Birchtree's Account Talk

It's a nice day to spend some money and buy stocks for my lamb chop and oceanic accounts: ACI, PCX, JCI, CE, MEE, STO, RES, DLX. If the market starts to strengthen this afternoon I'll throw a few more dollars into the bull pen.
 
The VIX today at 18.27 -1.11 is saying they may buy the close today. The dollar is weak and the Transports have a new yearly high. This marks the third time this year that stocks in the SPX gained more than 2% on the first trading day of a month. Over the last 50 years, that's happened on 25 occasions. Nearly two-thirds of the time stocks go on to generate positive returns the rest of the month. Can you feel the earth tremble from the mighty hoofs on the move.
 
A few more nibbles for the grand-kids: AA, GCI, VHI, PXP, LZB, DW. The R2K is looking good today - the Dow may pop yet. I'll be busy buying more wall flowers on Monday and perhaps the rest of the week if the bulls give me money.
 
Jimmy Cricketts I'm addicted to equities - I can't help myself. Just bought: HAL, HBI, FDP, TSTY. Now I can sit back and enjoy the last hour no matter what transpires - but I'm bullish for the rest of the month in my oceanic. Sitting at 40C/20S/40I in the tugboat. I may reduce my S position sometime next week to go 40C/60I.
 
The VIX is saying folks be ready for a blow out melt up coming to a market near you. If you are on the lily pad please be prepared to get a washing when the double 200 Yamahas cruise on past. It would appear that I'll have more cash to buy myself into happiness next week - I'll gladly chase this bull all the way up since I've been doing just that since the March '09 lows. Full speed ahead as the cluckers decide to get into the arena.
 
Lots of strength on these closes, if this keeps up folks will throw in the towel and pay up. Its gotta hurt to be in the *G* arage for this one. Awesome beginning to December I'd say.

Looks like the 3 bad trades I made this summer that cost me around 10G are worth about 35G right now. My buddy never flinched and our accounts were about equal at the time. I doubt I can reel him in anymore, his additional shares just keep growing. I learned a valuable lesson there :suspicious:.
 
Saving the BEST for last.

Okay Birch -- you now have enough money to buy a Naval Fleet and have them travel the world for 10 years straight.

So I'm thinkin' of something HUGE -- I mean something so BIG that you will be remembered forever -- throughout History ---

that hundreds of years from now -- your name will be well known - throughout the world ....

Here's my PLAN

Dwarfts and Midgets are basically 'unknown' -- I mean no one thinks of them.

You could set up a Foundation in their Honor -- and as a result they could rise to the spotlight and be given the recognition they deserve. I mean they are totally equal to us in every way.

...and you've got the money to make that known.

Think of it Birch -- change the world man -- make it a better place.



Well have a great weekend - - oh and talk this over with your wife before you do anything.

Steady
 
Here are what the daily oceanic numbers looked like for this week: -1K, -16K, +78K, +60K , +17K for a round of applause of $138K. For the last 5 weeks the account looks like this: wk87 +164K, wk88 -52K, wk89 +32K, wk90 +7K and wk91 +138K. Week #91 puts me at $1472K made from the March 9th lows of 2009. Will I catch the $2M jackpot before the year ends - I got a real good shot at it. Anyway I know I will tag the $2M number eventually and then comes the notorious $3M package. I might even get a belt buckle for riding this wooly beast of a bull market. If we get a blast up on Monday I'm a buyer - Mindylou has been working diligently on my list.
 
Frankly Birch, I keep one eye on your posts and one eye on the market. I still am recovering from being all in in March or May or when ever the heck the market went down 1000 points.

I don't think it'll do down in December so maybe I'll put more money in the S and the I fund. When the music's over in January, you can bet I'll be shrinking in my shell.
 
I was looking at the tracker this morning and found a faint memory way down close to the bottom. An ex-flameout that rode in hard and fast driving his dad's 1970 Datsun B210 truck. When he faded out he was driving a 1974 Pinto. Now that is due process for such an onerous gloom and doomer. Only the strong shall prevail.
 
I'm optimistic this market will be hot, hot, hot next week. I deserve a $200K week to even things out. Looking back my oceanic took a -$278K hit during week #61 off the 3/9/09 low and week #63 was almost as bad at -$209K. So time has come for deliverence. I'll be earning buying power most of the week and I plan to spend it just as fast. I've never had a +$200K week yet although I did come close at week #72 with a +192K. The market is set for some Tom Terrific gains. When things don't fall apart on bad news you know the trend has reversed to the bullish side and is no longer vulnerable. I'm going to run in front of the Grand Trunk and make some serious money - this could definitely be my generational moment just like the Fall of 2008. It's time for the hoofhearted to take control and force the hedge funds and mutuals to step up or be left behind. With the current rush for some to finally get out of bond funds - this extra cash will indeed push the market higher. Remember the bond market is 10 times larger than the stock market. Yes, time has come today as the song says.
 
I was looking at the tracker this morning and found a faint memory way down close to the bottom. An ex-flameout that rode in hard and fast driving his dad's 1970 Datsun B210 truck. When he faded out he was driving a 1974 Pinto. Now that is due process for such an onerous gloom and doomer. Only the strong shall prevail.

It is somewhat puzzling how certain folks appear to have made it to the bottom of the tracker this year. Perhaps they read too much and it gets in the way of whats real. When it's all said and done the blogs, books, pundits, chart patterns can't hold a candle to the real truth...The price is right, everything else is wrong.
 
I was looking at the tracker this morning and found a faint memory way down close to the bottom. An ex-flameout that rode in hard and fast driving his dad's 1970 Datsun B210 truck. When he faded out he was driving a 1974 Pinto. Now that is due process for such an onerous gloom and doomer. Only the strong shall prevail.

LOL, I put money down on a new Ford 1979 Pinto during my USN days, but backed out of the deal and purchased a 1979 Suzuki GS1000. I think it was the first year they produced the big 1000cc bike and it was a true rocket ship back in 79. I could bring the front wheel up in 1st, 2nd and just slightly up in 3rd gear!! I modified it by pulling the four exhaust pipes off and put a 4-1 Kerker Header pipe on it... Sounded like a P-51 going down the road...LOL:D:D

I’m also bullish for Dec, but I have a very basic TSP rule. Whenever your account goes up >5% in less than 4 wks, its time to pull the ejection handle. I agree with you on being long in the markets at least short term. Also, your posts on this site are excellent and I’m thankful we have your support... Thanks BirchTree...:cool::cool:
 
Lightning won't strike twice so a kaboom down won't happen for another 25 days, I'm thinking. Bumping it up to c 15, s 35, i 25. G 25. Things are pointing to a rally this December, going by feel and what's being said by the Birchtree peoples. Shall there be no cray fishing, no hemming and hawing by the peoples. We shall go forth next week to begin a final push for the year 2010. Perhaps if it is so for the next few weeks, then I may poke my head out from under my shell in January. If January looks OK then I may invest further into the equities. So sayeth Jimmy Joe.
 
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