Birchtree's Account Talk

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Re: Birchtree's account talk

I'm buying the opportunity of the dip this morning when my wall flowers are a little less expensive. I made 10 purchases now for a total of 382 around this bottom - who knows I might grab a few more before the day is over. I have four companies that are paying dividends today and that income will be reinvested.
 
Re: Birchtree's account talk

Birch - do you always have your dividends automatically reinvested or do you rely on some of that for income? With the market so low, I'm trying to convince my mom to reinvest, lots of shares at bargain prices.

Also, is there a single source (website) where you can see when companies pay dividends or do you research each company individually?

Thanks & happy hunting....
 
Re: Birchtree's account talk

All my dividends are currently reinvested according to fate. Today I'll probably buy cheaper and anything due tomorrow may cost a bit more - it's all set to automatic pilot which makes it easier. I don't know of any particular site that lists the dividend payers but I'm sure there must be one. I usually just review my accoount statement to see which companies are paying next month and their dates. This way I'm always buying something and increasing the portfolio income level. The more the dividend the more stock bought and then three months later because there is more stock the dividend will be larger and it simply self feeds - the longer we stay in this bear market the more stock and income I'll gain - not such a bad plan for the longer term holder. It's a similar strategy with TSP if one DCAs their contributions into the stock funds rather than the G fund. All my contributions go into my C fund - my last purchase was at $9.20 and I slightly wish I could stay at that price for the next six months but the odds are against it.
 
Re: Birchtree's account talk

And the market swoon continues drawing me in for another 8 purchases for a round robin of 390. I'm doing some of my holiday shopping in the middle of rampant fear - that's the best time to to accumulate values. It's still a long day yet and there are still wall flowers begging for portfoilo entry. I should mention that I'm mostly buying bank stocks and financial companies today. Tomorrow it will most likely be industrial type companies.
 
Re: Birchtree's account talk

Birch, I saw the question from Love-To-Bike in your thread asking if you use a particular website to track when stocks pay dividends. There is a site that I look at from time to time but not much that is dedicated to and discusses dividends. I have attached for info. http:// www.dividend.com/s
HH
 
Re: Birchtree's account talk

LTB, Appreciate it. Good condensed list where on can make comparisons before digging in deeper. HH
 
Re: Birchtree's account talk

Are we now going to retest the Nov. 20th closing lows of SPX at 752 and Dow at 7552? Nah, this is just the pause of panic fear again - hold tight is what I'm going to do. May even have some buying to do tomorrow.
 
Re: Birchtree's account talk

A few timely quotes from Henry To.

"It is never easy to battle feelings of inadequacy and powerlessness that overcome you in bear markets. The ability to self fund is golden in these times. Nibble and graze - diversify rather than feast. Cash may seem like the greatest refuge but when a market abounds with bargains, it represents the sirens' lure. In an environment where daily returns resemble traditional monthly returns, volatility creates tremendous fear. Show some greed when the world seems to be falling apart - use this opportunity to buy high quality names that you can grow wealth through time." Yes sir I will continue to buy.
 
Re: Birchtree's account talk

I will admit that yesterday was down right brutal - I feel like I'm sitting on the dock of the bay watching money flow away. The oceanic gave back $117K in one day but that is still not my record. Anyway I'm a buyer again with my last 10 buys in the coal and pipeline areas now for a total of 400 buys around this bottom. I still have a few odds and ends to pick up in the near future and at some point I'll be chasing momentum buying improving pricing.

"Bullish divergence has presented itself in most other markets, which stand to benefit from unsustainable bearish sentiment as the major media the world over have done their job once again. The result being that people sit safely in cash which is right where they're suspposed to be from the perspective of those who need a counterparty in waiting."

http://safehaven.com/article-11982.htm

"As long as the major indices hold above their 61.8% Fibonacci retracement levels (7976), the broad market still has a good chance of rallying back to test last week's highs in the near term. Conversely, any firm closing prices below the 61.8% retracement levels will tip the odds in favor of the main stock market indexes first retesting last month's low of 7450."

http://www.redoption.com/commentary/2/
 
Re: Birchtree's account talk

According to Mark Hulbert there's an 83% probability that December will be an up month. Usually by the time it's evident the bear market is over, the market is up 30%, so you can't pick bottoms. The best policy is to just keep buying and giving money away until I'm correct.
 
