Birchtree's Account Talk

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Did You Enjoy Your One-Day Market 'Dive'

Yuk, yuk...

I love it when the market 'dumps' the day my paycheck contributions are invested. :p

Absolutely love it...
 
Re: Birchtree's account talk

Boghie,

You would be blessed if the market traded sideways for the next two years - but unfortunately that is not going to happen. Pricing is simply going to get more expensive as we head higher. We'll be back to the $17 range in a jiffy and that means newer employees will have to work longer to accumulate the shares they want. Those of us that have acquired our accumulations over the years are now in a position to utilize those balances to swing trade the valleys and maximize the potential gains. Every anticipated correction will end up a celebration - providing we can be nimble enough to get out of the way and then get back in on the trough for the next climb back up the valley. I'm sure going to give it a shot starting in February.

"Stock Market Rally, What the Smart and Dumb Money is Doing Now."

http://www.marketoracle.co.uk/Article13557.html
 
Re: Birchtree's account talk

Birch,

It sure was nice to make rather substancial purchases in the $8 - $12 range. Mathing it out leaves me with a large gain minus the large cost. I still like the 35%+ sale equities are still commanding.

Just wish I had more in the account :p

Regardless, some of the moves made and the larger contributions made since early 2008 have been very healthy for my account. And, soon enough I can max out my contributions (I am at the end of paying down my last credit card).

Maybe we will have the correction all the Bears are hollering about.

If I can run to safety :)

Otherwise, if I don't bail out so quickly :(
 
Re: Birchtree's account talk

Honestly, if I were disposed to sitting on the lily pad as long as some of our members have been, I'd have to join the flat butt society.

"Increasingly, traders have put aside talk of an imminent pull back and yalk more about how fund managers, who may have been underweight, are being forced to add to positions going into the end of the quarter. That, combined with a lack of selling pressure, has been keeping the stock market buoyant. This is the most reluctant bull market I've seen in my career. Third quarter earnings reports will start to pour in after the second week in October."

http://www.cnbc.com/id/32920496
 
Re: Birchtree's account talk

We now have a powerful bull market extension move from the NYSE breadth MCSUM after the three strp signal - the reading currently is at 1476.72. The fear of being out is now eclipsed by the fear of being in. Earlier bull markets hold lessons for those investors holding money on the sidelines today. Everyone should participate in equities if they can. It will be a rare opportunity to grow wealth.
 
Re: Birchtree's account talk

I'm trying to stay out of the politics because I have a tendency toward the nasty...

All I know and care about right now is that I want to make $174K in the next two weeks.
 
Re: Birchtree's account talk

Birchtree said:
I'm trying to stay out of the politics because I have a tendency toward the nasty....
Click to expand...

Well then I'll fill in for ya - whenever you're absent.

No Pain - No Gain and you'll never find any FEAR here. Folks we are in the Mist of the Biggest Bull Market to date - unpresidented - never seen before. That's why - for anyone paying attention they keep talking about how the Markets have risen at a new 'Record Breaking Level'

Be IN to WIN - cause all who live in Fear.. all of those who continue to hesitiate .... only make me look better.


Well I'll be darned -- I just noticed we used the same quote
 
Re: Birchtree's account talk

"Who can't accept huge gains. But you know in order to set yourself up for such gains you have to possess the courage to take an oversize position, may be even leverage it. That kind of risk takes stomach, fortitude.":

http://raymondjames.com/inv_strat.htm
 
Re: Birchtree's account talk

"M&A Boom Signaled for S&P 500 Index on Record Cash" http://www.bloomberg.com by Alexus Xydias. Never before have U.S. companies piled up cash faster compared with interest costs than they are now, setting the stage for a surge in mergers and acquisitions. Cash relative to share prices will climb to the highest in at least two decades next year compared with yields on corporate bonds. The previous high in 2005 preceded the two busiest years ever for take overs."
 
Re: Birchtree's account talk

Birchtree said:
in order to set yourself up for such gains you have to possess the courage to take an oversize position, may be even leverage it. That kind of risk takes stomach, fortitude.
Click to expand...

Felixthecat has set the Trend in the IFT of today - and his sentiments have gobbled up the masses :rolleyes:

Birchtree said:
"M&A Boom Signaled for S&P 500 Index on Record Cash" http://www.bloomberg.com by Alexus Xydias. Never before have U.S. companies piled up cash faster compared with interest costs than they are now, setting the stage for a surge in mergers and acquisitions. Cash relative to share prices will climb to the highest in at least two decades next year compared with yields on corporate bonds. The previous high in 2005 preceded the two busiest years ever for take overs."
Click to expand...

Almost sounds 'scarey' to me - might make me 'greedy' :D
 
Re: Birchtree's account talk

I'm exercising my greed today by buying: TRI, TPC, TWP, FBN, PXD, LPX, CPX, CSX, EXH, AF, ALY, ACI. That makes 532 individual purchases on a DCA basis since 6/26/09. Plenty of time to return and collect a few more wall flowers before the close if we catapult higher.
 
Re: Birchtree's account talk

Yesterday when the market Dow was down 41 my oceanic gave up $9k, today with a gain on the Dow of 51 my account gained $30K - this tells me the action is below the surface. To have the historically worst month looking this good so far - it's going to get the attention of the cash holding fence sitters. If that does happen, we could be in for another momentum move up. A nice drop in the jobless claims on Thursday could be a catalyst to send us over 10,000. Snort.
 
Re: Birchtree's account talk

Birchtree said:
Yesterday when the market Dow was down 41 my oceanic gave up $9k, today with a gain on the Dow of 51 my account gained $30K - this tells me the action is below the surface. To have the historically worst month looking this good so far - it's going to get the attention of the cash holding fence sitters. If that does happen, we could be in for another momentum move up. A nice drop in the jobless claims on Thursday could be a catalyst to send us over 10,000. Snort.
Click to expand...

Not hard when you realize it's the stinkers (dogs of the Dow) that have the most to gain ;)
 
Re: Birchtree's account talk

Birchtree said:
Yesterday when the market Dow was down 41 my oceanic gave up $9k, today with a gain on the Dow of 51 my account gained $30K - this tells me the action is below the surface. To have the historically worst month looking this good so far - it's going to get the attention of the cash holding fence sitters. If that does happen, we could be in for another momentum move up. A nice drop in the jobless claims on Thursday could be a catalyst to send us over 10,000. Snort.
Click to expand...

This is how I vision you Birchtree. You doing good.

http://www.youtube.com/watch?v=sor9GzivGbk&feature=player_embedded
 
Re: Birchtree's account talk

A Birchtree booty shake goes out to JTH and Poolman. Usually when a new bull move starts we see wide participation right at the very start. It is very, very rare for a new bull move to start narrowly and widen later on. Consequently, past history suggests that the latest rally is more likely the end of something instead of the beginning of something. This is what the bears are finding so confusing - this time it is different. Always keep in mind that during bull markets another top is always just around the corner. And, a properly allocated portfolio doesn't need to be rejiggered everytime the weather changes - Snort.
 
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