Birchtree's Account Talk

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"Decline in treasury yield ratio suggests continuing U.S. stock bull market. Breakout of cup with handle pattern suggests further upside for S&P 500. The Current level of the yield ratio is about 4.25, which is historically high, and has plenty of room to the downside before it reaches 1,0 so time is on our side. The high level of the yield ratio is like a fully charged battery and it could cause the stock markets to skyrocket when the discharge of energy from QE2."

http://www.safehaven.com/article/20...ts-have-more-upside-and-gold-some-uncertainty
 
It's a good day to join my favorite bull Ferdinand and smell a few wall flowers having bought: BWP, EP, TLM, CBG, AIG, AKS, IVZ. All it takes is to nurture these wall flowers with some superlative bull manure and presto they turn into full blooming roses over time. The VIX has me relaxed and comfortable so I'll be buying more stocks later - no need to rush a good thing.
 
I'm gaining flower power and buying more wall flower happiness: ABB, VCI, WMB, GLW, STN, GT, BLX, GB. We may take out the Nasdaq 2007 high of 2861 by tomorrow. When can I stop buying these wall flowers - never mind I don't want to stop. I'm building for my future and this mega trend secular bull market is generational - I'm staying on the tracks running ahead of the Grand Trunk.
 
hoooly moly birch! i thought stocks splitting into 2 companies was a bad thing. until i saw yesterday you thought it a good thing. so i hung on, been sitting on my wmb for over a year now, was thinking maybe time to sell, glad i havent.


why is the company splitting in 2 a good thing? what happens to the wmb stock after that? what do i need to do as shareholder? or what happens to the shares i guess i'm asking.

do they automatically get exchanged for shares in the 2 new companies? or do i need to do something to make sure i end up with shares of the new companies? doesn't the split indicate higher risk in the new shares since smaller companies?
 
You'll end up with two companies in divergent businesses and the market will value them separately. WMB was probably getting some pressure from a large shareholder like a hedge fund to increase shareholder value. There is going to dividend increases so I'd just hold until you see how things work out. I actually bought more WMB today to increase my exposure. You are not required to do anything - your broker account will make it right. Have you ever looked at LNG which is around $9.25 up from $3.
 
BT

What search criteria do you use to sift through the thousands of stocks and what do you look for to ultimately select a particular stock?
 
thanks for the enlightenment, birch. think i'll sit tight on what i've got, see how it plays out. hope i don't regret. first time at this game. sticky pants ON! :cheesy:
 
I don't use any particular search criteria - I use my years of gut experience with different company familiarities. Just being exposed to the daily issues of the Wall Street Journal helps. When I was younger I used to clip articles from Forbes and Medical Economics on company statistics until I learned who they were. Now I just visit the friendly flower shops for the only but lonely wall flowers. Honestly, with enough exposure overload it becomes a natural selection process. Of course you could take a finance page and throw darts - that seems to work just as well. Or get your own feline investment adviser. Or build your own mutual fund - that increases the odds toward some choice successes. I've never been capable of just picking the best stock. Mindylou is my Tonkinese investment adviser. She is always adding to my buy list. You can also go to the library and slog through their edition of Value Line. Better still just look around and see who makes what.
 
Birchtree said:
I don't use any particular search criteria - I use my years of gut experience with different company familiarities. Just being exposed to the daily issues of the Wall Street Journal helps. When I was younger I used to clip articles from Forbes and Medical Economics on company statistics until I learned who they were. Now I just visit the friendly flower shops for the only but lonely wall flowers. Honestly, with enough exposure overload it becomes a natural selection process. Of course you could take a finance page and throw darts - that seems to work just as well. Or get your own feline investment adviser. Or build your own mutual fund - that increases the odds toward some choice successes. I've never been capable of just picking the best stock. Mindylou is my Tonkinese investment adviser. She is always adding to my buy list.
Click to expand...

Your cat?:laugh: So you don't use the Graham method (NCAV) or look at Morningstar? Are there certain sectors that you like better than others?
 
I like most anything energy related or industrial related to manufacturing. I like most anything that stinks in the financial sector to include mortgage brokers. I recently bought some MTG. Mindylou happens to like ODC which is Oil Dri - a cat litter maker. I'm buying regional banks and home builders as well as building related materials. A lot of wood PCL is being exported to China.
 
I may have to follow your lead and use Bob (Maine Coon) for advise. Do you ever get into conglomerates (i.e. DHR, BEC, BRK, etc)?
 
jpcavin said:
Your cat?:laugh: So you don't use the Graham method (NCAV) or look at Morningstar? Are there certain sectors that you like better than others?
Click to expand...

And they have nine lives too!

Just picture yourself sitting there with the WSJ, just you and Bob. Lay the paper in front of him - where does his paw land?

Buy it.:D
 
Wow, are we in bull runaway mode again - I'm chasing Ferdinand and I keep tasting hoof dust. I did manage to do more buying: TRN, ORI, HVT, BCS, HRL, CBI, ETH, AE. The flower pot is filling up for more buying power tomorrow - I'll polish off the rest of my list then. By the way, a bird cage works best for stock selections with a news paper.
 
Birchtree said:
Wow, are we in bull runaway mode again - I'm chasing Ferdinand and I keep tasting hoof dust. I did manage to do more buying: TRN, ORI, HVT, BCS, HRL, CBI, ETH, AE. The flower pot is filling up for more buying power tomorrow - I'll polish off the rest of my list then. By the way, a bird cage works best for stock selections with a news paper.
Click to expand...

Yes, remember

Every Litter Bit helps. :D
 
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