Re: Birchtree's account talk

Currently I'm 80% G and 20% S. A friend recommended dollar cost averaging to offset the losses of the S fund. So, I'm considering an IFT of 10% soon; still not sure which fund to go into. Advice would be appreciated.
 
Re: Birchtree's account talk

Still trying to buy myself into happiness - went in early on the lows and made another 10 purchases now for a total of 410. Today I bought: ASH, C, DLX, FGP, WTU, AYI, ATN, ATO, CNX, TRN. I think we may rally hard this afternoon better than yesterday but I've been wrong so often it hardly matters. I did take a nice bite on C for the rally and a good profit before the end of the year. I plan to DCA into a larger position on the C.
 
Re: Birchtree's account talk

Moonshadow,

If we end up rallying hard off this bottom - history indicates that the small caps are first to outperform so the S fund on a DCA basis could be the right position. However, this time could be different that's why I'm staying 68% in the C fund for the next ride up.
 
Re: Birchtree's account talk

Here are a few quotes from some information that Robo was kind enough to forward to me.

From B. Brinker: "This year's events have created a new historic record level in this indicator based on the past six decades. The gap between the DJIA and its 200-day moving average reached the 34% level on November 20th. Previous gaps were at 27%." Bob suggests a continuing DCAing into this bottom.

From Steve Kaplan: "A TRIN of 10.17 on the NYSE is an astonishingly high level of TRIN, along with the huge increases in implied volatility indices including VXO and VIX, confirmed that 1) we are in a bull market; and 2) all subsequent days of heavy selling should be used as opportunities to add to your long positions. Those few who made the painful decision to buy into the pullback are appropriately rewarded - the financial markets always rally dramatically following any true bottom, so that those who panicked on the way down are punished rather than rewarded."
 
Re: Birchtree's account talk

Birchtree said:
Moonshadow,

If we end up rallying hard off this bottom - history indicates that the small caps are first to outperform so the S fund on a DCA basis could be the right position. However, this time could be different that's why I'm staying 68% in the C fund for the next ride up.
Click to expand...

Well Birch, last week was one of my best week 2.4m in my trading account - 400k on GM and F alone with Citigroup tossed in for good measure. Hell, even today I even bought RIMM 50,000 shares at 35.45 and dumped it at 38.25 so not too bad.

I've have almost double my Mothers' money after she got out of the TSP by playing short and long. In all seriousness I don't know how you can live with the restrictions placed on it by "Huey Long" - his way of thinking almost ensures untimely loses when you used to be able to get out and in at you own personal discrection.

I still believe this is a trader's paradise with this volatillity if you have the appropriate funds and those funds being an appropriate amount in proportion too your total assets.

I cannot take all the credit because one of the people involved in the cause of my dog/animal rescue has an incredible amount of assets - the word B starts his net worth too give you an idea -that dwarf's my funds many times over so sometimes I piggyback on his trades that he is nice enough to share.

Just too reward myself for my hard work -18 to 20 hour days I picked up a nissan - Yes a nissan :D Gt-R - that for the mean time will be my evey day car. It is their specialty sports car retail around 80k with a 20k markup:rolleyes: - so I added it to my collection.

Private donations to my dog rescue org. could not be better. I have no respect for Hollyweird although they get the word out they don't step up to the plate like a man and do the right thing. I guess their money has to go to their 20k mansions. It's really easy to talk the talk but most of them are a bunch of pu$$ies where all of it is is talk - that's all they seem too be good at - they sure can't walk the walk from what I see.

I'm very glad for the connections I have established not only relative to stocks but to the VERY generous donations from some very weathy guys who understand what I am doing relative to my animal cause. You couldn't ask for a better group of people - people who you would least expect to step up to the plate and people willing to share ideas outside of my main cause.

cayman
 
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