beaten-down oil plays that held his interest.You should have paid attention, because, this has been going on since:

EPE up 42.5%, TPLM up 36.6%, SGY up 9.3%, OAS up 18.0%, LPI up 53.1%, CPE up 27.2%, CWEI up 16.6%, and SN up a whopper 79.5%.

The lone looooser of the bunch, GDP, and the ONE from this list that I picked to buy, is down 17.5%.

I dumped all my oil/energy stocks today in hopes that they’ll settle a bit, and give me nicer prices before the next run up.

 

[Birchtree]

I finally scratched up some spill money to throw away and I'm buying: CLF, MT, MCP, SD, CVO, MTG, MDR, CNHI, BAS, KEG, AKS. I still have a few dollars remaining and they'll go soon into more energy.

 

[kave]

I'm trying to scrape up a few dollars from my "Chippendale Dancin Gig" to purchase some NBR and/or SPN! I'm very bullish on these two. I'm comfortable with the decision to purchase HAL a few weeks ago!!

 

[Birchtree]

I'm dumping a little more of my spill money and buying: ACI, ANR, WEN, CBI, SVU, KOL, NFX, FTR. So many wall flowers want to participate as the bull continues to rampage. No body really wants these wall flowers but bulldaddy takes them in for safety. And I can always use a write off if necessary.

 

[Birchtree]

They're saying this is the best week in 4 years - well I won't be totally happy unless we do 1,000 Dow points. I'm just so darn greedy.

 

[Birchtree]

Mindylou reminded me today that very often, the best way to be successful in the long term is not to aim at being successful in the short run. Yup, that's the deal.

 

[wavecoder]

They're saying this is the best week in 4 years - well I won't be totally happy unless we do 1,000 Dow points. I'm just so darn greedy.

If S&P breaks out of this pattern 2150 here we come

time for the bears to inhale some hoof dust *snort* :nuts:

 

[Birchtree]

If the market holds its' current daily gain I will have made back my January loss this first week in February - now the question remains what happens during the next three weeks - could this be a +$500K month for me? I am buying some more wall flowers with a couple related to Europe: SR, IVZ, IEV, FM, SAN, TEX. So many wall flowers and so little money. I suspect my margin buying power will return quickly if the momentum of escape velocity continues.

 

[Birchtree]

My oceanic account did me fine this week even if I didn't reach my intended goal: +$105K, +$174K, -$56K, +$89K, +$20K for a gain of +$332K. We'll see what next week brings to the table.

 

[Birchtree]

It looks like energy is working against me today versus yesterday - I better buy more as they drop.

 

[Birchtree]

Picking up a few of my favorite stragglers today: TLM, BTU, DSX, CNX, CNQ, BBG.

 

[Birchtree]

I now have accumulated 27 dividend increase announcements so far ytd - L Brands has declared a 2/1 stock split. Today I'm doing light buying: CBI, LPX, NBR, HHS, TWI, TWIN.

 

[Birchtree]

Mindylou reminded me today that this is the year when the Kress yearly cycles all will kick into the upside. Once the Dow gets over 18000 the view toward 20,000 is visible. I'm buying a few more tasty treats today: KMT, CLGX, ELX, KBH, BZH, GLF, BGG.

 

[Bquat]

There you are. I was wondering about you being quiet. Now maybe something can happen.

 

[MrJohnRoss]

Mindylou reminded me today that this is the year when the Kress yearly cycles all will kick into the upside. Once the Dow gets over 18000 the view toward 20,000 is visible. I'm buying a few more tasty treats today: KMT, CLGX, ELX, KBH, BZH, GLF, BGG.

Looks like your wish is coming true. Buckle up, we're going for a ride where you've never been before.

 

[Birchtree]

I believe we have completed our recent 6 months of consolidation pattern in terms of time and price. Now with this recent rally it is fairly clear that we are entering a major new leg up in stock markets world wide. This projects the U.S. market up over 50% from present levels. Yes, believe it or not. I don't let the gloom and doom worry me - I just try to follow the money. We have had a cleansing for a trending move higher. Remember IEV contains 350 European stocks - that's a good place to shop. The only thing that matters is exactly how much capital there is out there for possible investment. Stock prices are still based on earnings, not just domestic ones, but in total.

 

[pmaloney]

YES! Yesterday was a great day and validation that if you want all the market profits you need to be in the market all the time. I'm learning and it's nice to say it on a good day.

Yesterday was a little tough for me traveling to St. Thomas and then having to go to the pool and then the lobster, shrimp, and crab buffet made me miss the excitement of the day but there was an even bigger smile on my face seeing the market results at the end of the day. :smile:

 

[Birchtree]

Ferdinand is chasing me and I'm chasing the rally buying: IEV, PFE, SGY, HOS, STO. I should be back into margin buying power sometime in March - then I can turn up the heat.

 

[Birchtree]

The question I now have is what will happen when the dollar does a back flip off its' new higher level? I suspect as the dollar begins to decline there will be a buying move toward commodities. U.S. assets will be cheap in the world of melting dollars. That means a move toward precious metals and stocks. I need to buy more AGCO and some IPI and MOS. It'll be a spending spree.

 

[Birchtree]

My oceanic account did just what I desired for the week: -$7K, +$8K, -$29K, +$89K, +$53K for a pleasant gain of +$114K. Now all I need are two more weeks of similar gains. Remember, emotions can cause you to make moves that won't help your bottom line.