Birchtree's Account Talk

[PessOptimist]

Birch, I just love some of your analogies. I hope Manfred doesn't slow Tom down.

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AvGuy, a trip down memory lane. Bought a leftover 78 XS750 Yamaha in 79 and it would do the front wheel thing in 1st, 2nd and 3rd. I hated riding it for over an hour until I replaced the saddle. Then I was good for 8+ hour rides. When the stock exhaust rusted out I bought a Kerker 3 in to 1 header and it really shined. It's a wonder I am still alive. Ah, the bad old days.

Apoligize for the hijack Birchtree.

PO

 

[Birchtree]

I've got money in my pocket and if the market has a positive opening I'll a strong buyer. I have 27 little wall flowers waiting for my driver. In this environment the more I buy the more I can buy. All those last 948 purchases were the right thing to do - now I'd like to do it again. So far I'm up to 91 buys. The bull is my friend. The market is saying there is something good out there.

 

[Birchtree]

I'm in the market early buying a few special wall flowers: CBL, CFI, SSD, DY, HXL, KMT. My adviser, Mindylou, says buy early and often when the train is moving.

 

[Birchtree]

OK, I'm still having fun and buying: TSM, TRN, WAB, HSC, MDR, SHS. If we catch a raukus upside today I'm due for more purchases while the opportunity is available.

 

[Birchtree]

I just came across an article in my WSJ titled: The Wallflower Strategy: Love The One That Nobody's With. "Go ahead. Ask a wallflower to dance. That, in essence, is one of the latest arguments being used to encourage investors to do something that most have steadfastly refused to do this year - put money into the stock market." That seems to be my strategy and discipline - the more wall flowers the better. All I can see is 1995 in front of my vision.

 

[Birchtree]

I've just purchased my last position in MEE at $52.23 and will let it run or wait for a stock split - providing it is not bought out. Bought: JRCC, BAS, GXP. I'm on the virtual cycle of the more I buy the more I can buy - it's a raging bull stomp. I'll have more buying power tomorrow as it builds.

 

[Birchtree]

For those who might not be familiar or for those who are: here are my MEE (Massey Energy) dollar cost averaging purchases looking rather like a sine wave. Don't try this at home though because it can be dangerous to your financial health but it's my calling. $40.47, $43.21, 48.25, 53.25, 49.92, 47.16, 44.65, 43.41, 32.55, 29.67, 31.20, 28.41, 30.26, 33.18, 32.70, 36.25, 41.89, 42.05, 50.12, 52.31. You can surmise I made a nice profit so far and you would be correct - but I'm not ready to realize those capital gains just yet because I think there are more points to run during a possible bidding war. Snort.

 

[Birchtree]

"This stock bull market has legs, bargain prices mean buy now".

http://www.marketoracle.co.uk/Article24798.html

 

[Steadygain]

"This stock bull market has legs, bargain prices mean buy now".

http://www.marketoracle.co.uk/Article24798.html

Birch,
In your years of noting certain periods of Economic Weakness -- would you say that each and every time the general population has always responded with FEAR ---

---that this is the end

---that for some reason this is the moment when a rebound will never occur again...


I would say it's bound to be part of 'human nature' and for some reason society is more inclined towards this dreadful doom ... and now it's too late ....

...Yet ...we have always -- and without exception pulled through....


This time -- there may be more players involved than it being strictly an 'internal thing' -- but Business is way more 'Global' and that's a good thing and NOT a bad thing....

...We will pull through this eventually -- and I can guarantee you that 2 months after the REAL BULL has taken off -- all this will be forgotten.

I want you to set your sights a little higher -- 6M -- ummm is okay..

but think REAL BULL --- like the good ole days -- that goes on for years and is flying up and up --- shoot for 10M and make me happy.


Well good night all -- strap in tonight -- and get ready

 

[Birchtree]

Steady,

The bull will give me what the bull will - I'm just a pon in this game. But I'll continue with my strategy of buying all the assets I can. The more you have in the bigger the win. Do I think it's possible to tag $10M - you bet but that'll be a very long bridge. But then again we are in a mega trend secular bull phase that could last many, many years. I was mauled by the bear in 2008 but now I'm healed and ready to build my next small fortune. I had a few dollars left over today that I was going to kiss away on the close but held my restraint - I made enough gain today to render me more buying power so giddy up.

 

[Birchtree]

I just got the news on the tax cut extensions - rockin around the christmas tree have happy bull market. It'll be glorious.

 

[Handballer]

Anyone believe the Dow will gain 200 points tomorrow?

 

[Birchtree]

Me, me, me!!! Beep, beep.

 

[Birchtree]

Making a few purchases while I have some jingle in my pocket: CE, JCI, KRO, BMS.

 

[JamesE]

Bman, you see any softness before the big year end push? Or are we already in it? Other than a potential overblown news headline, there's nothing out there right now.

 

[Warrenlm]

I think his earlier sense of poop on Dec 8 has given way to anytime is the time to buy.

 

[Birchtree]

It's all sugar plums and candy right now. I still plan to get out of the S fund probably tomorrow and settle 60% into the I fund. I'm playing the I fund as a european proxy into the nations with emerging growth. We've had a 90% market rally in 20 months and this is my moment in time to bury myself in debt and play for the ponies - this bull has a lot further to run. The emerging markets are up about 120%. So I'm just going to keep on buying: PBY, ARM, FPO, BLT, GGC, GBX. Yup, the higher we go the more I buy.

 

[JTH]

We can say one thing for sure, bonds and the Vix are confirming today's price action. We haven't seen the Vix this low since the April 2010 peak.

 

[Birchtree]

When that turkey VIX goes below the 16 level my gut will be in knots and I'll be watching over my shoulder for the infamous blind side that always comes. But I suspect I'll still be standing - I now have my sacrificial lamb chop account to absorb the extra pain. Margin is giving me money and I'm prepared to spend every dime for the holidays. Right now the more I'm in the more I win. How about some figgy pudding.

 

[prometheus]

I'm playing the I fund as a european proxy into the nations with emerging growth.

The I Fund is a dog until the rumor on Europe gets a whole lot more optimistic. Right now I'd say it's just as risky as F, & a poor growth prospect at best. A proxy into Emerging Markets? You're kidding, right?