Birchtree's Account Talk

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Sensei said:
Birchtree - where are you? Everything all right? Your profile says you were last active 5 days ago. Disappearing is something I do, not you. I hope you are well.
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Ditto.
Also would welcome any observations you may care to share about Greece, China etc.
(Rookie investor.) :smile:
 
Thanx for the inquiry - I'm doing just fine, absorbing the pain and buying stock every day. The Dow will sometimes penetrate its' 200 day moving average and scare the you know what out of the individual players - me I see the market moves as a small blessing. I'm buying equities cheaper with a higher yield for my income stream. So I'm sticking with my program of treading where angels fear to go. I've recently had a cash merger buy out and also another 2/1 split on another stock - money is just flowing.
 
Mr. Birchtree, I would like to reiterate my post below and would welcome any observations on Greece, China, or the market in general you would care to make/share.
For that matter on any topic you choose.
Be well.
I would wish you Good Luck but you've shown repeatedly and quite clearly you don't need it.
(should there be any doubt, that was a compliment :D)
 
I see I've been tossed overboard just like Goldie Hawn - it don't matter. It's my party and I'll cry if I want to, cry if I want to, cry if I want to, you would cry too if it happened to you - I think by Leslie Gore. Since the 350 point crack in the Dow I've made 40 dollar cost averaging buys into existing positions and the dividends keep rolling on. June was an excellent month for dividend reinvestments and I have 60 due for July. The bull market continues. When the Dow first closed above 10.000 in 1999, it only took another 24 trading days for it to close above 11,000.
After the Dow achieved 12,000, it only took seven months to hit 13,000 and then three months to hit 14,000 in July 2007. Can you see the potential of this market power? Everyone should stay alert and stay in to win.
 
Rochester says the multi-year global stock market rally continues. The rise will be led by continuous slow economic growth combined with low interest rates. That's one of the best environments for stock investing. I now have 85 dividend increase announcements with only 82 left to match 2014 - it's like a very nice pay raise.
 
More people seem headed into the I fund - another approach would be to buy the ETF IEV which contains 350 of Europe's largest stocks and sit back and wait for the escape velocity to take you to the land of profits.
 
You can hit bulls like Birchtree with all manner of negative data and nothing seems to stop them. Why? Because zero interest rates, overwhelming liquidity and the belief bailouts are here to stay means risk has no negative consequences. The primary driver of the rally going forward will be the continued skepticism by investors. Although the recovery has been less than robust it has outpaced expectations and I believe this trend will continue. With 60 shades of grey the major objective of all the money printing and low interest rates has been to create inflation, which includes Birchtree's asset price inflation.
 
They're saying to expect more pain in the energy patch - well I don't care, I'm buying everything I can if it smells like oil. The smell of superlative bull manure is wafting across the board today.
 
If we want to be bullish in this volatile market one must have cajones like BT, he runs with bulls, he may take some lumps and bumps; when down but he always gets up, always. Heck, BT must be one of these bulls dumping investors off the gravy train.

 
BT, what do you think the future holds for ANR (ANRZ)? Do you think they will pull through with a Chapter 11 or do you think it will belly up?
 
I'm prepared to take ANRZ as a tax loss carry forward if necessary - but I'm not giving up yet. I wish the Donald would go after the over reaching EPA for the serious damage they have created in the coal patch and the loss of all those jobs. You just can't run this country on wind mills and solar panels that are only 47 % effective. We should be able to export all the coal that is dugup. So I'll take my hits and move forward - this rally has many more years to run and having some tax loss carry forward is a small blessing. I'm still buying energy stocks even though I seem to be on the wrong side - but that's what contrarian investors do. I'm even buying gold and silver stocks for the wife's IRA primarily for the income stream. I'm debating about selling my SIG to raise more cash to continue buying all those cheap energy stocks - the frackers are really golden if one has the courage to step up.
 
Hi Birch. Never mind the rest of what I was going to post about renewable energy. Wrong place, wrong time. Your thoughts are actually being vocalized in some government places.

I am planning on retiring in a couple years. How long should I be strong about staying the course in equities? Like this week, the week my payroll contribution goes in to C fund. "Bought" some more C on Monday and lost the contribution plus some during the week.

I have had discussion with the two kids so they know I will try but inheritance is not a priority. Probably why they don't email a lot?:rolleyes:

Keep on keeping on.

PO
 
You OK, Birchtree? You're usually here giving the nervous bulls some encouragement on weeks / days like this.

Hope you're just having some fun this summer.
 
Birchtree said:
They're saying to expect more pain in the energy patch - well I don't care, I'm buying everything I can if it smells like oil. The smell of superlative bull manure is wafting across the board today.
Click to expand...

Oil is tanking again today. u must be loney B 4 u get rich... : )
 
i read that mr. carter is in the hospital with cancer that has spread to his brain, maybe birch is taking some time off to visit his old buddy and ease his transition to whatever comes next?
 
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