Birchtree's Account Talk

[fabijo]

Re: Birchtree's account talk

When you cash out in 20 years, what currency will you be reaping?

http://www.bloomberg.com/apps/news?pid=20601087&sid=apjqJKKQvfDc&refer=home

 

[Birchtree]

Re: Birchtree's account talk

I just added another 10 wall flowers to my buy list tonight after watching a run of the tape. I'll never have enough money to give them all a home. I even had to go back and double up on some previous purchases made last week that showed some spunk today. I now have 186 stocks on the list and have only purchased 86 so far - Allah help me if we get another 400 pointer tomorrow. If the LEH credit default swaps are not a complete failure there may be some additional buying. Profitability resides in the ride ahead.

Dennis - permabull #1

 

[Steadygain]

Re: Birchtree's account talk

Birch,
I've decided to BAIL.

The Government recently moved everything to G FUND; the FED just threw out at least another $400 Billion for somthing else and has thrown out way past the $700 Billion required by Congress. Banks are merging and they now have CONTROL and do not have to move the flow; instead they are holding on to better secure their position.

Almost everything we've been dealing with the past several months is listening to a warning: "The hacket is falling"

I believe it has fallen and the real pain is now showing itself. So as I explained on my Thread - I'm better off staying in Safety over the next year and a drop or gain here and there is of no significance.

I certainty understand your view; and if it were simply me I would ride it out and keep buying - but it is no longer just my view and SAFETY does have it's "peace of mind" over difficult times.

So I'm out of the game for a while - today is my last move for the year.

 

[presskh]

Re: Birchtree's account talk

Birch,
I've decided to BAIL.

The Government recently moved everything to G FUND; the FED just threw out at least another $400 Billion for somthing else and has thrown out way past the $700 Billion required by Congress. Banks are merging and they now have CONTROL and do not have to move the flow; instead they are holding on to better secure their position.

Almost everything we've been dealing with the past several months is listening to a warning: "The hacket is falling"

I believe it has fallen and the real pain is now showing itself. So as I explained on my Thread - I'm better off staying in Safety over the next year and a drop or gain here and there is of no significance.

I certainty understand your view; and if it were simply me I would ride it out and keep buying - but it is no longer just my view and SAFETY does have it's "peace of mind" over difficult times.

So I'm out of the game for a while - today is my last move for the year.

Steady,

What do you mean "The Government recently moved everything to G FUND"? I agree with you move, by the way. I am already on the lilly pad - I may not catch the initial updraft at the start of the next bull market, whenever that is, but I think there is still significant downside risk in the market. Investing is not just about making gains but also about controlling downside risk.

 

[Steadygain]

Re: Birchtree's account talk

Steady,

What do you mean "The Government recently moved everything to G FUND"? I agree with you move, by the way. I am already on the lilly pad - I may not catch the initial updraft at the start of the next bull market, whenever that is, but I think there is still significant downside risk in the market. Investing is not just about making gains but also about controlling downside risk.

Tom brought it to my attention recently - just look at his recent posts and you'll find it (but I forget where he put it).

Tom is like a super father figure to me; it's not often he comes on the MB and tells us something but whenever he does it's usually something enormous.

1. Housing and the Markets - He showed us well in advance exactly how the Markets were going to drop awhile back; had a Graft which shows everything months prior.

Had we moved to Safety and stayed there at that time we'd have a lot more than we do now

2. Government moves everything to G Fund - this was a more recent post and I should have taken it more to heart. But for me it didn't make a lot of difference since I'd already given up on the Markets and was simply DCAing.

Anyway - thanks man and GL

 

[presskh]

Re: Birchtree's account talk

Tom brought it to my attention recently - just look at his recent posts and you'll find it (but I forget where he put it).

Tom is like a super father figure to me; it's not often he comes on the MB and tells us something but whenever he does it's usually something enormous.

1. Housing and the Markets - He showed us well in advance exactly how the Markets were going to drop awhile back; had a Graft which shows everything months prior.

Had we moved to Safety and stayed there at that time we'd have a lot more than we do now

2. Government moves everything to G Fund - this was a more recent post and I should have taken it more to heart. But for me it didn't make a lot of difference since I'd already given up on the Markets and was simply DCAing.

Anyway - thanks man and GL

Steady,

I still don't understand what you meant by "The Government recently moved everything to G FUND" - what did they move?

Thanks.

 

[Steadygain]

Re: Birchtree's account talk

Steady,

I still don't understand what you meant by "The Government recently moved everything to G FUND" - what did they move?

Thanks.

I may be paraphrasing a little and I'm only referring to Tom's Post.

TSPTalk (Tom) ...click on his name; then click on all posts; and ONE should show up about what I'm talking about...

sorry I can't elaborate...as it was his stuff and I read it in maybe half a second - but it stuck with me.

 

[fabijo]

Re: Birchtree's account talk

G Fund - Government fund / General Fund.

I guess by the government purchasing all assets, they are essentially moving everything into the G Fund.

 

[Steadygain]

Re: Birchtree's account talk

Steady,

I still don't understand what you meant by "The Government recently moved everything to G FUND" - what did they move?

Thanks.

http://www.tsptalk.com/mb/showpost.php?p=189366&postcount=23

Birch,
I'm sorry - I really didn't mean to hijack your home, but since I made this open declaration I need to set the record straight.


Presskh, this was the post where I read what I was talking about. Often when I read something it's just a quick flash and I try to soak it in later on.

THIS IS WHAT STOOD OUT​

Plummeting stocks decimating retirement savings

— and feds are responding in large numbers by

pulling their remaining money

into the safer G Fund pegged to U.S. Treasury securities.

The G Fund is the most secure

safe harbor from the worsening financial turmoil.

In September TSP retirement lost the lowest level since March 2007.

Also last month, TSP participants transferred - savings from other funds into the G Fund — the largest shift of TSP money.

I appologize for the misrepresentation - in the brief moment I scanned that and never returning for a more thorough read; I remembered it as "Government is making record moves to G Fund - for safety and guarantee - with September having the largest shift"

Sorry about that !

 

[presskh]

Re: Birchtree's account talk

http://www.tsptalk.com/mb/showpost.php?p=189366&postcount=23

Birch,
I'm sorry - I really didn't mean to hijack your home, but since I made this open declaration I need to set the record straight.


Presskh, this was the post where I read what I was talking about. Often when I read something it's just a quick flash and I try to soak it in later on.

THIS IS WHAT STOOD OUT​

Plummeting stocks decimating retirement savings

— and feds are responding in large numbers by

pulling their remaining money

into the safer G Fund pegged to U.S. Treasury securities.

The G Fund is the most secure

safe harbor from the worsening financial turmoil.

In September TSP retirement lost the lowest level since March 2007.

Also last month, TSP participants transferred - savings from other funds into the G Fund — the largest shift of TSP money.

I appologize for the misrepresentation - in the brief moment I scanned that and never returning for a more thorough read; I remembered it as "Government is making record moves to G Fund - for safety and guarantee - with September having the largest shift"

Sorry about that !

Gotcha, Steady - Government workers were shifting into the G fund. Now it makes sense.

Thanks.

 

[Birchtree]

Re: Birchtree's account talk

I've been redeeming some of my certificates of deposits to raise cash because I'm a buyer at these levels for the longer term - that's my sacrifice to continue building my base at these golden prices. Whittling down my long list - 100 more to buy.

 

[fabijo]

Re: Birchtree's account talk

Any wall flower purchases today, Birch?

 

[Birchtree]

Re: Birchtree's account talk

No wall flower purchases yet but I got all day - I don't use stops but buy at market. I usually nibble throughout the day - sometimes buying lower and sometimes buying higher - we are so low that it really doesn't matter on the exact price. To me this is an opportunity of a life time and the dividends are paying more than the certificate of deposits.

 

[Birchtree]

Re: Birchtree's account talk

I made 16 wall flower buys off the first hour lows - now I'll be selective on the next 10 as the day progresses using the DCAing approach.

 

[Steadygain]

Re: Birchtree's account talk

I made 16 wall flower buys off the first hour lows - now I'll be selective on the next 10 as the day progresses using the DCAing approach.

Birch,
I'd imagine it must be lonely at times having an IQ of 157
maintaining a stategy that consistently wins (no matter what)
and having the reputation you've established over the years

BUT I'm glad you're the way you are.

 

[Frixxxx]

Re: Birchtree's account talk

Birch, I watch squalk talk this morning with CEO from DOW chemical...Looks like they're not seeing any lower dividends this year and stock was at 22.

Are these guys on your radar?

 

[Birchtree]

Re: Birchtree's account talk

Well it's not always pleasant to spend money - in 2007 I made 19 sales and 522 individual purchases and each one of those buys is like getting hit with a BB gun denting my armor. But this year I made $140K in profit and have already kissed those dollars back into the market and will continue to build my base. I presently have 27 stocks that will pay their dividends in November to be reinvested at lower prices buying me more stock. My portfolio has been devalued hundreds of thousands of dollars but at the same time I'll be spending a couple of hundred thousand dollars - patience is golden.

 

[Birchtree]

Re: Birchtree's account talk

Frixxx,

Yes I own Dow and will be buying more especially at these prices. My last purchase was at $36.34 - so a $22.11 price is perfect with a nice dividend.

 

[Frixxxx]

Re: Birchtree's account talk

Frixxx,

Yes I own Dow and will be buying more especially at these prices. My last purchase was at $36.34 - so a $22.11 price is perfect with a nice dividend.

Cool, First stock buy for me, got in at $23.17.

 

[Birchtree]

Re: Birchtree's account talk

I visited the candy store on the open this morning and bought another 16 dull wall flowers. If we get another leg down I plan to enter the candy store again.